China

US-China Trade War Gives Thailand’s Industrial Property Market a Boost

US-China Trade War Gives Thailand’s Industrial Property Market a Boost

Thailand’s industrial property sector stands to benefit from the trade war between the United States and China. Meanwhile, manufacturers from mainland China relocate their production to Southeast Asia and subsequently avoid increasing tariffs. According to the Bank of Thailand, 2018 Chinese foreign direct investment (FDI) into Thailand’s industrial property sector grew 31.7 per cent (approximately...

How the Internet of Things (IoT) affects the real estate market in Thailand

How the Internet of Things (IoT) affects the real estate market in Thailand

Forever known as the golden asset industry in any geography, real estate is the go-to investment preference, even in Thailand. Thailand has recorded high growth in the real estate domain, especially with a growing spending power in the Asian region. In a changing scenario of competition, unpredictable markets and inter-linkage with the tourism industry, the real estate market is more dynamic than...

The Growth of Chinese Demand in the Thai Real Estate Market

China is playing a growing role in Thailand’s property market

China is playing a growing role in Thailand’s economy and property market, according to CBRE, a leading international property consultant. A total of 10.5 million Chinese tourists visited Thailand last year, accounting for 30% of total arrivals. This number has grown by 1,175% over the last ten years. (adsbygoogle = window.adsbygoogle || ).push({}); Chinese nationals now comprise...

Bangkok become Asia’s top most expensive locations for tourists and expats

Bangkok has, for the first time, made it into the list of Asia’s top 10 most expensive locations for expats. A rise in average rental prices this year caused by an influx of expats from China and an increase in tourism traffic have hit expats and put the city in 10th place on the annual list, with an average US$3,880 (122,757 baht) monthly rental cost for an unfurnished three-bedroom...

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