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Real estate experts in Thailand believe that the direct impact of the Russian-Ukrainian conflict on the real estate market in Thailand will be insignificant. But there will be an indirect impact. There will be an increase in oil prices, which will affect the Thai economy as a whole. This will have an impact on purchasing power when buying real...
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It’s expected that the Thai economy will grow by 3.7% when COVID-19 measures end in 2022. The full economic recovery of the kingdom will probably take 2-3 years. Real estate prices continue to rise because of new projects being launched. The lowest cost of housing in Thailand was passed in 2021 and the number of new projects was also the lowest in...
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Ashton Asoke Sukhumvit 21 is a luxury condominium, which was built by Ananda Development together with the Japanese company Mitsui Fudosan. The building has a very favorable location near the underground and surface metro, next to a large shopping mall. The construction began in 2014, the apartments were sold at an initial price of 100,000 baht/ m2...
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Vichai Viratokaphan, Inspector and Acting Director of Real Estate Information Center of State Real Estate Bank (REIC) said that the secondary housing market in the 4th quarter of 2021, expanded compared to the previous quarter. This was influenced by government support measures: a reduction in the commission for the transfer of real estate to...
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The analytical center Krungsri Research says that in February, inflation reached a record 5.28%, which is the highest in 13 years. In January, the indicator was 3.23%. This is mainly due to the increase in energy prices: electricity and oil. The increase in energy prices was the result of the protracted Russian-Ukrainian conflict. The Thai...
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The Real Estate Information Center of Thailand (REIC) reported that the secondary real estate market increased in the fourth quarter of 2021 compared to the previous quarter. The Bank of Thailand announced the temporary easing of LTV measures. The government also provides resuming measures to stimulate the real estate market by reducing property...
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Thailand is one of the most popular countries among tourists. People come here to relax for a few weeks, escape winter in their home country or even relocate. The hot, pleasant climate, comfortable life and low prices in the country are attractive to potential buyers. Content: Documents for a foreigner to legally stay in the...
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The Russian-Ukrainian crisis hit oil prices hard, causing construction costs to rise. Real estate developers are expected to raise prices by 5% in the second quarter of this year. The conflict between the two countries has an impact on geopolitics and the economy around the world. The main factor that the world has its eyes on is the trend of...
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COVID-19 afflicted every country on the planet. It caused severe consequences and many businesses closed. The income of the population has decreased significantly, which affects the decision to purchase real estate. A "discount" war could be observed on all completed projects in 2021. Developers tried to implement completed projects with an...
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The pandemic changed people's lives and altered their preferences in choosing real estate. Many families preferred a larger house, as all family members spent more time within four walls. Developers state the increased demand for low-rise housing. A lot of companies started the construction of this housing type. Demand for houses in the price...
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