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BANGKOK Q4 2020

BANGKOK Q4 2020

Property markets muted amid viral outbreak, but government stimulus anticipated tolift sentiments in H2 2021 • The National Economic and Social Development Figure 1: GDP growth Council (NESDC) reported that the Thai economy in Q3 declined by 6.4 per cent, improving from a 12.1 per cent contraction in Q2 (Figure 1). The improvement was due […]

Bangkok Q3 2020

Bangkok Q3 2020

Judicious management of pandemic and domestic politics vital to property recovery The Economy • Based on the data revealed by the National Economic Figure 1: GDP growth and Social Development Council (NESDC), the Thai economy in Q2 declined by 12.2 per cent compared with a 2.0 per cent contraction in the previous quarter (Figure 1). […]

Bangkok Q2 2020

Bangkok Q2 2020

Optimism for Bangkok property market to progressively turn positive • According to the data by the National Economic and Social Development Council (NESDC), Thailand’s GDP contracted by 1.8 per cent in Q1 2020, compared with an expansion of 1.5 per cent in Q4 2019. This was attributed to the decrease in total exports of goods […]

BANGKOK Q1 2020

BANGKOK Q1 2020

Bangkok Hotel Market Amidst the COVID-19 Crisis • As a popular travel destination in Asia, Thailand’s tourism growth over the last few years have been driven by Chinese visitors and the broader Asian market, including Vietnam, India, Japan, Korea, and Russia. • Aside from being a key leisure destination in Asia, Thailand is also one […]

Thailand Q1 2020

Thailand Q1 2020

A subdued outlook following Emergency Decree and tighter controls though investment sales remain resilient View more >>>>