Thursday, 8 May 2008

Real Estate is one of the most regulated industries in Thai country.

Even if strict system makes very much sense for an industry that has a direct impact on the lives of people, excessively stringent rules could violate their growth and prosperity.

Strict zoning regulations, issued in 2006, the development of new projects more expensive and more time to complete. These arrangements include the floor area ratio; gross building area per area ratio; open space ratio and open space per gross building area ratio.

Meanwhile, the Environmental Investigation Agency has tightened. This change in attitude is a lot of residential projects, because the environmental impact assessment (EIA) approval process is time consuming. This can lead to a significant reduction in the IRR for the project.

If the developers are required yield, the increased costs are finally to the customer.

The natural resources and environment committee also the laws for environmental investigation agency. The main differences are:

-- The new EIA criteria applies to all buildings with more than 2000 square meters.

-- The new criteria applies to projects that more than 10000 sq. m.

-- Projects with 250 sites or more, or an area more than 100 rais are also included in the EIA.

We recommend the establishment of a "one-stop service for a shortening of the periods for which a permit can be granted, and under which a ageancy submission of the EIA can take place. These measures will be the process more convenient and reduce the cost of construction . It is already a proven example of one-stop service within country with the Thai Industrial Estate Authority of Thai country.

Monday, 5 May 2008

50 Swedish Home Buyers cheated to millions in Thai country


Up to 50 Swedish families and the disabled were cheated in a property scandal in Thai country. The investors have a dream of peace in Paradise in Bang Phra, but according to the Swedish tabloid Expressen they lost millions Swedish crowns in deals with the Thai Care, a company dominated by the Swedish citizens Mr. Curt Timhede.

The sale of three-room apartments and villas in the year 2006. Costumers liked what they saw at exhibitions and the Thai Care website. Swimming pool, rehabilitation centre, Schneider, security, everything was designed, suitable for families with children, people with disabilities and the elderly.

The buyers felt safe with the Swedish-speaking sales staff. And happy they made the necessary payments forward to get closer to their dreams.

According to Expressen, the money goes, started the same year in which each signature to a buyer followed with a deposit of 100000 crowns up to 1,000,000 million. The sale continued, and so the money goes, held in 2007.

Expressen called a total of 30 million Swedish crowns.

The first apartment was promised, ready in the middle of the 2006 / 2007 season. But a month after the other went by and nothing happened. At that time, the buyer will not worry about the financial disaster.

Curt Timhede had to Expressen, formerly declared bankrupt three times in Sweden, therefore has a huge debt to the Swedish government (Kronofogeden). And he never told its customers that the money was gone down the drain from the project. Living in a village further down the costs, in the village of Bang Sare, he was only silence.

To the Swedish tabloid newspaper he insists that it is not only customers were lured. He is innocent. His other people, destroyed the project.

Mr Timhede claims that he was betrayed by his Thai partners. Partners, he had to participate because it is illegal for foreigners to own land in the Kingdom. The Swedish businessman says that the problems are rooted in cooperation with a riddle Thai woman he had known for several years.

Mr Timhede that his sons are Swedish citizens like himself, and the Thai woman registered a company. And again, after the Swede, and the Thai woman faked husband Mr Timhede. Suddenly, the Thais had total control.

If there was even the slightest hope, among the buyers at least some of their money back, it is now forever gone.

The official papers in the country in Thai Land Department, says very clearly that the ownership of the land is taken from the bank, rent, the money at the beginning of the project.

Friday, 2 May 2008

Thailand has the second largest economy in Southeast Asia and is one of the world's leading food exporting countries


Thailand is the world's number one producer of natural rubber, rice, canned and frozen seafood, canned tuna, canned pineapple and cassava, and number two producer of sugar. Thailand, the food industry, looking at the size and cost sector, agriculture, animal husbandry and aquaculture sectors in Thailand. It also covers market trends and outlook, current issues, Japan-Thailand Economic Partnership Agreement on, a kitchen peace project, HACCP, import and export tariffs, rules and regulations, organizations and supporting economic growth

International visitors to Thailand will reach 15.7 million in 2008

Thailand's tourism industry recovered in 2006 from 13.82 million international tourists, that almost 20% from 11.52 million in 2005. Statistics show China, arrived in Thailand property from their country of residence, increased by 35.62% to 1,03 million
in 2006, with 0.76 million in 2005. Meanwhile, tourist arrivals from East Asia grew by 18.66% in 2006, while European arrivals were also up by 23.64%.

Tourism Authority of Thailand (TAT) believes that foreign visitors will be 14.8 million in 2007 and 15.7 million in 2008. Tourism in Thailand property is expected to generate THB 547 billion (U.S. $ 15.3 billion) income in the year. Domestic tourism goal of 82 million visits in 2007 and 83 million visits in 2008

Thursday, 1 May 2008

Train routs to Bangkok airport is scheduled to launch in December


New dates opening movement of high-speed train from Bangkok Suvarnabhumi Airport to the city appointed December. Previously, it was assumed that this will happen in autumn. On Line trains will operate nine German group Siemens, which already pass the test.

Aboveground line length of 28.6 kilometers will be served through two routes. Airport Express trains will have to go without stopping at a speed of 160 km / h to urban aviaterminala Makkasan, which is located near the metro station Phetchaburi. On this trip will require 15 minutes. Trains Airport City Line overcome the same distance with four stops (Lad Krabang, Thub Chang, Hua Mark, Ramkhamhaeng) for 27 minutes and then continue the path of One Stop (Ratchaprarop) located closer to the city centre station Phaya Thailand property, together with the same aboveground subway station Skytrain. Each train will have three passenger cars, but will also Airport Express vans. City aviaterminal Makassan at 270 meters in length will have three floors.

At the first parking for 200 cars, the second will be given to passengers arriving in Bangkok property, third - departing. There, they will be able to register for the flight, as well as deliver the luggage.

In Bangkok, there will be Champs Elisees

In the capital of Thailand property wanted to create an analogue of the famous Parisian streets. Minister of Finance of Thailand property Surapon Sypvonli (he is also a vice-premier government) has decided to seriously take up the tourism industry. Initially, he proposed to make a super-luxurious Resort from the fourth-largest island country, Ko Kuda. This initiative relates to his Thai capital.

Mr. Surapon considers it necessary to turn Ratchadamnen street in the centre of Bangkok in some semblance of Parisian des Champs Elysées: historical attractions, expensive restaurants, fashionable hotels, the most prestigious cafes, boutiques. But unlike the republican France, on Avenue Ratchadamnen, according to the Finance Minister, it is still divided small park behalf of His Majesty King Rama IX. By design, the park should be devoted to the cause of all those that committed for the benefit of its people King Bhumibol Adulyadej.

Wednesday, 30 April 2008

Massive Nordic boom set to hit resort towns


Scandinavian investors are forecasted to invest up to Bt16.2 billion in residential developments in Thailand property this year and the next. This money will be expended into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand).
The company's managing director, Patima Jeerapaet, said Swedish investors figure dominate in the list, followed by Finns.
The main residential projects developed by Scandinavian investors include resorts, villas and condominiums at tourist hotspots.