MangoZeen

Pattaya a town renown for its go-gos and lady boys will celebrate the opening of the Pattaya Festival Mall next year as part of its expansion to induce Thais and farangs to spend more money of shit they don’t really need from Tops, Robinson’s and a myriad of semi-luxury clothing chains. The three-year development will […]

Pratumamk Hill offers residents and visitors to Pattaya a spectacular view of the crescent bay and any pedestrians along the Beach Road can admire the splendor of the navy park dipping unimpeded by development into the sea, however the Bali Hai pier is surrounded by hundreds of boats and diesel buses. The former leaking oil […]

Bangkok Bank has reversed a long-standing policy against granting foreigners or farangs mortgage loans for property investment in hopes of jumpstarting Bangkok’s moribund real estate market, thus falling into line with neighboring nations banking practices for foreigners. Mortgage loans toward the purchase of a condominium will have a limit of borrowing up to 25 Million Baht based on 70% […]

The Nation added a note of caution to property owners with a report that up to 50% of condominums will fail in Bangkok due to over-supply. This glut will create another series of ghost buildings to match the 100s of deserted office buildings left over from the 1999 crash. Even the old adage ‘location location location’ will not grant […]

Thai land ownership laws deny foreigners from owning property in perpetuity. Farangs found ways around this ban by owning leasehold contracts for the land in 30-year periods with the right to renew for another 30 years. This loophole has appeared in jeopardy since the coup tightened the FBA or Foreign Business Act. No one wants […]