What is the prospect of real estate investment in Bangkok, Thailand?

First of all, it is global knowledge that good things are not cheap. Different groups of people will have different choices regarding their housing needs and circumstances. Then, extending Bangkok’s current housing price level to a long-term timeline, Bangkok’s current housing prices are still in a period of steady growth. First, due to Bangkok’s developed tourism industry and strong economic data as an emerging developing country market. Secondly, the recent confirmation of Prayuth Chan-ocha's election as the Prime Minister of Thailand means that Thailand's political stability has been sustained. Thailand will usher in the Economic 4.0 era, and strong and steady economic growth will continue to drive the high prosperity of the real estate market.

Judging from statistics over the past 10 years, apartments in central areas such as Bangkok and Pattaya have increased by an average of about 12% per year. Including rental returns, the average annual investment return for Thai apartments is more than 18%. Compared with other Southeast Asian countries, Thailand's economy has shown good signs of growth, and economists believe that the fundamentals of Thailand's economic recovery prospects are still promising. Thailand is an ASEAN axis country and a key country along the Belt and Road. Coupled with the establishment of the China-Thailand high-speed railway, these have created a good situation for the development of Thailand's economy. Similarly, the development of Thailand's real estate market will be more stable. At present, the first choices of Chinese investors are mainly Phuket, Bangkok, and Pattaya. The reason why they are interested in real estate in these cities is mostly an investment in a lifestyle. Real estate in Thailand can not only increase in value, but also bring generous rental returns to owners, making it a very promising investment choice.