go Back 2021 Interview of 429 Experts around the World on Covid-19
When will the property markets recover after Covid-19?
Sector Answer
Agricultural land
Quarter 4/2022
Urban land
Quarter 4/2022
Office
Quarter 2/2022
Shopping
Quarter 2/2022
Industrial properties
Quarter 1/2022
Hotels
Quarter 1/2022
Resort properties
Quarter 1/2022
Rental housing & rental apartments
Quarter 1/2022
Owner-occupied apartment or condominiums
Quarter 1/2022
Detached houses, rowhouses or low-rise residence
Quarter 1/2022
Residential land subdivision
Quarter 2/2022
Retirement living
Quarter 1/2022
Overall Assessment for your country
Quarter 2/2022
What are ‘new normal’ in real estate in your opinion?
There will be a great influx of foreign buyers coming into Thailand within a matter of months after the Covid 19 pandemic ends and borders open up for foreign travel. Although a great number of buyers may start coming in they will arrive with great expectations of extremely low prices and will bea challenge to negotiate a good year or so after that period of new buyers begins.
How should we adjust ourselves in real estate business?
Brokers and developers will need to be much more educated as to the value of their properties and how they can communicate those values to purchasers. Although a lot of buyers will come in, they will not be easy sales. Understanding your properties and communicating their value for money and ROI potential will be absolutely necessary to do business with these foreign buyers.
Which sectors are you in? (multiple choices)