Real estate

DSI moves to seize 1bn baht assets from Chiang Mai, Krabi condo developer

THE DEPARTMENT of Special Investigation (DSI) today (June 24) raided the office and residence of a condo developer in Chiang Mai and gathered documents to seize assets worth 1 billion baht over fraud charges in the development of projects in this northern city and Krabi, Naewna newspaper said.  Mr. Traiyarit Temhuong, DSI’s head, said the

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Real estate

Renowned real estate executive Nigel Cornick launches development partnership in Thailand 

Property expert with THB45 billion track record in completed luxury condominium projects returns to help industry navigate new market challenges and opportunities ONE OF Thailand’s most renowned real estate personalities has established a new development partnership to guide developers and owners through market challenges and allow them to maximise the potential of their assets. Far East Consultants

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Real estate

Posh residences at The Whiteley in London being launched here soon

BEING launched in Bangkok on June 30, 2022 is the new world-class residences at The Whiteley, in London’s Bayswater, with Savills Thailand giving buyers here the first chance to purchase an apartment in the grand reimagining of the former Whiteleys department store. Designed by world leading architects Foster + Partners, The Whiteley brings together new,

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Real estate

Bank sells 121 properties at today’s online auction 

THE Government Housing Bank’s hour-long online property auction from noon to 1 p.m. today (May 21) successfully sold 121 properties for a total of 135 million baht, Matichon newspaper said. Mr. Chatchai Sirilai, the bank’s managing director, said the auction, entitled “Find the Home you Desire – Reductions over the Spread of Covid-19″,  took place

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Real estate

Condo’s concrete awning collapses in Srinakarin area

RESIDENTS of a nine-storey condominium off Srinakarin road near Seacon Square scurried for safety at 5.30 a.m. this morning (Sept. 14, 2020) after a 21.5-metre-long concrete awning affixed between the ground and first floors suddenly collapsed but fortunately there were no injuries, Thai Rath newspaper reported. Sukhumvit fire and rescue staff, rescuers from Po Tek

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Real estate

Bangkok housing market likely to drop by 39% year-on-year

THE Greater Bangkok residential market is expected shrink by 39% year-on-year with new launches seen to bring in a total of 72,875 units compared to 118,975 units unveiled in 2019, the independent survey firm Agency for Real Estate Affairs (AREA) said today (June 18, 2020). Dr Sopon Pornchokchai, president of AREA’s Research and Appraisal Information

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