Top Thailand Property News Of The Week 31 October 2022

The top residential and commercial real estate news of the week - 31 October 2022

Govt defends foreign land ownership proposal
Bangkok Post
Interior Minister Anupong Paojinda yesterday defended the ministry's foreign land ownership proposal, saying the move would attract investments and stimulate the economy.

Lazada committed to 'mega' campaigns
Bangkok Post
E-commerce platform Lazada is committed to investing in its "mega shopping campaigns" to stimulate purchases amid economic headwinds, while pursuing offline entertainment activities to engage with high-spending groups, particularly Gen Z.

Nationalism is not the answer to land woes
Bangkok Post
Resistance to the controversial foreign land ownership bill is giving rise to the term khai chat - used to denounce traitors who sell the motherland - being used in political discourse. Whether a person is a government critic or supporter, he or she believes their ancestors fought very hard to protect our land and it should not be given away to foreigners.

Rethinking the office
Bangkok Post
Design and management of future workplaces will be driven by the real reasons people need to be together in person. By Federico Marafante What is the future of workplace and retail real estate? Let's start by thinking about the occupiers - for example, the companies that own or lease space for their employees.

Central bank will not extend LTV relaxation
Bangkok Post
The Bank of Thailand will not extend the easing of loan-to-value (LTV) measures for mortgage loans as the economy is showing clearer signs of recovery.

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).

Li Ka-shing's Skyscraper Is 21% Empty as HK Vacancies Hit Record
Bloomberg
Hong Kong's most prestigious skyscrapers have more empty office space than ever before, underscoring the challenge facing John Lee's government as he tries to revive the city's standing as an international business hub.

AWC posts solid bookings in last quarter
Bangkok Post
SET-listed Asset World Corp (AWC) reported its hotel bookings in Bangkok during the final quarter surpassed the same period in 2019, while its room rate is higher than before the pandemic.