It is vital to have all the necessary documents in hand when buying property in the Philippines. Failing to have all these will cause you a plethora of headaches in the future, including the possibility of having the transaction being deemed void. With that in mind, here are the five documents you will for sure need when buying property in the Philippines: Contract to sell Deed of absolute...
by Asia Land For Sale 
There are Asian countries that allow foreigners to own land, although these are few and far between. It also seems highly unlikely that the current list will change any time soon. That’s because this is a hot button topic which can spark a public backlash against a sitting government. Look no further than Thailand for proof of that. The Thai government approved plans to allow freehold foreign...
Land prices in Bangkok rose once more during the first quarter of this year and have now increased by double digits for three consecutive quarters. According to the Real Estate Information Center (REIC), prices in suburban Bangkok are surging the fastest. “The top five locations securing the highest year-on-year increase in the price index of vacant land were all located outside of Bangkok. The growth...
The highest land price rises in Bangkok over the past few years were found in Huai Khwang, according to findings from the Thai government's recent assessment. That was to be expected given the increase of development in the area and its proximity to key hubs, such as Rama IX. The Treasury Department Director-General Chamroen Phothiyod noted that land prices in Huai Khwang soared by 21.5 percent when...
Land prices across greater Bangkok rose during the third quarter with the largest gains being recorded in suburban locations, according to data from the Real Estate Information Centre (REIC). the largest increases were seen in the Samut Prakan and Nonthaburi provinces where prices remain relatively low. In fact, land prices in the Bangkok city center grew at a much slower pace than in years past due to...
Thailand foreign land ownership is now possible with the Cabinet signing off on a proposal that would allow expats to own up to one rai of land for residential purposes. However, potential buyers shouldn’t get too excited about the scheme which has a THB40 million investment requirement attached. Watch the video below for all the details. Click here to start your search for Thailand land for...
The Bangkok Metropolitan Administration (BMA) wants to close land tax loopholes that have seen some owners turn their holdings in prime areas into makeshift banana and lime farms. This allowed them to enjoy the agricultural land tax rate of 0.01-0.1 percent as opposed to the 0.3-0.7 percent applied to undeveloped commercial plots. A source at the BMA told the Bangkok Post that up 12,000 land plots in...
Bangkok land prices continue to grow but at a slower pace than previous years, according to the Real Estate Information Center (REIC). There were a number of reasons for this, including Thailand’s struggling economy and the full collection of the land and building tax which went into effect this year. The REIC’s price index of vacant land in Greater Bangkok was 354.5 in the second quarter of 2022....
Can foreigners own land in Malaysia? The good news is that foreigners are able to own land in Malaysia. There is better news, however. The country is only one of a few in Asia where freehold ownership terms are available. As you would expect, there are rules and regulations in place that you will need to take note of with most laid out in the National Land Code. For starters, Malay Reserved Land and...
Foreigners looking to own freehold property in Asia have several options at their disposal. As you would expect on such a diverse continent, rules and regulation do vary quite a bit. In some countries, you are limited by property type while other places have restrictions on locations and prices. The good news is that most places that allow foreigners to own freehold property in Asia have fairly...