buyers

  • Property

    Thailand’s property market waits for an end to Covid-19

    The Coronavirus outbreak poses challenges for Thailand’s property market as potential Chinese condominium buyers remain stranded in China. Meanwhile, some believe that the outbreak may bring opportunities for non-Chinese buyers and in the long-run, the Chinese may be looking for an overseas refuge in the event of these types of emergencies popping up again Through all this, there will be…

  • Thailand

    Thailand News Today – Thursday, May 14

    Tenants bailing out of pricey Bangkok offices amid pandemic Bangkok’s high-end office district is looking more like a ghost town as the coronavirus pandemic seems to have many companies bailing out of their pricey office spaces. Business owners have had a wake-up call from employees discovering the advantages of working from home. A spokesperson from Phoenix Property Development and Consultancy…

  • Property

    Bangkok has a surplus of 100,000 new condos as Chinese buyers stay home

    Bangkok’s condominium market is facing its biggest challenge in decades with one of its key feeder markets sitting it out at home. The capital’s soaring condo market, once a favourite for Chinese investors, looks towards a bleak year with Chinese investors having other things to worry about, or simply unable to travel to Thailand, due to coronavirus fears. Bloomberg economists predict…

  • Property

    Stricter controls and paperwork putting brakes on residential property market

    The honorary president of the Thai Housing Business Association, Atip Bijanonda, is tipping the local residential market may fall by up to 10% this year starved of economic confidence, the global economic slowdown and the loan-to-value limits. But he also believes the situation is far from the situation leading up to the 1997 economic collapse. The Greater Bangkok residential market…

  • Thailand

    Chewathai launches seven new property projects in Bangkok despite slowdown

    Listed property firm Chewathai says they are revising down their revenue target for this year from 2.8 billion to 1.6 billion baht after demand for residential projects has shown a slowing down in the first half of 2019. The company’s managing director Boon Choon Kiet made the announcement yesterday. Boon says Chewathai’s total revenue of 618.65 million baht in the…

  • Property

    Lower demand but Thailand is still China’s favourite international property market

    The Yuan has dropped in value against the Thai baht and China remains in the midst of a long-running trade spat with the US. But, still, the Chinese investors are still buying up Thailand property although not at the same rate as they did last year. But juwai.com, specialising in Chinese real estate, predicts further growth of Chinese buyers Thai…

  • Bangkok

    Bangkok Motor Show opens as Thai car sales move online

    PHOTO: New Nissan all-electric LEAF, on display at the Bangkok Motor Show by Kingsley Wijayasinha “Despite the increase in sales online, including new automobiles, we’re not worried that fewer people will show up at the event to purchase vehicles.” More than 1.6 million visitors are expected at this year’s Bangkok International Motor Show, which kicks off today at IMPACT Muangthong…