AIMIRT closes the merger deal
On June 7, 2024, Mr. Amorn Chulalaksananukul, Chief Executive Officer of AIM REIT Management Company Limited, as the REIT manager of. The AIM Industrial Growth Real Estate and Leasehold Real Estate Investment Trust (AIMIRT), revealed that on June 6, 2024, AIMIRT Trust. Successfully received the transfer of assets and liabilities from Pinthong Industrial Park Property […]
The government has issued measures to stimulate the market to grow by 10%
The first quarter of 2024 is almost over, but there is still no real estate stimulus measure from the government. Additionally, we were disappointed by the Bank of Thailand (BoT) refusing to temporarily relax the mortgage loan supervision rules (Loan-to-Value: LTV) for 2024. However, the President of the Thai Condominium Association recently hinted that there […]
The 'EEC Visa'
Mrs. Radklao Inthawong Suwankiri, Deputy Spokesperson for the Prime Minister's Office, disclosed that on May 14, 2024, the Cabinet meeting sanctioned the outcomes of the Eastern Development Zone Policy Committee's deliberations. This encompassed deliberations on the special EEC Visa for temporary residents, as well as guidelines for extending benefits to business operators in the Special […]
Anticipation Builds for EEC High-Speed Rail
On May 22, 2024, Asia Era One is poised to submit critical documents for an investment promotion certificate, marking a significant step forward for the high-speed rail project connecting three major airports: Don Mueang, Suvarnabhumi, and U-Tapao. This project, worth 224,544 million baht, has experienced multiple delays since the initial joint venture agreement between the […]
Strategic Caution Advised for Pattaya Developers Amid Market Growth
Pattaya, renowned for its vibrant real estate market, is witnessing a surge in condominium development, yet developers are urged to proceed with caution to avert potential oversupply concerns. Despite robust sales figures in the past year, industry experts counsel prudence in the face of a projected 50% increase in new launches, with an estimated 5,000 […]
The Eastern Economic Corridor Office (EECO)
The Eastern Economic Corridor Office (EECO) has finalized a comprehensive set of incentives designed to attract investors to the EEC special promotion zones. This strategic move aims to encourage significant investment within these zones. Chula Sukmanop, Secretary-General of EECO, has confirmed that the privileges framework has been submitted to the cabinet for approval. Once approved, […]