Top Thailand Property News Of The Week - 8 February 2021

The top residential and commercial real estate news of the week - 8 February 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.

Rethinking the House
CBRE Thailand
No Partner, No Kids, More Elders. How a House Function Is Going to Change. “A two-storey house with three bedrooms, three bathrooms and two parking” is a standard function of houses in most housing developments that have been serving the majority of home buyers – a family with children – for as long as we can recall.

Hotels urged to take proactive role
Bangkok Post
Hoteliers should be more proactive, work harder, spot new markets and keep monitoring the situation to respond with timely strategies as recovery of the hospitality sector will take longer than expected.

SC Asset buying 30 plots for development
Bangkok Post
SET-listed developer SC Asset Corporation plans to invest 25 billion baht in 2021-22 for the acquisition of at least 30 new plots to develop residential projects worth a combined 35 billion baht.

Fortune targets provincial hotels
Bangkok Post
Fortune Hotel Group, the hospitality arm of CP Land, plans to add five budget hotels in provincial areas this year, in the hope vaccination programmes will help the hotel business recover by mid-year.

Sansiri uses Bar-B-Q Plaza for campaign
Bangkok Post
Sansiri is moving into the more affordable market by launching low-priced condo projects this year, aiming to have 1.5 billion baht in residential sales from a campaign with Bar-B-Q Plaza.

Accelerated digitalization speeds towards sustainability
Bangkok Post
By Ron Beck, Marketing Strategy Director and Dr. Paige Morse, Industry Marketing Director, Aspen Technology The 2020 pandemic slowed industrial activity, reduced urban traffic, and halted most non-essential air travel.

Land prices to spike in H2
Bangkok Post
Land prices in Greater Bangkok are projected to rise at a rapid rate in the second half of 2021, in part because of the forecast of an economic recovery.

Industrial estates set to expand
Bangkok Post
Despite risks from the travel ban, a delay in vaccine distribution and new tensions in US-China trade, the Eastern Economic Corridor (EEC) and e-commerce are expected to continue spurring industrial property growth, in part thanks to stimulus plans and government investment in infrastructure and transport projects.