In an economy and a market where bank interest rates are low, and resort developments is slowing down, there are opportunities for branded residential property owners to rent out their properties as holiday homes to earn additional income.
Visit CBRE Samui for more details on Conrad Koh Samui Residences
According to the Bangkok Post the deputy finance minister Pradit Phataraprasit announced that the tax incentives for property will end on March 28, 2010.
This means that transfer tax will go back up to 2% of assessed value from 0.01%.
Certain vendors including property developers will pay 3.3% specific business tax up from 0.11%. Mortgage registration will increase [...]
Koh Rong to be “Asia’s first environmentally planned resort island”
(Bangkok – February 12, 2010) – CB Richard Ellis, the world’s largest commercial real estate services firm, has been appointed by The Royal Group of Cambodia as exclusive advisor and sole agent to introduce investors in developing the island of Koh Rong, Cambodia for international tourism and [...]
The Industrial estate sector has been dominated by the fall out from the suspension of projects at Map Ta Phut and concerns about Japanese companies losing confidence in Thailand as a manufacturing location.
Finally we have a little bit of good news.
Hutchinson Technology (Thailand) has committed 4.3 billion baht to build a hard disk drive parts [...]
Bangkok – 20 January 2010 – 2009 was a challenging year for the Thai property market, but CB Richard Ellis (CBRE) sees positive signs for 2010. Whilst 2009 has been a tough year, it was not as bad as many expected.
2010 has begun with a more positive market sentiment. The improving economic outlook globally and [...]
Dubai, UAE; January 4, 2010: The world’s tallest tower, developed by Emaar Properties, was unveiled tonight to a crowd of thousands and the world in a crescendo of fireworks, lasers and fountain displays.
The official height of the tower, unveiled as ‘Burj Khalifa’, was announced as 828 metres (2,716.5 ft).
A closely guarded secret, the official height [...]
