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On May 22, 2022, governor elections were held in Bangkok, the post was taken by Chatchat Sittiphun, former Minister of Transport. The new governor supports the idea of restoring the confidence of foreign investors, which will have a positive impact on the recovery of tourism, export growth, GDP growth, and improve the situation in the real estate...
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Developers use the latest technologies to attract customers. Pruksa uses virtual reality technologies to familiarize customers with the project at home. Pruksa has already been noted as a developer who uses the latest technologies to work with clients. This is how customer data is processed by Big Data to better understand the needs of the target...
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LPN WISDOM, a housing market research company, recently reported that according to the results of a review at the end of the first quarter of 2022, it was found that 36 developers registered on the stock exchange had a total revenue of 68 billion baht from January to March, which is 18.97% less than in the same period of 2021. While Vichai...
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The situation with COVID-19 in the country has begun to improve. There are fewer cases of infection and deaths. This was reflected in a decrease in the number of new cases and deaths. This creates a positive atmosphere for entrepreneurs to return to investing in private projects, the industrial sector and construction. In addition, the state...
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Thailand TOP COMPANY AWARDS 2022 has been held annually since 2013 by Business+ magazine under the auspices of ATP Public Company Limited together with the University of Thai Chamber of Commerce. The selection process of business organizations is based on the results of all companies in Thailand submitted to Business Development Department. Up to...
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In Bangkok, in the first quarter of 2022, only 31,477 properties were put up for sale, which is 227.5% more than in the same period of 2021, when a total of 9,611 properties were put up for sale. 20,536 real estate units were apartments in condominiums and 10,941 real estate units of private houses and townhouses. At the end of 2021, 164,951 real...
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Is there a future for shophouses? Previously, these commercial buildings with a shop on the ground floor and an apartment on the second floor, accounted for more than 27% of Bangkok's real estate. Analyzing the data from 2018-2021 in Bangkok and the surrounding provinces, it can be seen that since the second half of 2019, the number of unsold...
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Developers should reconsider the size of apartments and adjust some functions so that housing prices remain unchanged. Developers will also be more cautious about buying land to avoid higher costs due to the new tax. Honorary President of the Association of Housing Business, said that the cost of building houses will increase by 5-10%, especially...
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The demand for low-rise housing in the elite segment is stable and the developer Sansiri has bet on this segment of real estate. The company expects 15% sales growth thanks to this solution in 2022. The company's management believes that the opportunities in the low-rise luxury housing market are huge, since buyers in this segment have not been...
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From June 1, Thailand will be fully open to tourists, Thai Pass system will be canceled. The level of COVID-19 continued to decline, all this will lead to a full recovery of the real estate market and the economy of the country as a whole. The government is discussing possible options for attracting foreign capital to stimulate the economy. The...
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