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2021 Interview of 429 Experts around the World on Covid-19
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Paisan and Deborah BundCountry: Thailand
City: Pattaya
Position: Resort hotel owners
Organization: Rabbit Resort Pattaya
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
In our opinion there will be 2 perspectives: The old normal, there will be a big boom pend up demand in real estate just like any previous up cycles. Massive amount of international funds will be available for investment in Thailand. The developers will be more careful and cautious about market demand and supply with market study to be updated at all time. Prepare for just in case something were to happen as the new normal.
How should we adjust ourselves in real estate business?
Specialization is the key to a successful real estate developer. Know your market know your consumer.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
