Tag: Covid-19

JLL sees bright future for post-Covid Thai real estate market

Thailand’s hospitality industry has been hit hard by the Covid-19 pandemic and Bangkok’s serviced apartments are no exception. A study by property consultant Jones Lang LaSalle indicates that serviced apartments have generally fared better than hotels in current and past times of distress. The report expects the pandemic to boost the growing trend of mixed-use […]

Entering The “New Normal” With Safe Property Viewings

In these extraordinary times, personal safety has never been more important than before. COVID-19 has brought on new realities in our day to day lives and business activities. As we enter into the “new” normal, let’s not forget that everyone has an important role to play to keep our community safe. With this, we have […]

Are You Missing Out if You Don’t Buy Now?

Housing Market Group economists predict that home prices will most likely decrease between 2-3% through the end of the year from pre-COVID levels and slowly recover by late 2021. The predictions include two other possible scenarios: Prices decline as much as 4% and take longer to recover, or as little as 1% and recover more quickly. For […]

Investors Remain Optimistic About Commercial Real Estate, says Study

According to real estate advisory firm Hodes Weill & Associates, that has an office in Denver, investors are taking a measured, cautious approach to new investments and focusing on portfolio management. Results from a recent study showed that while 59 percent of investors anticipate a slowdown in investment activity over the next six to 12 […]

Property slump in Thailand’s North

Real estate developers in Thailand’s North are a bracing for a slump in the residential property market, as the number of home buyers is dwindling and banks are imposing stricter rules on home buyers and reportedly denying mortgages. The president of the Chiang Mai Real Estate Association says the economic slowdown and lower confidence among […]

Aman prepares for opening of Southeast Asia resorts

With COVID-19 restrictions slowly being eased in many parts of Southeast Asia, leading hospitality-group Aman announced a phased reopening of its resorts. The hotelier operates 21 properties in Asia including resorts in Thailand, Vietnam, the Philippines and Indonesia. Aman revealed that all of its resorts have been adapted to ensure the health and safety of […]

Vietnam is becoming a second home destination for international property buyers

The Vietnam tourism property market is still relatively new, but it is a segment many experts have pointed to as having the potential for strong development. That’s due to rising foreign and domestic tourism alongside a growing number of appealing holiday destinations. Prior to the COVID-19 outbreak, nearly two million foreign tourists visited the country […]

Can Thailand’s real estate market bounce back from COVID-19?

As governments all over the world advise their citizens to stay at home, buying property has been put on hold. Global real estate investment dropped by 43% in March as the pandemic spread and there has been little activity in April. As the effects of lockdowns in America, Africa and Europe take effect, the market […]

Identifying real estate investment opportunities post-pandemic

Premier industry experts also share an overview of the first quarter of the year, as well as brief market forecasts. The world as we know it doesn’t have a playbook handy for the pandemic, which is why policymaking around the globe has gone into overdrive, revealed the co-managing partner at BDO Thailand Paul Ashburn at […]