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 1/2021
Urban land
Quarter 1/2021
Office
Quarter 2/2023
Shopping
Quarter 1/2022
Industrial properties
Quarter 1/2021
Hotels
Quarter 4/2023
Resort properties
Quarter 1/2021
Rental housing & rental apartments
Quarter 1/2021
Owner-occupied apartment or condominiums
Quarter 1/2021
Detached houses, rowhouses or low-rise residence
Quarter 1/2021
Residential land subdivision
Quarter 1/2021
Retirement living
Quarter 1/2022
Overall Assessment for your country
Quarter 1/2021
What are ‘new normal’ in real estate in your opinion?
Scarcity of properties mostly none below $109,000 to $800,000. High end luxury fluid but bidding wars depending properties, building and listing.
How should we adjust ourselves in real estate business?
Inflation worries based on each country adjustment and regulatory policies. Rentals moratorium and income losses for some foreign investors as well as ill cash flow owners, loss of jobs. Some probable opportunities with short sales -limited foreclosures as properties gained so far value - to be expected. Will depend how each country will or not manage foreign FDI (USA free but control on FinCen) versus Thaïland (preference to locals versus non Thai residents or non residents) global impact+clim
Which sectors are you in? (multiple choices)