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November 1, 2023

Commercial Real Estate Law in Southeast Asia

The commercial real estate sector in Southeast Asia is a dynamic and innovative space, but businesses also face an array of complex legal challenges. With real estate investments transcending borders and regulations, businesses in the region confront a legal environment that demands a clear understanding of the rules and procedures in each jurisdiction.

Authored by legal experts at Tilleke & Gibbins, Commercial Real Estate Law in Southeast Asia is a comprehensive resource that addresses the legal issues relevant to enterprises involved in the commercial real estate sector. The guide explores the nuances of commercial real estate law in Cambodia, Laos, Myanmar, Thailand, and Vietnam, providing an overview of the regulatory framework and legal environment governing property transactions in these countries.

Within the guide, readers will find detailed sections dedicated to each country, offering in-depth insights into the legal instruments, regulatory authorities, and procedural requirements that shape the commercial real estate landscape. Each section outlines the real estate activities that are permissible, those that are restricted, and the associated liabilities and penalties for noncompliance.

The full Commercial Real Estate Law in Southeast Asia guide is available through the button below.

RELATED INSIGHTS​ 

June 17, 2020
The Royal Decree on Land and Building Tax Reduction B.E. 2563 was published in Thailand’s Government Gazette on June 10, 2020, and took effect the next day. The decree, intended to provide additional relief to the Thai economy as it begins to recover from the COVID-19 crisis, applies a 90% reduction to land and building tax payments for 2020 which are due to be paid by August 31, 2020 (previously extended from April 30, 2020). Owners of land or buildings are therefore only required to pay 10% of the land and building tax owed for 2020.
June 15, 2020
As the Thai government begins to gradually lift the restrictions that were implemented to minimize the health risks of the COVID-19 pandemic, the unprecedented economic impact of the disease continues to be felt across multiple sectors of the economy. Businesses have experienced a variety of challenges, including forced closures, supply chain disruptions, and severe declines in revenue as the number of customers has plunged. For the many businesses that lease space for their operations, one additional challenge is simply the ability to pay rent.
June 9, 2020
On May 29, 2020, the government of Vietnam issued Resolution No. 84/NQ-CP, which mandates a number of economic relief and recovery measures in light of the COVID-19 pandemic. These measures include, among others, the reduction of certain government fees and charges and the easing of some regulations on foreign employees, trade, and construction. Some highlights of Resolution 84 are discussed below.Reduction of Government Fees