Property Market
Thailand now has a house price boom? The Thai price index for single detached houses rose by 4.63% (1.48% inflation-adjusted) during the year to end-Q1 2013, the highest year-on-year increase since Q2 2009, based on figures released by the Bank of Thailand (BOT), the country’s central bank. The condominium index which soared by 9.39% (6.1%…
Though concentrated in Bangkok, the political protests have also affected the properties in Pattaya, as many foreign tourists cancelled their hotel reservations for the Christmas and New Year’s period. In addition, if political issues are not resolved within a few months, the whole country’s property market will probably be more affected, according to research by…
Owning a home is a keystone of wealth… both financial affluence and emotional security.