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CBRE DAVID SIMISTER 30% Property Decline On Red Shirts

Category: Real estate, Posted:18 May 2010 | 06:00 am

Bangkok's property market is being hit hard by the continued red shirt problems according to a discussion we had with CBRE Thailand's Chairman David Simister. Currently in the nation's capital transaction levels are down 30% and could fall further should the events be prolonged.
As for now looking for green shoots, demand in resort markets including Koh Samui and Phuket continued to be subdued. Foreign purchasers which drive a good amount of volume in the sector as remaining acutely aware of the current risk elements and have chosen to maintain the status quo.

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Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
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Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]