The ongoing tourism slowdown has led several hotels to reduce the price tag on their property by more than usual, says Destination Capital, part of Destination Group. The difference between the coronavirus crisis and the 1997 financial crisis is revenue dried up during the outbreak without visitors and had to close temporarily, but still had to bear operation costs, said James Kaplan, chief executive...
Real estate investing is one of the best possible ways to drive personal wealth. If you want to become a millionaire, or even a billionaire, I believe the smartest way to achieve this is through a laser focus on this asset class. Unlike the extremely cyclical nature of the stock market, low-interest-bearing savings accounts and other avenues, real estate is able to provide a uniquely safe investment...
An increasing number of countries have begun the process of implementing functional and legal frameworks to regulate blockchain-recorded tokens over the past several months, which has led to increasing exploration of these technologies across many investment sectors. Further, the use of distributed ledger technology (DLT) is a powerful disruptor at the transactional level, where significant...
Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time. You may even use it as a part of your overall strategy to begin building wealth. However, you need to make sure you are ready to start investing in real estate. For one, you will need to put down a significant amount of money upfront to begin...
An investment property, according to Investopedia, is any real estate property bought for the purpose of getting a return on investment (ROI) by selling the property or renting it out. People often purchase investment properties to earn more income or reduce their property tax. If you took an investment loan to buy an investment property in Thailand, the accompanying interest will usually be...
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...
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...
Japanese hotels are investing more in Thailand to meet rising demand for high-end accommodation, vying for market share with such global players as Marriott of the United States and Accor of France. Okura Nikko Hotel Management Co plans to set up a third hotel in 2021 after opening its 22-story, 301-room Hotel Nikko Bangkok in January with a luxury Japanese restaurant, an outdoor swimming pool and...
CP Land Co Ltd, a property arm of Charoen Pokphand Group, plans to invest up to Bt4 billion this year, chiefly in the development of residential projects, office buildings, hotels, industrial estates and alternative energy. (adsbygoogle = window.adsbygoogle || ).push({}); Chief executive officer Sunthorn Arunanondchai said on Friday the company expected the investments to earn a net...
As you are thinking of buying a property or making a rental investment in Thailand, we’re certain that you’re asking yourself the following questions: Is it risky? Do I have to buy? Why Thailand? The article below gives you an overview of the economy, the infrastructure, and the real estate market in Thailand. (adsbygoogle = window.adsbygoogle || ).push({}); Buy, yes, but for...