Article | Creating Resilience

Top Thailand Property News Of The Week 30 May 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.

June 3, 2022


The top residential and commercial real estate news of the week - 30 May 2022

CLMV investors targeted to boost real estate market

Bangkok Post
Thailand Privilege Card Co (TPC), the operator of Thailand Elite Card, is targeting investors from CLMV (Cambodia, Laos, Myanmar and Vietnam), particularly Chinese businessmen who have been naturalised, to invest more in real estate.

Food for thought for brands
Bangkok Post
More than 50% of consumers worry that life will not be the same as it was before the pandemic, according to a new Mintel Global Consumer Trends survey. As a result, the way people consume food and drinks is changing dramatically, with implications for the food, drink and food service industries.

April arrivals bring more signs of continued revival
Bangkok Post
The Thai economy in April showed signs of improvement in all areas, particularly the tourism sector, supported by the relaxation of travel restrictions.

Saudi Arabia is planning the largest buildings ever constructed
Saudi Arabia is planning the world’s largest buildings in a mostly unpopulated part of the country as part of an entirely new $500 billion development called Neom, according to people familiar with the matter.

Singha Estate upbeat on raising hotel income
Bangkok Post
SET-listed property firm Singha Estate Plc is expecting double growth in hotel income this year and a significant increase in residential revenue from the return of foreign arrivals in the second half after the country's reopening.

Ministry to mull delay of land and building tax collection

Bangkok Post
The Finance Ministry is considering the private sector's proposal to delay and reduce collection of the land and building tax because businesses are struggling with the double whammy of the impact of the pandemic and the Russia-Ukraine war, says minister Arkhom Termpittayapaisith.

Thai Companies Warm Up to Hybrid Working and Explore The Right Office Space

CBRE Thailand
In addition to resuming their search for the right office space, Thai employers are warming up to concept of hybrid working in line with the majority of Asia Pacific companies, which intend to retain the hybrid working arrangements even as employees return to the office on the back of easing COVID-19 restrictions, according to CBRE’s latest survey.

Close land tax loophole
Bangkok Post
An attempt by a major property developer to promote a "green" campaign has backfired, after the project was accused of being a means to avoid paying land taxes.

Hotel segment eases back to normal
Bangkok Post
Hotels are gradually recovering from pandemic lows, allowing SET-listed companies to post strong performances in the first quarter despite the persistence of the Covid-19 Omicron variant.

The views and opinions in these articles belong to the author and do not necessarily represent the views and opinions of CBRE. Our employees are obliged not to make any defamatory clauses, infringe or authorize infringement of any legal rights. Therefore, the company will not be responsible for or be liable for any damages or other liabilities arising from such statements included in the articles.