Connect with us

Real Estate

Thai Property Market still driven by local Investors

Despite the Bank of Thailand announcing measures of decreasing LTV’s for condominium to 90% and the LTV’s for houses to 95% to cool the property market, developers still continued to acquire sites for residential projects. There have been concerns about an influx of foreign money into Thailand. There have been significant foreign inflows into the Thai bond and stock markets but virtually no significant foreign investment into the Thai property market.

Published

on

 

Despite the Bank of Thailand announcing measures of decreasing LTV’s for condominium to 90% and the LTV’s for houses to 95% to cool the property market, developers still continued to acquire sites for residential projects.

There have been concerns about an influx of foreign money into Thailand.

There have been significant foreign inflows into the Thai bond and stock markets but virtually no significant foreign investment into the Thai property market. In fact, we have seen the opposite with foreign groups, such as the administrator of Lehman Brothers and a fund controlled Lasalle Investment selling properties to local Thai investors.

Although the Bank of Thailand increased policy interest rate on 1st December 2010 by 25 bps to 2.0% per annum, yield for property investment did not change significantly and money is still being driven into the property market due to the low yields on other fixed income investment.

Income-producing properties are still in high demand amongst Thai investors. When income producing properties have come to the market, there have generally been multiple bidders demonstrating the continued level of demand for this type of property.

This is an extract from Thailand Investment MarketView Q4 2010, click to download the full report.

 

Follow this link:
No Significant Foreign Investment in the Thai Property Market

Lifestyle

Bangkok falls 19 places to 49th most expensive location worldwide

Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.

Published

on

The decline of Bangkok reflects the severe impact of the Covid-19 pandemic on the rental market in the tourism-reliant Thai economy, according to ECA’s latest survey.

(more…)
Continue Reading

Property

Is There a Silver lining amid COVID-19?

Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.

Published

on

A direct result of COVID-19 containment measures is that organisations are taking a real-time look at the effects of prolonged off-site work and its relation to productivity.

(more…)
Continue Reading
Wise

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,163 other subscribers

Recent