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The principal business of the Company is residential housing development, concentrating particulary on single detached houses. To date almost all the developments have been in the Greater Bangkok and its vicinities and in other major cities in Thailand; Chiang Mai, Chiang Rai, Khon Kaen, Nakhonratchasima, Udonthani, HuaHin, Phuket, Mahasarakham and Ayuthaya.
The Company registered share capital as at Dec 31, 2018, is totally 12,031,105,828 Baht. Issued and paid-up share capital is totally to 11,949,713,176 Baht.
Land and Houses Public Company Limited, founded in 1973, operating property development business, was established to be a company limited on August 30, 1983. The company operates property development business selling the detached house, townhome, and condominium in Bangkok, perimeters and major provinces such as Chiangmai, Chiangrai, Khonkaen, Nakhonratchasima, Udonthani, Hua Hin, Phuket, Mahasarakham and Ayuthaya.
Land and Houses’ vision is being a leading property developer in Thailand focusing on building a better living for house buyers and all stakeholders under good governance. The company attaches importance to the whole processes starting from the beginning until the delivery of the project and the quality house to the consumer. The company concentrates on research, development, innovation, technology, construction, design, through to material selection and service for building residences which can respond well and appropriately to the changeable needs of the consumer in order that the consumer will have a good quality of life and a better living. In addition, Land and Houses values society, partners, shareholders, employees, and all stakeholders to follow the company’s vision.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at VIVE Bangna you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
VIVE Bangna is located 13.7 km away from 7-Eleven and it can be reached within 22 mins by car.
There are many other shops situated in the area of VIVE Bangna, the 3 closest being:
- MY7GOLF is 1.4 km away (an approx. drive of 5 mins.)
- M Plaze is 2.0 km away (an approx. drive of 6 mins.)
- JIVA is 15.6 km away (an approx. drive of 28 mins.)
The surrounding area, where VIVE Bangna is situated, offers a wide variety of restaurants. See the closest of them below:
- Krua Yata is 14.1 km away (approx. 24 mins. by car)
- favorite is 14.1 km away (approx. 24 mins. by car)
- Sushi Tomi Bangna Branch is 14.2 km away (approx. 24 mins. by car)
Mega Pet Animal Hospital is the nearest health facility, which is 14.0 km away (you can drive there in 23 mins.) from the project, while the closest schools in the proximity of VIVE Bangna are:
- House of Duriyakan is 14.1 km away (an approx. drive of 24 mins.)
- Muntana Bangna Km 7 is 0.9 km away (an approx. drive of 4 mins.)
- Thai Ocean Child Development Center is 15.0 km away (an approx. drive of 25 mins.)
Suvarnabhumi Airport is located 24.0 km from VIVE Bangna and it takes about 25 mins. by car or taxi (depending on the traffic) to get there.