{"id":118813,"date":"2020-10-06T06:00:13","date_gmt":"2020-10-05T23:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-pandemic-hits-thailand-residential-property-market-already-ailing-from-slow-economic-growth-protests-and-high-prices\/"},"modified":"2020-10-06T07:07:38","modified_gmt":"2020-10-06T00:07:38","slug":"coronavirus-pandemic-hits-thailand-residential-property-market-already-ailing-from-slow-economic-growth-protests-and-high-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-pandemic-hits-thailand-residential-property-market-already-ailing-from-slow-economic-growth-protests-and-high-prices\/","title":{"rendered":"Coronavirus pandemic hits Thailand residential property market already ailing from slow economic growth, protests and high prices"},"content":{"rendered":"


\nThe Thailand residential property sector, a market favoured by Chinese and Hong Kong buyers, faces a further slowdown because of the coronavirus pandemic, after a slow start to 2020.The sector had already been on a downward trend since the end of last year because of slow economic growth, high household debt and unrealistic pricing, especially in downtown areas, Aliwassa Pathnadabutr, the managing director of CBRE Thailand, said. \u201cEven before the Covid-19 pandemic, developers were launching\u2026
\n
\nSource : South China Morning Post
\nRead more…Coronavirus pandemic hits Thailand residential property market already ailing from slow economic growth, protests and high prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Thailand residential property sector, a market favoured by Chinese and Hong Kong buyers, faces...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118813","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uUl","jetpack-related-posts":[{"id":26386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/careful-optimism-for-thailands-commercial-real-estate-sector\/","url_meta":{"origin":118813,"position":0},"title":"Careful optimism for Thailand\u2019s commercial real estate sector","date":"September 17, 2016","format":false,"excerpt":"\r Experts believe that the Thai property sector will be on the upswing in the near future Thailand\u2019s commercial real estate sector is expected to witness an upward trend in the coming year as the market becomes stronger due to growing demand from consumers, according to local and foreign experts.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-bank-indonesia-cut-interest-rates-for-the-real-estate-sector-again\/","url_meta":{"origin":118813,"position":1},"title":"Why Bank Indonesia cut interest rates for the real estate sector again","date":"February 23, 2016","format":false,"excerpt":"\r Bank rate cuts aim to boost property growth this year Residential area in Indonesia (Photo by Rony Zakaria\/Bloomberg News) Indonesia\u2019s residential market ended 2015 on a dull note, according to a new survey conducted by the country\u2019s central bank, Bank Indonesia, triggering the reduction of benchmark rates for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119479,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thailand-tweaks-visa-for-cash-plan-popular-among-chinese-to-aid-developers-amid-supply-glut\/","url_meta":{"origin":118813,"position":2},"title":"Thailand tweaks visa-for-cash plan, popular among Chinese, to aid developers amid supply glut","date":"December 8, 2020","format":false,"excerpt":"\r Thailand will launch a new visa-for-cash plan targeting wealthy foreigners to help rescue the nation\u2019s developers as the coronavirus pandemic worsened a supply glut amid the nation\u2019s worst recession on record.The government will offer five-year residency from January 1 to investors who purchase a completed property worth at least\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cbre-thailand-bullish-on-the-kingdoms-office-market\/","url_meta":{"origin":118813,"position":3},"title":"CBRE Thailand bullish on the kingdom\u2019s office market","date":"June 18, 2018","format":false,"excerpt":"\r Thailand\u2019s property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, according to property consultancy CBRE Thailand. \u201cEach cycle took 10 years, but the second one in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/remote-risk-of-property-bubble-in-thailand\/","url_meta":{"origin":118813,"position":4},"title":"Remote risk of property bubble in Thailand","date":"January 26, 2017","format":false,"excerpt":"\r Homes still within buyers\u2019 means View from the Golden Mount in Bangkok, Thailand. nimmersatt\/Shutterstock Despite some experts saying otherwise, local media reports there are no concerns about bubbles when it comes to Thailand\u2019s property market. 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