Thailand’s property market was able to rebound from past crises and there is every reason to believe it will be able to absorb the blow of recent political tensions.
09/10/2010 : SET-listed Dusit Thani Plc (DTC) will set up a property fund with a total size of 4 billion baht with three Dusit hotels as the underlying assets, according to chief executive Chanin
06/10/2010 : The owner of Chatrium Suites Bangkok is interested in setting up a hotel management company after the hotel has firmly established itself.
05/10/2010 : Bangkok’s Phaya Thai district remains the most popular area for condominium development thanks to its convenient location and access to the BTS and Airport Rail Link, says Plus Property Co.
02/10/2010 : Average land prices in Greater Bangkok have risen by 4.4% from last year, according to the latest survey by the Agency for Real Estate Affairs (AREA).
30/09/2010 : The listed developer Sansiri Plc has revised up its 2010 sales target to 25 billion baht and increased the land acquisition budget by 40% to 10 billion baht as it plans to tap the lower-priced housing segment.
29/09/2010 : Phuket’s residential property market should continue to improve in line with the global economic recovery given no new political turmoil, according to new research from Knight Frank Thailand.
Bangkok falls 19 places to 49th most expensive location worldwide
Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.
Is There a Silver lining amid COVID-19?
Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.
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