Thailand has a land area of ??about 510,000 square kilometers, which is about the same size as Sichuan Province in China, and has a population of 67 million. ASEAN, with Thailand as one of its founding members, is one of the most important economies in the world, with a population of more than 600 million, ranking third in the world.
First of all, Thailand’s economy is very stable.
The 2008 financial tsunami, the 2011 floods in Thailand, and the 2014 coup, these fluctuations did not have a significant impact on GDP and foreign investment confidence in Thailand. Everything is still growing steadily according to the established pace. After the incident, The recovery is also relatively quick. As for the Brexit incident, Thailand is also not closely related to the British economy (the British contribution rate to its economy is only 1.1% and 1.7%), and has extremely low connection with Thailand's economic fluctuations, so Thailand is increasingly Favored by investors.
Second, Thailand’s tourism industry will flourish again.
Once the China-Thailand Railway is opened to traffic, many people may choose to travel to Southeast Asia by land. In-depth independent travel will become popular, and urban areas where high-speed railways pass will definitely become hot spots for tourism. At present, in other provinces outside Bangkok that are not popular for tourism, some Thai investors have begun to slowly hoard land in urban areas where high-speed trains pass. Therefore, no matter which country they are in, it can be said that investing in real estate will still be one of the main themes of investment.
The third unemployment rate is extremely low.
The employment rate is one of the standards for measuring a country’s economic strength, and Thailand has the lowest unemployment rate in Asia. The national unemployment rate is 0.9%, and it is as low as 0.6% in Bangkok. Abundant employment opportunities have led to Most of the population has moved into Bangkok, keeping Bangkok's housing occupancy rate at around 90%. There are no large numbers of vacant houses and no obvious bubble risk.
More and more foreign companies are moving their Southeast Asia headquarters from Singapore to Bangkok, including Huawei, which just established its Southeast Asia regional headquarters in May this year in the center of Bangkok. A large number of foreigners enter Bangkok every year, resulting in a net population growth. Therefore, the average price of houses in urban Bangkok has doubled in the past 10 years, with an average annual increase of 8%-12%, and a rental return rate of 4%-8%. Bangkok real estate can basically achieve a double-digit return on investment every year, which is very Has investment value.