Foreign investor guide on purchasing a Bangkok property

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Bangkok is one of the top property investment heavens in the region for buyers who prefer a vibrant city that is burgeoning with tourism.

Located in the heart of Southeast Asia, Bangkok is the capital of Thailand and most populous city in the country. Besides being a perennial tourist destination in Asean, the city is also ranked as the most livable location for Asian expatriates in Thailand according to a survey report released by ECA International in early 2019.

However, for most foreign buyers, buying a property in a foreign country like Bangkok could be daunting, as it might be restricted by the foreign ownership regulations, investment requirements, taxes and more.

In collaboration with Capital One Real Estate, the upcoming StarProperty.my Forum 2019 will feature Bangkok’s property market, with property agents and speakers sharing their insights and also conducting one-to-one consultations for those interested in purchasing a property there.

The event will be held on 6 and 7 April at Menara Star, from 1pm to 6pm.

The key highlight of the forum is the free seminar titled “Where is Thai property heading after the General Election in 2019” by Capital One Real Estate sales director Nutcha Jiota.

According to Nutcha, the price for Bangkok high-rise residential increased steadily by 5-7% per annum over the last three years.

“The price of Bangkok property will continue to rise but only in the commercial business district (CBD) area. The average price of a new project in the Sukhumvit area is ranging from 170,000 baht to 240,000 baht per sqm or RM2,000-3,000 psf,” she explained.

The forum will also exhibit The Nest 71 Sukhumvit, a freehold condo project located at Sukhumvit 71. Located not far from the BTS Phra Khanong, the project is a transit-oriented development (TOD) with 515 units in total. The price ranges from RM461,000 to RM867,000 with the price of RM1,479 psf.

 

To register for the forum, visit: http://bit.ly/BangkokPropertyExhibition2019

 

Want to contribute articles to StarProperty.my? Email: editor@starproperty.my
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