Real estate transparency improves in Thailand
Several countries in Southeast Asia made notable improvements when it came to real estate transparency, according to a recent JLL report. The Global Real Estate Transparency Index 2020, a biannual research project from the consultancy, found that many countries in the region made significant progress over the past two years. Thailand, Vietnam, the Philippines, and […]
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 […]
Positive Property Market Outlook Amongst Thais
Thailand Housing Market’s Thailand Consumer Sentiment Study, revealed that across all age groups, the perception of property agents and developers is the least important factor when considering a property purchase. How Thais perceives the property market is key to its success. Confidence buoys demand to instigate spending and increase transaction numbers. The property market is […]
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 […]
Bangkok serviced apartment market stays steady despite greater competition
The Bangkok serviced apartment market remains stable even with these units facing greater competition for condo units. Several prominent Thai developers, including Sansiri and Ananda, have entered the Bangkok serviced apartment market in recent years as they look for ways to increase revenue and create sustainable passive income. However, the future of the segment is […]
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 […]
Bangkok rental market sees short-term benefits
The Bangkok rental market has remained relatively unscathed during the ongoing COVID-19 pandemic with CBRE Thailand finding there have even been some short-term benefits for landlords. Challenges are on the horizon, however. According to the consultancy, the impact on the Bangkok rental market has been delayed due to the structure of leasing contracts which tend […]
Condo market demand returns as discounts lure investors to Bangkok
Condo market demand has picked up in Thailand as the country begins easing its way out of lockdown. Investors are eying ready-to-transfer units in the Thai capital which have been deeply discounted by developers who are trying to offload unsold inventory and improve liquidity. According to Knight Frank Thailand Director of Research and Consultancy Khun […]
What is the risk of buying a property in Thailand?
This is a discussion that many people and experts have had over the years. For the many people who have enjoyed reaping significant financial rewards, there are as many who have also made substantial loses. There is always a risk of buying a property in Thailand, especially if you are a foreigner.There are two types […]
