According to analysts, in the Kingdom there will be more mixed-use projects (for example, living quarters plus office and retail in one complex). Moreover, Thai and foreign companies will increasingly join forces to implement these projects.
Related article: Turkey will speed up the procedure for registration of real estateEspecially it concerns the cooperation with Chinese and Japanese firms, as developers in these countries face restrictive measures on the part of governments. In Thailand, there are no such difficulties, and the cost of real estate is lower. Thus, Thailand becomes a portal for foreign companies, through which it is possible to expand business and cut costs.
The main product will remain condominiums, but now they will be built more often on alleys due to lack of land on the main highways.
One of the main features of the sphere in 2018 is the reorientation of developers for the construction of real estate for pensioners. "Studies were conducted of the needs of older citizens to build housing that supports retirees in their way of life," says Kamolpat Swankit, manager of DDproperty.
You can expect an increase in demand for real estate in Thailand from foreigners, which traditionally comes in the wake of increased tourist activity.
Earlier it was reported that housing prices in Italy had stabilized.