Top Thailand Property News Of The Week - 20 Dec 2021

The top residential and commercial real estate news of the week - 20 December 2021

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 - be it regarding residential, industrial, retail, office, hotel, land, or investment property.

Pleas issued for sandbox inclusion  
Bangkok Post
Tourism operators in popular destinations are urging the government to include their areas in the sandbox programme as only Phuket is allowed that privilege now.

Executives back green aspiration
Bangkok Post
Most executives in the Federation of Thai Industries (FTI) support the state's goal to achieve a net-zero target despite any impact on their businesses, acknowledging the need to shift to environmentally friendly manufacturing.

EEC expects investment average of B500bn a year 
Bangkok Post
The government's flagship Eastern Economic Corridor (EEC) is expected to be instrumental to Thailand's investment and economic growth, with investments in the area projected to increase the country's economic growth by 1.5 percentage points a year between 2022 and 2026.

Hotels cringe as 'Test & Go' withers  
Bangkok Post
Thai tourism is expected to hit a dead end after the Centre for Covid-19 Situation Administration decided to temporarily suspend the "Test & Go" scheme and freeze Thailand Pass approval for this scheme from today.

aCommerce applies for stock exchange listing
Bangkok Post
E-commerce shopping enabler aCommerce has applied for an initial public offering on the Stock Exchange of Thailand.

“SIAMSCAPE” a new mixed-use development at the Center of Siam Square by PMCU appoints CBRE as sole agent  
CBRE Thailand
Property Management of Chulalongkorn University (PMCU) has recently appointed CBRE Thailand as sole agent for their new grade A office complex that addresses the need for a vibrant workplace to inspire talented people.

'Conscious travel' catches on
Bangkok Post
Thai travellers are embracing the travel revolution with a laser focus on how they can ensure their trips are more positive and empowering experiences for the communities they visit, according to new research commissioned by Airbnb.

Bangkok housing prices dip to new low   
Bangkok Post
Offering prices for residential units in Greater Bangkok during the third quarter of 2021 fell to the lowest level since the fourth quarter of 2016 because of the ailing economy, according to property website DDproperty.com.

CBRE enhances hotel asset management expertise in Thailand and Asia  
CBRE Thailand
As the country reopens its borders to international tourists and visitors, CBRE, a leading international property consultant, is enhancing its expertise through Hotel Asset Management as hotel owners seek advice on the upcoming year budget and possible renovations to their assets.

High-speed rail blues
Bangkok Post
Concern has grown over the influx of fresh produce from China into the Thai market after the China-Laos bullet train railway commenced operations early this month.

All aboard the Laos-China railway
Bangkok Post
The government should revise its logistics master plan to make the most of the Laos-China railway that started operation on Dec 3, says an expert in Asean studies at Chulalongkorn University.

50% rise in problematic cyber issues  
Bangkok Post
The Ministry of Digital Economy and Society (DES) received almost 50,000 complaints and inquiries, mostly about problems related to online purchases, in the first 11 months of this year.

Lessons learned from pilot schemes
Bangkok Post
After high season last year became a missed opportunity because of border closures, tourism businesses began to push the Phuket sandbox and Samui Plus pilot programmes in July this year, starting a long path to recovery.