Thailand’s housing market is slowing sharply, amidst a struggling economy caused by the COVID-19 pandemic. Sellers hang on there! Landlords moderate your expectations! https://www.globalpropertyguide.com/Asia/Thailand/Price-History
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Thailand reopens slowly post covid19. No quarantine for vaccinated visitors to Phuket come 1 Jul 2021!
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Thailand Backs Vaccine Passport Ahead of Wider Reopening: https://www.bloomberg.com/news/articles/2021-03-08/thailand-backs-vaccine-passport-plan-ahead-of-wider-reopening
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According to a survey, Thailand remains the most preferred overseas property investment destination for Chinese buyers in 2021, driven by the expectation of a distribution of vaccines and the reopening of inbound tourism.
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When a strange unknown virus broke out in the Chinese city of Wuhan early 2020, there was fear that Thailand was especially vulnerable due to the large number of travellers it receives from China. As it happened, by the end of January, the kingdom had the second highest number of cases outside of China. As […] Read More
Thai Baht is Asia’s best-performing currency in 2019, having clocked 8% rise against USD and now hovers at a 6-year high: https://www.bangkokpost.com/business/1822329/baht-asias-best-performing-currency-faces-reversal?fbclid=IwAR18CyUFXrBWOmr-Y5zDPOEVXRAbkw-nmY3LtryMPLg8cppyjrbHQ7d7z-s
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Thailand has begun construction of its 2.07 trillion baht bullet train system connecting Beijing, Laos, and Singapore, the Bangkok Post reported. The much hailed Pan Asian modern transport system is part of the government’s plan to make Thailand the logistics hub of Asean. The railway is part of the Belt and Road Initiative of China. Thailand aims […] Read More
Getty Bangkok Is The Most Visited City In The World…Again The Mastercard’s Global Destination Cities Index—which ranks 200 cities based on proprietary analysis of publicly available visitor volume and spend data—reveals that Bangkok remains the No. 1 destination, with more than 22 million international overnight visitors. Paris and London, in flipped positions this year, hold […] Read More
Furore over TM30 – a form that landlords which provide accommodation to foreigners must submit to the authorities within 24 hours of the arrival of their tenants. Landlords and tenants who fail to comply face fines of between 800 – 2,000 baht. Recent stringent reinforcement of this law – previously rarely implemented for private condo […] Read More
Noteworthy insights from CBRE Property Report (Bangkok) 2019… “demand for condominiums has increased steadily in recent years, with strong influx of foreign (esp Chinese) demand. Market sentiment has been boosted by government spending on large infrastructure projects such as new MRT lines and a new high speed railway linking Suvarnabhumi, Don Mueang and U-Tapao airports.” Stable […] Read More
