Real Estate
Knight Frank sees great potential in Pattaya market
U-Tapao is estimated to bear an annual capacity of 1.2 million passengers this year, up from 700,000 passengers in 2016.

New transport infrastructure projects will push more property buyers toward Pattaya, according to Knight Frank Thailand, per The Nation.
Massive state investments, including the expansion of the U-Tapao International Airport and the redevelopment of the Sattahip Commercial Port into a yacht marina, are widely expected to bolster growth in an area known as Thailand’s eastern economic corridor, encompassing the provinces of Chonburi and Chachoengsao.
Thailand’s eastern economic corridor will promote 10 target industries.
U-Tapao is estimated to bear an annual capacity of 1.2 million passengers this year, up from 700,000 passengers in 2016.
Similarly, the Sattahip port will reduce travel times by as much as two hours and support east-west freight transport across the Gulf of Thailand.
The Sattahip and Na Jomtien areas will particularly benefit from the projects, said Knight Frank Thailand managing director Phanom Kanjanathiemthao.
More: Why Pattaya’s condo market is balancing on a knife edge
“Pattaya itself has set a goal to become a centre of tourism to support the growth and integration of the Asean Economic Community,” said Phanom.
Na Jomtien is already home to Cartoon Network Amazone, the first water park in the world to be branded under the popular kids’ channel.
Pattaya will be closer than ever to Hua Hin with the recent start of passenger ferry services between the two beachside cities.
Source link
Real Estate
How COVID-19 regulations are changing landlord-tenant dynamics
The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords.
(more…)Real Estate
Why 5G is racing ahead in Asia
Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.

Environment
Real estate Sustainable development spurred by COVID-19 pandemic
There is an increasing awareness of the environmental impact of real estate: the World Green Building Council suggests that buildings are responsible for upwards of 40% of the world’s greenhouse gas emissions.

Since the onset of the COVID-19 pandemic, the real estate sector worldwide is stepping up its response to climate change and sustainable development.
(more…)-
Forex6 days ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
National3 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Economics3 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
Banking5 days ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?