Slightly fewer dwellings listed on property market in Q2, 2021, with prices increased

21 Sept 04:32 Key points summarised by AI

The Thai property market in Q2 2021 experienced a slight decrease in the number of listed dwellings, yet observed an increase in prices, reflecting intense competition among sellers.
An average of 114,668 second-hand and 290,000 new properties were listed monthly, with combined values of 818 billion Baht for pre-owned and 1.2 trillion Baht for new listings.
Bangkok led in both sales announcements and property values, while the majority of listings were priced between 3-5 million Baht, and detached houses were the most frequently listed second-hand property type.

Making the right moves to drive growth

Today 16:36 Key points summarised by AI

Thailand must shift its focus from merely creating intellectual property (IP) to actively commercializing it to unlock sustainable economic growth in its creative industries.
The World Bank advises establishing robust commercial infrastructure to generate steady revenues, attract private investment, and scale creative businesses globally.
Key strategic shifts include building systems to monetize and build value around original IP, and strengthening global links to connect domestic creators with international markets.
Elevating productivity in the creative sector could generate up to 3 million formal jobs by 2040, significantly increasing its contribution to Thailand's national gross value added.
Thailand's Creative Economy Agency (CEA) is developing an action plan to push high-potential content internationally, maximize IP commercialization, and upskill talent.