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Impact of Foreign Business Act on Thailand’s Property Market

Following the Thai government’s proposals to amend the Foreign Business Act which restricts the rights of foreigners to own or operate certain businesses in Thailand, CB Richard Ellis Thailand has been carefully monitoring the Thai residential, resort and office markets to judge the market’s actual response from news of the proposals to amend the law …

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Changes afoot in the broader real estate market

It’s finally happening. The recent repeated warnings of economists and industry watchers predicted the housing boom of the 2000s is winding down. The recent news is full of reports about slowing existing home sales, rising inventories, longer selling cycles and lower asking prices.  So if the housing market finally appears to be cooling down, commercial …

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