Email

info@ls-invest.asia

TH: +66 (0) 91 821 5557

US: +1 (702) 512 - 8349

Compare Listings

Expat Rental Apartments Demand changing from family to individual

Expat Rental Apartments Demand changing from family to individual

This year, we are seeing more expats moving here individually rather than the whole family as companies look to lower their operating costs

As the number of Japanese expats in Thailand decreased to lower than 20% of the total expats for the first time in 2019 and dropped to 34,133 as of April 2019, a 4% decline Y-o-Y, CBRE is seeing a change in demand and its impact on the rental apartment sector in Bangkok, despite a healthy performance.

Typically, when expats move with their family members to work in Thailand, the companies will cover accommodation for the whole family, the children’s tuition fees and sometimes allowance for the housewives.

This year, we are seeing more expats moving here individually rather than the whole family as companies look to lower their operating costs.

“In the projects which CBRE is managing like Jitimont Residence and Capital Residences, we are seeing more active demand for one-bedroom units which is different from what we have seen in the past. Two-bedroom units used to be more popular for expats moving to Thailand with their family.

“Now, many apartments are fully occupied for their one-bedroom units and the demand is still increasing”

via@thailand-business-news

Continue Reading

img

Sivana Dee

Whether you are a first time buyer or looking to expand your investment portfolio, we are here to service your every need. Allow LS-Invest.ASIA to assist you in creating your new “LifeStyle”. The right time is now to look no further than LS-Invest.ASIA Based in Phuket, our mission is to introduce a fresh outlook on luxury property investment in Thailand with a uniquely international perspective

Related posts

Shorter quarantine if tourist test succeeds

A seven-day quarantine for foreign tourists can be put into effect in November if the first batch...

Continue reading about Shorter quarantine if tourist test succeeds
Sivana Dee
by Sivana Dee

Thailand is set to welcome long-stay tourists from October

The cabinet, today (Sep 15), agreed to welcome back international tourists who wish to stay in...

Continue reading about Thailand is set to welcome long-stay tourists from October
Sivana Dee
by Sivana Dee

Thailand’s major tourist islands may open soon to foreign travellers

Next month, 5 of Thailand’s major tourist islands may open up to foreign travelers. Phuket, Koh...

Continue reading about Thailand’s major tourist islands may open soon to foreign travellers
Sivana Dee
by Sivana Dee

Join The Discussion

×

Hello,

thank you for visiting LS-Invest.ASIA! My name is Sanne, how may I help you today?

× How can I help you?