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Thailand remains the most preferred overseas property investment destination for Chinese buyers in 2021

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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Thailand Property Market in a Post Coronavirus World

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

  Thai Baht is Asia’s best-performing currency in 2019, having clocked 8% rise against USD and now hovers at a 6-year high:  

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Thailand to connect Beijing and Singapore with bullet train

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

Bangkok Is The Most Visited City In The World…Again

  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 – landlords must report to Immigration within 24 hours of the arrival of their tenants

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

Bangkok 2018 property price growth = 4%. Average rental yield = 4.6%

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

Harley-Davidson set to shift base to Thailand

The US motorcycle maker has confirmed its plans to move manufacturing of its China-bound motorcycles out of the US to Thailand to escape Chinese tariffs levied on American vehicle imports. The iconic maker’s moves indicate how companies are dealing with the ongoing trade battle. “We plan to supply China from Thailand by the end of the […] Read More

It’s always a good time to buy Thai property, says Hong Kong developer Allan Zeman

Allan Zeman, the driving force behind Hong Kong bar and nightlife district Lan Kwai Fong, has formed a joint venture with Pacific Century Premium Developments, a unit of telecommunications firm PCCW – which is chaired by Richard Li Tzar-kai, the youngest son of Li Ka-shing, Hong Kong’s richest man – to develop a luxury villas […] Read More

Tighter mortgage lending enter into force this month

Banks in Thailand are bracing for tighter standards for mortgage lending set to enter into force this month in a previously announced plan by the central bank. The new rule requires people who buy a second home to make a down payment of at least 20% of the value in order to qualify for a […] Read More