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Top Thailand Property News Of The Week 10 October 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.

October 14, 2022

Hotel with protruding balconies

The top residential and commercial real estate news of the week - 10 October 2022

Chatrium optimistic on outlook for luxury hotels
Bangkok Post
Luxury hotels are upbeat about the prospects of a promising fourth quarter and can count on further growth next year as average occupancy has already exceeded 70%, according to Chatrium Hospitality.

Consumer confidence continues to improve
Bangkok Post
Consumer confidence picked up for a fourth straight month in September, hitting an eight-month high, helped by a reduction in the Covid-19 infection rate and improved business activity following the relaxation of pandemicera restrictions.

Move forward pushes Juti probe over housing project
Bangkok Post
The opposition Move Forward Party (MFP) yesterday petitioned the National AntiCorruption Commission (NACC) asking it to probe Social Development and Human Security Minister Juti Krairiksh's alleged misconduct in connection with a state housing development project.

Hong Kong's property market is tumbling as unsold homes pile up
Yahoo Finance
On a recent Saturday, more than 100 salespeople swarmed the floors of a luxury shopping mall in Hong Kong, haranguing shoppers to check out deals at one of the city’s latest residential projects.

C.P. Group empowers Thai youths
Bangkok Post
One Young World 2022 is the world’s largest and the most influential annually-held conference for young leaders worldwide. This year, the event was held in Manchester, United Kingdom during Sept 5-8, 2022. Please credit and share this article with others using this link:https://www.bangkokpost.com/business/2411128/cp-group-empowers-thai-youth. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved.

Operators turn to new store formats
Bangkok Post
Thailand's modern retail sector following the pandemic has transformed from big box stores with a wide variety of products and prices to nextgeneration stores catering to a modern lifestyle using technology to offer personalised value.

Korea urged to invest in EEC
Bangkok Post
Thailand has urged Korean businessmen to ramp up their investment in the country's Eastern Economic Corridor (EEC) and its smart city initiative.

Dubai’s luxury home market is booming as wealthy buyers flock to city
Bloomberg
Dubai’s prime real-estate prices jumped 89% over the past 12 months, buoyed by a deluge of wealthy buyers setting up second homes in the city, according to property consultant Knight Frank.