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New Environmental Act Amendment to Eliminate Condo Abuses

Category: Real estate, Posted:16 Mar 2009 | 14:48 pm

Thailand's National Environmental Board has drafted a revision to the existing Environmental Quality Act, and have submitted it for Gazetting and subsequent implementation. While the current Act aims to control a wide range of property development along with hotel and condominiums there have been recurring abuses in the past. New amendments expand the exiting requirement for hotels or residential developments above 80 rooms to apply for an EIA to more specific language which includes an "or" provision if the gross floor area exceeds 4,000 square meters. High rise projects are also addressed covering any building 23 meters high or a gross floor area of 10,000 square meters and above.
Given the considerably longer and more expensive process of obtaining EIA permits versus the less complex and relatively easy EIE permit, developers have been circumventing the law by applying for EIE permits and showing less then 80 rooms, though gross floor areas which in actual terms are in excess of the 80 room threshold. It's been a timeline fast track commonly used for eager property developers who wish to tighten up lead-time getting into the ground.
As Thailand's real estate market continues to develop into a more internationally benchmarked regulatory process the new amendment is clearly a positive step in the right direction.

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The C9 Sessions – The Growth of Branded Residences in the Philippines

Category: Real estate, Posted:23 Jan 2025 | 11:33 am Branded residences and mixed-use projects are becoming a significant player in Philippines’s hospitality space. As property developers, real estate investors and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute learning session about all the moving parts in this rising marketplace. The session will feature […]
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Video Sessions From Thailand Tourism Forum 2025

Category: Hotels|Real estate|Tourism, Posted:22 Jan 2025 | 08:18 am In case you missed the Thailand Tourism Forum 2025 in Bangkok last week or did attend, and want to rewatch some sessions please find video links to all below. The event drew over 1,000 attendees and was the 14th year for TTF. We look forward to returning in 2026, but for now please enjoy the […]
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Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]
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