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Japan Top Visited Country for Thais in 2022 and 2023

Japan

According to a recent Visa research, Thailand’s top five travel destinations are Japan, South Korea, New Zealand, Singapore, and the United Kingdom. The Nordic nations are near the bottom of the list.

The survey of 2,000 Thai citizens also found that travel costs (65%), weather (49%) and a desire to see new locations (48%) are the three most important considerations when picking an international vacation destination.

Thai visitors have increased their demand due to the recent pandemic, according to Pipawin Sodprasert, Manager of Visa in Thailand. We want to learn more about the conduct because it has been so long since we have been able to tour the world and because many nations have reopened their borders. Considering the shifting exploration needs of Thai tourists.

This study also discovered that travelers from Thailand are willing to waive travel restrictions caused by overseas COVID-19 control measures. Only a third (35%) are worried about the place’s policy of opening up. Only one in five participants (23%) expressed anxiety about the COVID-19 outbreak as they were making travel plans.

Spending time with family and friends (42%), seeing new locations (61%), and visiting a favorite location (36%) are the top three motivations for traveling abroad.

In terms of preparation The majority of Thai tourists opt to completely plan their own vacations (41%), while the rest either select package tours (11%), private tours with flexible itineraries (21%) or both.

Why Japan is Top 1 For Thai’s Travelers

Japan is one of the top visited country for Thais because for three main reasons. The first reasons is the middle-haul flight from Bangkok to Japan. The flights prices are reasonable with many options to choose from such as: budget airlines, national airlines, or even can take a layover at countries where Thais do not need visa and travel some more. Secondly, because of the current exchange rate is very affordable for Thais. The big drop yen is attracting lots of Thais to travel to Japan. Lastly, Japanese culture, food, and tradition is very culturing for Thais. They love the food, the quiet culture, and of course the …

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Hong Kong Property
Guides Real Estate

Hong Kong Luxury Property Sales Slump Heading Towards 2023

Hong Kong, one of the least affordable housing markets in the world, is experiencing a rare downturn, and the impact on the city’s luxurious property market is obvious.

A 1,875 square foot (174 square meter) apartment for sale in the Repulse Bay neighborhood on the southern tip of the island, where some of the most expensive properties in the world are situated, is currently advertised for HK$95,000 ($12,160) per month, 17% less than the rate it was leased for the previous year. A real estate brokerage that is closer to the central business district advertises on its window that it is “confronting the reality” by listing an apartment for HK$30 million after a HK$2 million discount.

Residential, office, retail, and primary and secondary markets are all affected by the slowdown in Hong Kong’s real estate market. Although there are many high net worth individuals who live in the financial center, the top end of the market has not been spared. According to real estate organizations, there are fewer transactions on the market, prices for sales and rentals are dropping, and there are fewer people viewing homes.

According to a price index from Knight Frank, the migration of expats, closed borders with the mainland, interest rate increases, and an unsteady global macroeconomic climate have all contributed to the decrease of luxury home prices to a 15-month low. High-end home values are predicted by Savills Plc to fall further five to ten percent by 2023. According to Centaline Property, only 1,800 luxury properties will be sold in the year 2022, the lowest in nine years. 

Why Hong Kong Property Market Is In A Slump 

The recession in Hong Kong’s property market has an impact on all sectors of the economy, including residential, office, retail, primary, and secondary markets. Even though the financial hub is home to many high net worth individuals, the top end of the market has not been spared. Real estate associations claim that there are fewer transactions taking place on the market, prices for purchases and rents are falling, and fewer people are looking at houses.

Expatriate movement, tight …

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Thailand Property
Guides Real Estate Insights

Thailand Property Top Nationality Homebuyers in 2022

After the foreign land ownership idea was withdrawn, the Thailand property market anticipated that increased uncertainty would attract wealthy foreigners, especially those from the US, Myanmar, Canada, and Saudi Arabia, to invest property abroad and not invest property in Thailand. 

The foreign land ownership is about foreign investment into property in Thailand or Bangkok or any of the top regions in Thailand. Foreigners who visit Thailand frequently, fall in love with the country. Thailand has a decent standard of living, good public transportation, in a strategic location of Southeast Asia, fast internet connection, and more. There are various reasons for foreigners from the US, Europe, Middle East, and Asia to invest in Thailand properties. 

The US, Myanmar, and Canada nationals, according to Artitaya Kasemlawan, head of residential sales for project, advice, and transaction services at real estate consultant CBRE Thailand, were active buyers in the luxury market condo in Thailand segment. 

American buyers of Thai real estate continued to dominate, she said. But following the pandemic, active American purchasers switched from conducting business abroad to doing business domestically.

On the other hand Myanmar are active buyers in Thailand due the political crisis going on in the country. Myanmar citizens are active buyers for condos for sale in Bangkok and mainly in the mid-market. In all kind of condo segment, Asia market is open to trendy and stylish condos in Bangkok. Even pet-friendly condos in Bangkok and Pattaya main buyers are from China. 

She claimed that these buyers were familiar with Thailand’s surroundings and condominiums. Before opting to purchase a property, they had taken multiple vacations to the nation. They spend approximately $100 million on property on average in Thailand.

CBRE observed an increase in demand for condos costing 50 million baht or more during the third quarter of this year.

Canadians, according to her, were also active buyers this year. They did represent the largest foreign buyer group in Phuket through CBRE, purchasing both condominiums and villas.

“Buyers from European nations have returned, including those from Scandinavia, the UK, and Russia, as Thailand continues to be a popular destination for …

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pet-friendly condos in Pattaya
Guides Real Estate Insights

Best 5 Pet-friendly Condo in Pattaya

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Pattaya is an enjoyable and bustling province of Chon Buri, Thailand, and is well-known for its lively beach town. The city provides plenty of new accommodations with its growing popularity among locals and expats similar to work, travel, and set up businesses in Pattaya. Today our guide is on for you to find pet-friendly condos with your furry friend, as moving to a new city alone is daunting. Searching for pet-friendly condos to buy in a lively city such as Pattaya, many property developers now offer pleasant pet-friendly condominiums. Read on to find out more where the top 5 pet-friendly condos in Pattaya we recommend.

Top 5 Pet-friendly Condo in Pattaya

The Riviera Ocean Drive

The first one of 5 pet-friendly condos we recommend is The Riviera Ocean Drive. The project is a comfortable environment; their facilities provide convenience to residents and their pets. 

Riviera Ocean Drive is an international quality standard condominium. Their room types are studio bedrooms (22.5 Sq.m) and -2 bedrooms (104 Sq.m) across 43 floors. Moreover, the project provides convenient facilities inside the condo, such as swimming pools, convenience stores, and eateries. And the project’s common area allows your pet to come and go for a walk and play during the evening, which meets pet owners’ needs. 

Siam Oriental Plaza

Siam Oriental Plaza is a well-known pet-friendly condo in Pattaya. The project is Pattaya, Chon Buri. There are plenty of facilities nearby this lovely community, including eating spots and pubs. The project is also close to Phra Tamnak Mountain Viewpoint, just 950 meters from your home. 

Siam Oriental Plaza is a low-rise development with eight floors each. The room types are studio bedrooms-3 bedrooms and the condo units’ room type sizes from 27.5-176 Sq.m. Every condo unit allows you to bring small pets such as cats, dogs, and rabbits. Furthermore, the project provides numerous leisure facilities; you can walk your pet to the playground or play with them in the clubhouse. Additionally, the project is close to local attractions, including Khao Phra Bat Pattaya and Bali Hai Pier.

Jada Beach Condominium

Jada Beach Condominium project …

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Model House for Sale on Black Laptop Keyword
Guides Real Estate Insights

Improve Property Listings: [5 Easy Tips to Increase Your Queries]

Your property listings may have been advertised on various real estate portals or websites, but you are receiving few queries. It’s time to be upfront and direct, as you are to blame if there is no interest in you or your property listings. You might be overcharging for rent or sale price, or you need to introduce your property to potential buyers adequately. 

Below are a few tips to get you started and get more queries about your property listings in various locations worldwide. 

1.Getting The Price Right

Whether you are renting or listing your property for sale on the website, you have to get the price right. It is a very tricky situation, as getting the price right is about understanding the present market conditions and how the market might turn in the next six months or a year. 

One of the best ways to get the price right is to take time to do a bit of self-researching before talking to an agent. Go onto any real estate portal website and filter to your district, property type, bedroom, size, and more. From there, look at the average price of your property, and you can set a target price that is good for you. 

2. Do Basic yet Minor Property Repairs

By repairing a few simple home renovations, you will improve the look of your property. Look at your main living room area or bedrooms and consider how you could enhance their appearance. For example, you may need to paint a wall in your living room which can increase the number of your property listings queries. According to The Thaiger and Bangkok-based baked property consultant Anjana Arora, “if you see a quick repair such as a water leak, do it right away. Always keep your property in peak condition. 

3. Quality Images

As the old saying goes, a picture is worth 1,000 words. You will need quality images to increase queries for your property. Consider hiring a professional photographer, as it’s a good investment you are making for the future. There are hundreds or thousands of property listings, and …

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