Common Fees  of Owning a Property in Thailand

Common area management fee is to maintain and take care of a common area or common facilities such as guard, electricity, etc. The amount will be calculated from a fixed rate of each unit depending on the unit size or ratio of the ownership. If any freehold condominium provides exclusive parking space as indicated in a title deed, common area management fee for the parking space is to be paid as well.

Building insurance fee may be treated as an add-on payment. This covers common area not individual units. For example, damage caused to the building, insurance will only cover the common area not individual’s units.

Sinking fund is a contingent fund kept for upcoming expenses to take care of renovation or upgrading of a property such as changing water pipes, pool tiles, etc. Unit owners have to pay this amount into the juristic persons’ bank account when registering the transfer of ownership at Land Department. 

 

Which Areas Are Popular for Property Investment (Condominium)?

City	Popular Areas	Average Price (per sq.m.)	Average Rental Yield	Average Price Appreciation Yearly	Target
Bangkok	CBD along BTS and MRT line	THB150,000 to over THB350,000.	3-5%	5%	Expats,
Chonburi	Pattaya	THB80,000 to THB150,000	4-6%	3% (no seaview) 5% (seaview)	Expats
Phuket	Patong, Kamala, Surin, Bangtao	THB90,000 to THB150,000	3-5%	3% (no seaview) 5% (seaview)	Expats
Prachubkirikan	Hua Hin	THB110,000 to THB150,000	4-5%	5%	Retirees, Expats
Chiangmai	Muang Chiangmai, Sansai, Doisaked	THB70,000 to THB130,000	4-5%	5%	Retirees, Expats

Source: Knightfrank, REIC, Baania, TerraBKK (2021)

To know more:

https://bmireal.com/property/the-address-siam-ratchathewi/

 

*Please note that written details are provided by the developer at the time of publication.

Contact Details: Ms. Chan  (852) 2593 9650 /schan@bmintelligence.com

 

BMI Real Estate Co.,Ltd., under BM Intelligence group of companies, provides one-stop unparalleled services for real estate investment and management to retail and non-retail clients locally and internationally. By leveraging our group’s international experience with our local team members with extensive knowledge of the Thai property market, through this document we aim to provide comprehensive information for you to understand more about the market. Should you wish to make an investment in Thailand, please feel free to contact us for an enquiry. Services we provide to help foreign investors own properties in Thailand including but not limited to

1.1 Property Agent

We are officially appointed by 5 leading property developers in Thailand to sell their properties including detached houses and condominiums to both locals and international buyers from Sansiri, Noble, AP, Singha Estate and Raimon Land. You may simply let us know your demand and your preferences, we will find you the right property.

Investment Advisory

• Investment analysis

• Buy/sell side due diligence

• Valuation

• Feasibility studies

• Market and sector studies

• Deal structuring

• Financing and debt advisory

• Tax advisory

• Transaction advisory

 

1.2 Migration

• Advice on visa type that best suits your purposes

• Preparation of documents

• Introduction to local banks for account opening, ensuring you have full control of all transactions

• Assistance in school entrant procedures for your children • Assistance in application of local driver’s license, banking facilities such as credit/ETC cards, credit lines, mortgages, safety deposit boxes and the like.

 

1.3 Project Management and Design

We provide full scope advisory services that will make your property comfortably livable or transferable at its maximum value.

• Construction

• Architect and interior design service

• Fully finishing , furniture selection and decoration

• Renovation

 

1.4 Estate Planning and Trusts

Want to pass on your assets to beneficiaries? How to do it effectively and at the same time efficiently? Plan your succession with us so that you can rest assured that your beneficiaries and your assets are well protected.

Design your trust whether it’s an absolute trust, discretionary trust, etc.

Tax Planning: Mitigate tax liability since once assets are placed into a trust, it is no longer considered a part of the settlor's assets upon his demise.

Time Saving: Save time from probating or proving a will since assets no longer belong to a settlor.

Management and Protection of Assets: Manage assets in the trust, make sure that your assets grow as well as protect them from those who may want to take advantage of your beneficiaries.

 

1.5 Resale and Rental

Our team can advise you on how to maximize rental returns as well as property value when your property is being transferred.

• Evaluating suitable selling/rental price

• Advertising and distributing available property through our network • Arranging unit viewing

• Sales and purchase/tenancy agreement preparation

• Dealing with bank and capital flow

• Facilitating transaction with land department

 

To know more:

https://bmireal.com/property/the-address-siam-ratchathewi/

*Please note that written details are provided by the developer at the time of publication.

Contact Details: Ms. Chan  (852) 2593 9650 /schan@bmintelligence.com

 

  邦盟匯駿專業培訓中心回饋客戶，推出2小時董事培訓和周年會議ALL in ONE 組合抵至港幣18,000，超過50個適用於香港交易所最近修訂之《企業管治守則》中有關董事培訓的要求可供選擇，會議地點十分便利，位於灣仔或銅鑼灣，場地設備完善，支持在線會議或者電話會議。

我們已為超過200家上市公司提供針對性，專業，貼身的董事培訓課題。

電話: (852) 2593 9653（周小姐）

電郵: registration@bmiptc.com

網址: www.bmiptc.com

Overview of Xiamen University:

Xiamen University is a state vice-ministerial level key university and was included in the list of “211 Project” and “985 Project” for the state key construction. It is one of the three earliest universities to develop the post-graduated education.

• Ranked sixth on China top ten scientific research institute (issued by Nature).
• Ranked top 20th in the 2017Chinese University Alumni Association university ranking list.
• Finance, statistic and accounting programmes ranked 1st in China.
• With over 140 research institutes and more than 38,000 on-campus post-graduate students.

Mode of study: Part-time

Mode of funding: Self-financing

Applicants must:

•  Hong Kong, Macao and Taiwan residents; and

•  hold a Master’s degree.

Normal study period: 4-8 years

Research directions: Financial econometrics and forecasting, Financial Markets and Investment, Financial and Risk Management, Corporate Finance, Cross-strait financial market research, Macroeconomic analysis and forecasting, Labor economics and human resource management, and Industrial organization.

Tuition: HK$180,000 (RMB 150,000) in three phases

Certificate: Ph.D degree and graduation certificate

The Advantages of WISE Ph.D

• Complete the entire PhD programme normally in four years .
• Weekend classes, will NOT affect weekday work.
• Able to join Xiamen University Hong Kong/Macao/Taiwan Alumni Association to expand the career platform.

For more information, please contact Ms. Chow at (852) 2593 9653 or email registration@bmiptc.com.