Picture: LUXUO The Covid-19 pandemic has induced huge world financial disruptions throughout many sectors. In accordance with a report by the United Nations Convention on Commerce and Growth (UNCTAD), a lack of as much as $4 trillion to the worldwide GDP over 2020 and 2021 is anticipated. Within the midst of this strife, nevertheless, just
luxury properties
Primarily based on market analysis accomplished by Thailand consulting group C9 Hotelworks, Thai patrons who sought refuge through the pandemic have reignited Phuket’s property sector of mega villas by multi-millions, with over THB 5 billion (approx. USD 167 million) in major and secondary high-end properties have modified palms. Whereas the broader market remained flat, it