Jittery Hong Kong Investors- Good News for Bangkok Property?

The controversial Hong Kong extradition bill and the sporadic protests that followed its announcement, has created an unprecedented tense and volatile environment in the Special Administrative Region.

In recent weeks, Fresh’s Sales Team has recorded a “renewed uptick” in Hong Kong buyer interest and registrations. This is reflected in both number of inquiries recorded and volume of HK visits to Fresh’s website.

While this uptrend is still a far cry from 2017-18 HK frenzy, when investors’ enthusiasm for Bangkok real estate reached its high point; this uptick could be a positive reversal for Bangkok’s sluggish market.

HK Buyers have been making a return … Will this trend continue?

Comments by Eric C. a recently registered Hong Kong buyer, who agreed to be mentioned in this article:

“Since HK property is expensive and out of reach for me… I usually invest my savings in stocks or investment funds, but I am concerned about the current political situation back home!”

Eric also added:

“Many of my friends and colleagues are also exploring overseas property investments to diversify and for financial security… Some of them are looking at destinations such as the UK and others even Malaysia. I have been considering Bangkok for some time, as I travel here often and like the lifestyle.”

Encouraged by recent events, spooked Hong Kong investors are returning to Bangkok’s real estate. Some adventurous investors are even prospecting the secondary resale market; looking for safe turnkey assets that can produce immediate rental income!

Whether this trend persists, only time will tell…

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Fresh Editorial

The Editorial Team is made up of Property Professionals with years of experience in the Bangkok Property Industry. Articles and reports are drafted using first-hand experience and local expertise!

The Team is always excited to hear from our readers via info@freshbangkok.com

Sukhumvit vs. Silom-Sathorn: Comparing Rental Yields!

Bangkok’s Central Business District is comprised of several neighborhoods: Sukhumvit Silom-Sathorn Ploenchit- Lumphini Rama 9 However, property professionals will agree that Sukhumvit and Silom-Sathorn are the most popular and dominant districts of this list! Both districts are thriving business hubs, and both offer desirable lifestyles. On top of this, the travel convenience of both areas makes them ultra-popular residential choices…Read More

Bangkok MRT Extension- Look at these Stunning New Stations!

The Mass Rapid Transportation Authority (MRTA) operator of Bangkok’s MRT, in August’19 launched the extension of the MRT Chaloem Ratchamongkhon Blue line. This extension of service, now links Hua Lamphong to Tha Phra; with another extension (Tha Phra to Lak Song) due for operation in Sep’19. These extensions are a proactive response to Bangkok’s expansion and will connect neighborhoods previously…Read More

Will Bangkok Chinatown’s Heritage Survive Gentrification?

Bangkok’s Chinatown, also known as “Yaowarat” by locals, represents an iconic and historical destination where the rich heritage of Sino-Thais can still be experienced. The Chinese quarters, offers visitors a unique chance to “travel back in time” and experience the retro-chic charm of old world Bangkok!     The area is a bustling commercial neighborhood and popular tourist hotspot, especially…Read More