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At the beginning of 2022, there was a surge in investment activity in the Asia-Pacific region with all signs indicating a recovery after COVID-19. Unfortunately, this was thwarted by inflation, higher interest rates and geopolitical conflict, and all these fears resulted in the following year. CBRE (Global Commercial Real Estate Services) has...
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Thailand is a country that was hit hard by the global coronavirus pandemic. Tourism, one of the leading industries in the country, was put on hold. However, in 2022, the authorities have stabilised the economic situation in the country, attracting millions of tourists to the kingdom and increasing revenues. Real estate in Thailand, purchased in...
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The demand for housing in Samut Prakan has been steadily growing during the first three quarters of 2022, as the launch of new projects stimulated growth. Nonthaburi saw an increase in interest in the first two quarters, and then stabilized in the third quarter. The neighboring provinces of Bangkok are components of Greater Bangkok and more and...
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According to the Real Estate Information Center (REIC), higher interest rates and the cancellation of support measures for real estate have weakened the mood of developers, while the return of Chinese tourists gives hope for an increase in sales. In the fourth quarter of last year, developers were more worried about the impact of higher interest...
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In 2021, the supply of new low-rise housing exceeded the supply of new condominiums in the Bangkok Metropolitan Region for the first time since 2011. In 2022, although the supply of low-rise housing increased by at least 25% compared to the previous year, there was also an increase in the supply of new condominiums, especially in the city center...
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Despite restrictions on crossing China's borders, Chinese citizens still dominated apartment purchase transactions in Thailand last year, the number of Myanmar citizens who bought apartments in Thailand increased and reached TOP-10 for the first time for economic and political reasons. Economic and political problems have forced wealthy citizens...
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The report for 2021, prepared by the American Michelson FoundAnimals Foundation, surveyed a sample of rental home owners and tenants with pets in the United States. The survey showed that 79% of respondents who own rented houses indicated that pets are allowed in their homes. In addition, 35% of the sample group are tenants who moved out of their...
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There is fierce competition in the real estate market. After the end of the pandemic, all developers have returned to the market and offer a variety of facilities across the country. To attract customers, they actively develop attractive promotions. The shares will be for all market segments: at a cost from 1 to 72 million baht. During 2016-2019,...
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AP Thailand reveals a business plan for 2023, an aggressive debut with the highest value in the industry at 77 billion baht. On February 9, 2023, the Deputy Managing Director of AP Thailand stated that the Thai economy as a whole is beginning to show good potential in 2023. The resumption of tourism and domestic consumption in the real estate...
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Ustanu Mahagitsiri, the heiress of the Mahagitsiri Orphanage, the 11th richest person in Thailand with a fortune of $2,300 billion, is active in the real estate market. In June 2022, Thoresen Thai Agencies or TTA was listed on the Thai Stock Exchange as a subsidiary. There is an obligation to invest together with a partner from Japan, Kanden...
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