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News & Events

Thai Property Tax Incentives Excites Phuket Real Estate Market

The Finance Ministry led by minister Surapong Suebwonglee has essentially revived the tax incentives that proved successful in spurring the property market in 2003 when they were used by former prime minister Thaksin Shinawatra.

Property Sector set to prosper in 2008

Foreign investors are expected to invest up to 70 billion THB in the Thai property sector this year, following the lifting of the Bank of Thailand's 30-per-cent capital reserve requirement.

Beachfront land prices to rise 15% - 20% in Phuket 

Beachfront land prices in the three key resort destinations will increase by at least 15%-20% this year, mainly due to increasing demand of well-heeled tourists.

Thailand a Hot location for property investment

Thailand could prove to be a hot spot for property investment in the future, it has been claimed.  Investors Provident said that the country was popular with investors buying for pleasure because it represented a nice holiday destination. 

Phuket Airport sees traffic influx

Phuket International Airport is experiencing a major increase in air traffic as tourism and property markets boom on the Andaman coast.

Air traffic passing through Phuket is set to reach five million passengers this year, and that figure could soon reach the airport's annual capacity of 6.5 million.

Foreigners financing Thai condos through Singapore banks

Foreigners keen on buying freehold condominiums in Thailand have always had great difficulty obtaining financing from Thai banks, until Bangkok Bank's Singapore branch pioneered the service two years ago.

The Residence - New Stylish Developments

The concept of The Residence in Bangtao area belongs to the Richmond group, a Hong-Kong based company that has been offering asset management services -and profitable ones at that- for over twelve years.

Tropical Living - The Himmaphan

Thai Mythology meets the ultimate in luxury villas

Phuket, Thailand - Why One Person Believes the Best Profits are Yet to Come. 

Graham Bibby has invested the largest part of his asset, and for that matter his life. into what he believes will be the biggest retirement location providing the ultimate in lifestyle with great property appreciation and yields.

Phuket 'recovered'

Despite uncertainties in Thailand's post-coup era, the signs are there for an end-of-year democratic election and industry experts see the real estate industry is now turning the corner.

Phuket to be Number One!

A recent visit to Phuket by the world's richest man has kick-started plans to build an exclusive mooring off the coast of Thailand's most popular island for billionaires to park their yachts.

Phuket - Post Tsunami - Economy Growth

With the negative media coverage that wrongly portrayed the post tsunami situation on the island of Phuket, people assumed that the property industry would crash, prices would fall and demand dwindle. Quite the contrary has happened.

Investing In Your Future 

Investment growth and property values in Phuket are adhering to the proven worldwide trend for idyllic resort locations.

Developer Dialogue - Graham Bibby; a teenage entrepreneur turned real estate tycoon

On paper the professional life of Graham Bibby, CEO of the Richmond Group, reads like a perfect exercise in career planning.  From a teenage entrepreneur to a fully fledged real estate tycoon, Graham's success has been driven by ambition and backed by healthy doses of tenacity and pure talent.

Phuket - The Pearl of the Andaman

Located 862 kilometers south of Bangkok is Phuket, Thailand's largest island, which is often dubbed as the pearl of the Andaman, or the pearl of the South. Its natural resources- rocky peninsular, limestone cliffs, white powdery beaches, tranquil broad bays and tropical in-land forests contribute to making it the South's wealthiest, busiest, most visited and most popular island and province.

  

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» Click here for the Richmond Group Jan 08 Newsletter

» Click here for the Richmond Group Feb 07 Newsletter (PDF)

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