An important engine of growth for Thailand, the construction sector is acting as a hedge as many other sectors face challenges in the form of global economic weakness and tepid consumer demand. Together with tourism and, to an extent, finance, construction is keeping the slowdown from becoming too severe. This is a significant change from...
How do you assess the current disparity between the high-, medium- and low-end residential markets in terms of demand and pricing?
The upper end of the residential market in Thailand has not only proved resilient, but it is showing remarkable strength in terms of sales volumes and prices. Demand is strong from local and international buyers, and from both potential residents and passive investors, and inventory is quickly being absorbed. Activity at the high end is...
The Thai real estate market is decidedly split. In general, buyers are increasingly constrained and finding it difficult to fund or finance purchases. The average Thai is being held back due to persistent slow economic growth and high levels of consumer debt. However, in the centre of Bangkok and at the high end, the story is very different....
While real estate transaction figures continue to reflect a more cautious macroeconomic environment, potential reforms could pave the way for Oman’s property market to regain some of its dynamism going forward.
How are public-private partnership (PPP) frameworks being developed to encourage private sector participation in housing construction projects?
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