Phuket Property Watch Your Eyes on Real Estate in Thailand
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Recent news suggests a steady growth in the relationship between China and Thailand, a development that could potentially impact the property market. The recent China-Thailand ties could potentially lead to increased investments in the Thai property market. On a related note, Frasers Property (Thailand) Public Company Limited’s stock is currently being perceived as undervalued, which could create opportunities for investors. The company’s stock performance is also expected to outperform the Nasdaq index returns by 2025. In terms of property developments, Meliá Hotels has unveiled its plans for an Asia-wide expansion, potentially leading to new developments in Thailand. New accommodations are also emerging in Phuket with the arrival of Zostel’s first international hostel, marking their 100th property. Lastly, a new entertainment venue, POP LAND, opens its doors in Bangkok, expected to attract both local and international POP MART fans, potentially impacting the local property market with its new foot traffic.
