Top Thailand Property News Of The Week - 5 October 2020
The top residential and commercial real estate news of the week - 5 October 2020
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.
Turbocharging Thailand's post-Covid recovery
In Thailand, the public health threat has been well contained, with impressively low rates of infection and community transmission.
September consumers less confident
Consumer sentiment fell for the first time in five months in September, as people remained concerned about political instability, the slow economic recovery and higher unemployment as a result of the pandemic.
Line advises on growth sectors
Healthcare, food safety, remote work, renewable energy and mobile commerce are among growing sectors Thailand can capitalise on as new opportunities in the wake of the pandemic, says Line Thailand.
Appliance market set for tax-break boost
The government's latest 30,000-baht tax break, offered to taxpayers buying goods and services, is expected to boost Thailand's electrical appliance market to more than 200 billion baht in value.
Thai hotels in Maldives report on reopening
While Thailand is speeding up a reopening plan this month, Thai hotel companies that own properties in the Maldives are shedding light on the first-hand experience of the Indian Ocean country's challenges since reopening on July 15.
CBRE Sees Increased Demand for Phuket Land from Thai Investors
In the past nine months of 2020, Phuket has weathered both the economic storm and the business impact from the loss of foreign tourists caused by the virus outbreak.
Industry 4.0 gives manufacturing a lift
For Industry Minister Suriya Jungrungraeangkit, the worst of the pandemic gloom seems to be over for the Thai manufacturing sector.
Pet-Parenting Drives Changes in Property Market
As Thais tend to get married later in life and slower economic growth puts even more pressure on the finances of parents when tuition fees for high-quality schools could easily cost more than half a million baht a year.
WHA wants laxer buyer quarantine
SET-listed WHA Corporation, Thailand's biggest developer of built-to-suit logistics facilities, wants the government to relax its mandatory 14-day quarantine for foreign business people after at least 30 overseas companies interested in investment in the country were deterred by the policy.