Post by account_disabled on Dec 26, 2023 1:22:11 GMT -5
CBRE, a leading global real estate advisory company Revealing the Thai housing market during COVID-19 that condominium developers are focused on clearing out existing units Meanwhile, the single-detached house market continues to receive interest from customers who buy to live in on their own. Working from home (Work From Home) expanding various transportation routes Including the importance of health care will be an important factor in creating a new normal in the housing market.
Ms. Aliwassa Pattanathabut, Managing B2B Email List Director of CBRE Thailand, said that the condominium market has been affected by the baht value and housing loan control measures since 2019. Later, in the beginning of 2020, it began Saw good signs of recovery and the market began to understand more about land and building taxes. But when the COVID-19 outbreak occurred This makes the market relatively quiet, especially during March and April. which if there is no outbreak of COVID-19 The condominium market is in the process of adjusting to balance.
During this period, the supply side slowed down. This gives the advantage that there is almost no new supply competing with the existing supply. Project developers are also focusing on selling units that are still under construction or completed. As for the single-detached house market, it was less affected than the condominium market. After the government relaxed measures in the second phase, buyers began to show more interest in visiting the project.
Ms. Aliwassa Pattanathabut, Managing B2B Email List Director of CBRE Thailand, said that the condominium market has been affected by the baht value and housing loan control measures since 2019. Later, in the beginning of 2020, it began Saw good signs of recovery and the market began to understand more about land and building taxes. But when the COVID-19 outbreak occurred This makes the market relatively quiet, especially during March and April. which if there is no outbreak of COVID-19 The condominium market is in the process of adjusting to balance.
During this period, the supply side slowed down. This gives the advantage that there is almost no new supply competing with the existing supply. Project developers are also focusing on selling units that are still under construction or completed. As for the single-detached house market, it was less affected than the condominium market. After the government relaxed measures in the second phase, buyers began to show more interest in visiting the project.