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Top Thailand Property News Of The Week 4 December 2023

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.

December 10, 2023

PropertyNews-972x1296-en-26102022

The top residential and commercial real estate news of the week - 4 December 2023

10 things we expect to see next year
Bangkok Post
With 2024 just around the corner, we are taking the opportunity today to list 10 things that could impact the Stock Exchange of Thailand next year. We will detail our reasons and share our views of the market implications.

Google, officials team up on cloud
Bangkok Post
Thailand is partnering with Google to facilitate governmental agencies using public cloud providers as part of the country's cloudfirst policy.

Noise pollution destroying condo life
Bangkok Post
With the city's skyline constantly evolving, Bangkok's condominium market continues to surge, offering breathtaking views, contemporary designs, and unparalleled amenities. But there's an often overlooked aspect every buyer should prioritise before making an investment: noise insulation.

China's investments to Vietnam boom as Xi visits Hanoi, US spending down
Reuters
Chinese investments in Vietnam have boomed this year in contrast to a slowdown in U.S. spending and trade, official data show, as the world's two largest economies vie for influence in the strategic Southeast Asian country.

Looking for a place to hang your hat
Bangkok Post
Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.

Homebuyer confidence down from 2022
Bangkok Post
The homebuyer confidence index in 2023 fell from last year as faith in respondents' financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.

Japan inspires AIS, Central with zero waste
Bangkok Post
Kamikatsu, a small town located in the Tokushima prefecture of Japan with a population of only 1,401 people, is becoming a prototype for operational concept and management of zerowaste efficiency for big corporates in Thailand.

TikTok nears deal with Indonesia’s GoTo to restart ecommerce business
Financial Times
TikTok is nearing a deal to invest in an Indonesian technology company in a push to resuscitate its ecommerce business in its biggest market after the Chinese-owned group was forced out this year.

Strategy for data centres proposed
Bangkok Post
As new international and domestic players are expected to expand data centres in Thailand, the country should prepare policies to cater to rising supply and demand.