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Bangkok’s expat rental trends changing

The Thaiger

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Bangkok’s expat rental trends changing | The Thaiger
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The number of Japanese expats in Thailand dropped to lower than 20% of the total expats in Thailand for the first time, dropping to 34,133 as of April 2019, a 4% decline year on year, according to CBRE.

CBRE are reporting a change in demand and an impact on the rental apartment sector in Bangkok, despite a healthy performance. Typically, they report, when expats move with their family members to work in Thailand, the companies will cover accommodation for the whole family, the children’s tuition fees and sometimes allowance for the housewives.

This year, CBRE report seeing more expats moving here individually rather than the whole family as companies look to lower their operating expenses.

Now, many apartments are fully occupied for their one-bedroom units and the demand is still increasing,” according to Theerathorn Prapunpong, Director of Advisory and Transaction Services – Residential Leasing, CBRE Thailand.

Another constraint on the rental apartment market is the accommodation allowance from corporates which has not increased in many years. This is putting pressure on landlords as they could not ask for higher monthly rental as that will risk giving away their tenants to landlords of other properties.

But the decrease in the number of Japanese expats is being compensated by the rise in the second biggest feeder market, the Chinese expats.

However, CBRE believes that this increase will not become a new wave of demand for Bangkok rental apartments as Chinese expats prefer to rent condominium units in the Huai Khwang and the Sutthisan areas where the costs are lower and the Chinese community is more prominent.

With increasing competition from condominium units for rent in the market, budget control for expats’ accommodation and the new land and building tax, the biggest hit will be felt by landlords of older apartment buildings who will be forced to up their game to compete in the market.

Rathawat Kuvijitrsuwan, Associate Director at Research and Consulting, CBRE Thailand

SOURCE: CBRE

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Bangkok

Royalists rally at US Embassy, call on Americans to stop “interfering” with Thai politics

Caitlin Ashworth

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Royalists rally at US Embassy, call on Americans to stop “interfering” with Thai politics | The Thaiger
PHOTO: Twitter: @justin_th_th

Royalists gathered this morning at the United States Embassy in Bangkok and called on Americans to stop a so-called “hybrid war,” implying that the US government is interfering with Thailand politics during a time of ongoing pro-democracy protests.

Dressed in yellow, the colour symbolising the Thai Monarch, the protesters held signs calling on an end to an alleged hybrid war. Some waved the Thailand national flag and some held up photos of the Royal family. One sign read “Stop hybrid war. Please return peace to the world.”

A large sign was directed at Ambassador Michael George DeSombre, who also served on the board Hong Kong forum which, according to the US government, “seeks to promote the exchange of ideas between scholars and policymakers worldwide and to foster communication between the US and China.”

The sign read “Mr. DeSombre! Your job in Hong Kong was good, but it doesn’t work for Thailand.”

Former singer and member of the Thai Pakdee royalist group, Hurethai Muangboonsri, led the rally and accused the US government of creating divide in Thailand, without providing any details or evidence.

“Don’t make Thais fight among each other or our nation will collapse. Remember that! Stop the conflict and stop the interference. This is Thailand, not Hong Kong.”

It’s unclear how many people showed up at the rally, but Nation Thailand says 20 police officers from Lumpini Station were deployed to secure the area around the embassy.

Whether or not the US is meddling with Thai politics, a pro-democracy activist told The Thaiger in a previous interview that political protests in America have influenced and motivated some in Thailand to rally and speak up for change.

SOURCES: Nation Thailand| US Government

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Thailand

145 more on Special Tourist Visa arrive in Bangkok

Caitlin Ashworth

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145 more on Special Tourist Visa arrive in Bangkok | The Thaiger
PHOTO: 77 kaoded

145 people on the new Special Tourist Visa arrived in Bangkok yesterday from Guangzhou, China, the second group after Thailand’s 7 month ban on international tourists. 39 people on the new long stay visa arrived last week, a small, yet significant step forward for Thailand as it pries open the borders for tourists, albeit with a lot of paperwork, restrictions AND the 14 day quarantine.

The country went from welcoming millions of tourists each month before the pandemic to zero from late-March until a few weeks ago. In 2019, nearly 40 million tourists visited Thailand.

All the tourists passed the Covid-19 screening upon arrival at the Suvarnabhumi Airport. They are now required to go through a 14 day quarantine at an approved hotel or facility before travelling the country.

The tourists were on the same China Southern Airlines flight as 118 foreigners with Thai work permits who were entering Thailand for business purposes, according to the airport’s deputy director Kittipong Kittikachon. 16 Thais were also on the flight, travelling back home from China.

While some have been concerned that opening the borders to foreign tourists could cause another outbreak (even though the tourists are also required to quarantine), Kittipong says there is “no chance” that the coronavirus will spread from the tourists. He says strict health measures are in place and the tourists are coming from areas that are considered a “very low risk” with no recent local transmissions of the virus.

SOURCE: Pattaya News

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Protests

Both rallies outside German Embassy broke the law – deputy police chief

Caitlin Ashworth

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Both rallies outside German Embassy broke the law – deputy police chief | The Thaiger
PHOTOS: เยาวชนปลดแอก - Free YOUTH

Both of the rallies outside the German Embassy in Bangkok – the royalists and government supporters earlier yesterday afternoon and the pro-democracy protesters in the evening – are illegal, police say.

Deputy Metropolitan Police Chief Piya Tawichai says both rallies held outside the embassy on Sathorn Road did not have the permit required to hold a gathering and demonstrators violated Covid-19 prevention measures under the emergency order. The deputy police chief says police will investigate and remain neutral, enforcing the law equally regardless of political opinion.

Pro-democracy activists, who are calling on government and monarchy reform, had announced they would file what some call a “controversial” and “unprecedented” letter with the German Embassy, calling on the foreign officials to look into whether His Majesty the King conducted Thai political business on German soil where the he habitually resides.

HERE is details of the letter that was delivered.

Around 500 royalists got to the embassy first in the afternoon to show support for the Thai Monarch. Most were dressed in yellow, the colour representing the Thai Monarchy, and many waved the Thai flag and held up photos of the Royal family.

Later that evening, thousands of protesters, estimated to be up to 10,000, called on reform marched to the German Embassy from Sam Yan intersection to submit the letter. The Germany’s Foreign Minister responded by saying that they are continuously “keeping an eye out” and if anything is found to be illegal, there will be “immediate consequences.”

SOURCE: Pattaya News

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