The end of 2021 is about to arrive at the end of the year, and we will be celebrating Christmas sooner than we all might have anticipated. However, the end of the year does bring in lots of factors to consider. While some will be considering their next holiday plan, starting a Christmas shopping list, or looking for new opportunities for passive income.
News & Events
In Thailand lately, there have been some interesting revelations in the real estate market. Some interesting revelation occurs during the pandemic as the significant change in the real estate market emphasizes housing development. Sometimes it is tough to change plans quickly and to divert into something different.
The ending of the year 2021 is about to approach all of us. We are heading towards Christmas and New Year. Before we can discuss holiday planning with families and shopping spree, the fourth-quarter start is about clearing some old business work, but also an excellent time to find another investment in real estate. Anytime the holiday approaches, the property becomes a hot commodity because people worldwide are finding a property to rent for holidays.
Following the series of Thailand and Southeast Asia, countries have plans to open their borders to travelers fully. We all know and understand that news travels fast. The statement is not as accurate in Thailand and some parts of Southeast Asia; mainly in Thailand, laws, plans, and information adjust and change anytime as possible.
The following trend in Thailand and the whole region of Southeast Asia is preparing borders and air travel to open. The region of Southeast Asia does not have time to allow more lockdown restrictions as we are about to enter the last quarter of the year. The last quarter of the year is historically good for Asian countries, especially in tourism, services, and properties.
They are following the series of Thailand re-opening to the world to stimulate its economy and have a good end of the year for tourism to rebound. The government is expediting with caution to re-open all of the countries to tourism. This is a huge milestone to embark on the journey for Thailand to re-open. However, there are still many roadblocks on the way, such as if Bangkok is not going to re-open yet, then is the whole country still in deadlock. Especially with the property market, developers need to look into Bangkok to calculate and launch more new projects.
Following the trend for Southeast Asian countries opening up their borders and lifting national and regional restrictions to support its cripple economy. The phrase “living with the virus” is echoing in Southeast Asian countries. Presently, Thailand is in such a state that the governments are proposing schemes and models to re-open and allow human movement in tourist cities. Few cities that had allowed campaigns were Phuket and Koh Samui.
To put the uncertain situation into one word, maybe I will say ‘finally,’ we all have to reach quarter 4 of 2021. We are at the last leg for the year 2021, and we might see the light at the end of the dark tunnel. When I mean by visiting the morning, I told by how countries in the West have open their borders. Countries in the west lifting lockdown restrictions and barriers have led to a spike in the economy, investments, and air travel once again. Just not as pre-pandemic, but it is a start that would not have happened at the first or even second quarter of the year.