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Top Thailand Property News Of The Week 2 January 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.

January 6, 2023


The top residential and commercial real estate news of the week - 2 January 2023

IEAT unveils drive to woo investors
Bangkok Post
The Industrial Estate Authority of Thailand (IEAT) is utilising marketing tactics at four of its industrial estates to attract more Thai and foreign investors.

SAK, TC Renewable team up to offer solar rooftops, loans
Bangkok Post
SET-listed Saksiam Leasing (SAK), an auto and personal loan provider, wants to expand by providing loans for residential solar rooftops, aiming to grow the portfolio of the new business to 1 billion baht this year.

Tourism sector preps for Chinese
Bangkok Post
Tourism operators are prepared for a wave of Chinese tourists in terms of hotel room capacity, public health hygiene and flight capacity, though demand remains unclear.

User experience and the buildings of tomorrow
Bangkok Post
Flexible businesses and workers need more flexible buildings to deliver the best results. What we require from our buildings has changed drastically. We want spaces that are not only smart to look at but also smart in creating exceptional experiences for the people that use them.

Call for more tourists in the provinces
Bangkok Post
The Federation of Thai SMEs is asking the government to draw more foreign tourists to second-tier provinces in a move to help drive local economies and support small and medium-sized enterprises (SMEs).

Condo transfers dominated by Chinese nationals in 2022
Bangkok Post
Despite travel restrictions on the mainland, Chinese nationals still dominated condo transfers in Thailand last year, with the number of Myanmar nationals receiving condo transfers increasing to reach the top 10 for the first time due to economic and political reasons.

Decline in second-hand units for sale in Q3
Bangkok Post
The number of second-hand residential units for sale nationwide dropped in the third quarter last year as the expiration of two property measures -- a cut in transfer and mortgage fees and the easing of loan-to-value (LTV) limits -- occurred at the end of 2022.

Canada introduces ban on foreigners buying property
Canada has banned foreigners from buying residential property, in an attempt to make more homes available to locals facing a housing crunch.

New perks will double transfers
Bangkok Post
The government's measure to allow foreigners to buy a landed house will cause the value of residential transfers to foreign buyers to double to 100 billion baht per year, according to the Real Estate Information Center (REIC).