by Daryl Lum | Nov 3, 2023 | News
In the first half of 2023, there was a remarkable surge in international demand for condominiums, offsetting a slowdown in local buyer activity. Foreign buyers, predominantly led by those from China, accounted for a substantial 24.6% of the total transfer value...
by Daryl Lum | Oct 27, 2023 | News
In the third quarter, housing developers’ sentiment for the next six months saw a decline, primarily driven by growing concerns about employment following the government’s announcement of a minimum daily wage of 400 baht for the next year. Vichai...
by Daryl Lum | Oct 16, 2023 | News
The US dollar saw a decline as the 10-year US Treasury yield dropped to 4.65% yesterday. Nevertheless, Poon Panitpiboon, a currency analyst at Krungthai Bank, has advised caution regarding the Thai Baht, indicating that it could face downward pressure should the...
by Daryl Lum | Oct 11, 2023 | News
Chinese real estate investors who once dominated the market for luxury condos and apartments in Thailand are now scaling back their activity due to China’s economic downturn and the real estate turmoil there. Conventional English-speaking nations such as...
by Daryl Lum | Sep 27, 2023 | News
On Monday, Chinese tourists arriving in Bangkok were personally welcomed by the Thai prime minister as part of a new visa-free initiative aimed at revitalizing the country’s crucial tourism sector. Prime Minister Srettha Thavisin, accompanied by traditional...
