Thailand Specifies Form of Reservation Contract for Sale of Condo Units

Thailand Specifies Form of Reservation Contract for Sale of Condo Units

New Regulation on Condominium Reservation Contracts in Thailand On October 3, 2024, the Contract Committee of Thailand’s Office of the Consumer Protection Board  published a new regulation that prescribes the form of reservation contracts for selling condominium units. Known as the Notification Prescribing the Business of Selling Condominium Units Through Reservations as a Contract-Controlled Business…

rental agreement

Thai Government Regulations for Rental Business

Due to the increasing popularity of condominiums and apartments in the city, which comes with several issues related to rental and utility bills; as a result, the Contract Committee of the Consumer Protection Board has issued a new notification, the Stipulation of Residential Property Leasing as a Contract-Controlled Business B.E. 2562 (2019) (the “Notification”), published…

Diversity of Bangkok Condominium Market

According to CBRE Thailand, the Bangkok condominium market is growing in complexity as more products with different market dynamics, sizes and quality emerge. New supply has continued to increase with approximately 7,600 units completed in the downtown and midtown markets this quarter.  Total midtown and downtown supply is now purportedly approximately 350,000 units where the…

End of content

End of content