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Top Thailand Property News Of The Week 1 August 2022

CBRE’s weekly property news snapshot features the latest residential and commercial real estate stories in Thailand and elsewhere that you cannot afford to miss.

August 5, 2022


The top residential and commercial real estate news of the week - 1 August 2022

Most hotels still struggling despite full reopening
Bangkok Post
Despite fully reopening in July, the employment rate in the hotel sector stands at just 71% of the pre-pandemic level with 68% of hotels hit by a labour shortage, according to the Thai Hotels Association (THA).

Land prices in Bangkok keep slowing
Bangkok Post
Prices of vacant land in Greater Bangkok are growing at a slower pace due to the sluggish economy and the full collection of the land and building tax, which started this year.

AnyMind eyes Thai deals in expansion drive
Bangkok Post
AnyMind Group, a Japan-based e-commerce enablement firm, is looking to pursue M&A deals in Thailand to expand into more services and capture a new customer base in the country following its latest Series D fundraising of US$29.4 million.

Tourism ministry still aims for 10m arrivals
Bangkok Post
Thai tourism earned 157 billion baht in the first seven months from 3.15 million international travellers, while the Tourism and Sports Ministry is maintaining the target of 10 million tourists despite Prime Minister Prayut Chan-o-cha's suggestion that the tally would be lower.

Developing Thailand's next super app
Bangkok Post
The rise of super apps in Southeast Asia has raised the bar in providing an all-encompassing, seamless user experience. Super apps are essentially digital platforms that provide multiple services, such as delivery, travel, payments and social media.

Na Jomtien to reopen fully in 2025
Bangkok Post
Chon Buri: The 3.5-kilometre-long Na Jomtien beach in Pattaya City is expected to fully reopen to tourists in 2025 when the iconic beach is fully fortified by sand fences in a coastal erosion prevention project initiated in 2020.

Amata upbeat on land sales in the second half
Bangkok Post
SET-listed Amata Corporation Plc, an industrial estate developer and operator, expects investments in Thailand to recover in the second half of this year, driving up land sales on its industrial estates towards a 1,000-rai target.

CRC urges support for stimulus measures
Bangkok Post
The public and private sectors are being urged to support domestic consumption stimulus plans to boost economic growth, cash flow, and funding support for small and medium-sized enterprises (SMEs) in the retail and service industries.

Mixed feelings on recovery outlook
Bangkok Post
Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country's reopening in June, fuelling hopes that Thailand is now getting back on its feet.

Bringing change to Bangkok urban development
CBRE Thailand
Since being elected as the Bangkok governor, Mr. Chadchart Sittipunt has been actively working on his 216 policies (a number that may increase over time) with the aim of transforming Bangkok into a more livable city for everyone.