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Phuket: Is it time for a Correction in the Phuket Property Market?

Should property prices in Phuket come down? Phuket property professionals, Phuket Ocean Villas ask the experts.

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Thailand Property Report – Should property prices in Phuket come down? Phuket property professionals, Phuket Ocean Villas ask the experts.

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Phuket: Is it time for a Correction in the Phuket Property Market?

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FiveStars Real Estate Ltd is a registered company based in Bangkok. Our cultural and professional expertise give us the cutting-edge in the real estate business.

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Property

Drivers of Asia Pacific office space demand in 2019 remain strong

More employers plan to increase rather than decrease staffing levels in most Asia Pacific countries, with employers in Japan reporting the strongest hiring intentions.

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Office occupational demand was robust across Asia Pacific in 2018, with overall leasing activity up an impressive 20% for the whole year.

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Banking

First-home stimulus measure may have limited impact on Thailand’s housing market

The first-home buyers who make less than 25,000 baht per month however will not benefit from this scheme.

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The Thai government has released a housing stimulus measure which grants personal income tax allowance for buyers of first homes worth up to 5 million baht during April 30-December 31, 2019.

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Real Estate

Almost 500,000 units for sale in Bangkok (Government Housing Bank)

In Bangkok and its vicinity 1,597 projects, almost 500,000 units, were for sale during the second half of 2018, an increase of 7.7 percent from the same period in 2017.

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For housing in Bangkok and its vicinity, those who want to buy a house should be able to smile this year due to many house and condominium promotions.

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