The "Seththa 1" government and the Thai real estate business (Part 1)

After Mr. Settha Thavisin was nominated to be the 30th Prime Minister of Thailand with 482 approval votes on August 22, 2023, in a single roll. Without having to wait for much. In addition, it is the establishment of a government that has leaders in establishing both Bhumjaithai Party which was before the campaign Pheu Thai Party has a campaign "Chasing the rat and hitting the cobra" along with the two original leading parties, both the Palang Pracharat Party and the Ruam Thai Sang Chart Party. Even though they once issued a campaign policy of "Turn off the switch for 3 years," "If you have an uncle, you don't have us," it has become just a campaign for campaigning. Claiming that the political rules in a democratic system It is written that Gather the votes to be more than half of the parliament which has 500 MPs and 250 senators. Therefore, the goal is only to gather 376 votes or more. Therefore, getting the 482 votes that the 30th Prime Minister obtained is This is in accordance with the 2019 Constitution in all respects.

As of today, I am not going to say who is right and how wrong. I just want to tell the story of the origins of the 30th Prime Minister for use in writing this article and other articles in the future under the Settha 1 government, which will probably run the country for another 4 years before new elections are held. Again, it means that you will definitely be able to write to this government on many other occasions in the future.

Source: Prachatai

Sansiri, a major real estate development company Listed on the Stock Exchange of Thailand, with each year launching condominium projects and housing estates together, tens of thousands of millions per year. Therefore, it is probably one of the best to understand the problems and obstacles in developing real estate projects in Thailand. This business, before building housing projects, condominiums or developing any projects, must request permission from a large number of government agencies. Some projects require a total of 10-30 licenses from various ministries, bureaus, and departments, which takes a lot of time and costs a lot of money. In addition, there are agencies that rely on their authority or the unclearness of various laws as channels for bribery. Which is to say, sometimes more than the legal license fee, probably more than 10 times. Of course, such costs will inevitably be pushed into the cost of house sales and condominiums. which these hidden costs It is one part that makes house prices higher than they should be. which has created trouble and has been a threat to the prosperity of Thailand for a long time

Having said that, Mr. Kasettha is not the first developer to be the Prime Minister in this country. Former Prime Minister Yingluck Shinawatra was also a developer. Before becoming the country's first female prime minister, she was also the CEO of SC Asset Public Company Limited, a major real estate development company listed on the stock exchange. Plus, at a time when they were not more than 1 year apart, Dr. Chatchart Sitthiphan before winning the election in a landslide. as the governor of Bangkok He was previously the CEO of Plc. Quality House The country's Top 10 real estate development companies, which are also listed on the stock exchange, can be said to be the CEOs of real estate development companies. parades together to become important executives in the country They are almost following each other in succession. Plus, at the global level, President Donald Trump himself was once a leading developer in America. He has become a leader who has created tremors throughout the world, making developers as well as the people who buy houses. I can't help secretly thinking that Or will it be a lucky time to have the country run? Let's get into the real estate business now. Inadvertently, good measures may be issued to stimulate it, causing the real estate business to return to the upward trend again for sure.

* Source: Dr. Watch Kasemsub

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