|Investment Property Worldwide.com||
Overseas property buyers are moving back into the Thai real estate market following the country’s peaceful elections held earlier this month.
Longlom Bunnag, chairman of Jones Lang LaSalle Thailand, told OPP that property investors regard the successful elections as "a good sign for the country."
And Patima Jeerapaet, managing director of Colliers International Thailand, agrees noting that buyers are now flooding into Thailand from buyer markets such as Singapore, China, Australia, the Middle East, Britain and Japan.
He added that Russian investors appear to be particularly interested in property in Pattaya and Phuket. Experts in the country describe the Thai residential market as having "high growth potential."
Noel Goh, business development manager at Dalvey Developments, has also noticed that Thailand is becoming increasingly attractive to international investors as it is "shrugs off its political uncertainties."
Author - OPP & Jones Lang LaSalle
Link to article - http://www.opp.org.uk/news-article.php?id=5590&dm_i=H9C,J64C,2EIAM6,1K5WA,1
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