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Can Phuket Attract Taiwanese Property Buyers?

Author: Bill Barnett. Category: Real Estate. Posted: 16th Aug 2012

A recent news piece in the Bangkok Post caught my eye, which cited government data in Taiwan that 17% of locals bought property overseas.

Two key markets mentioned were Tokyo followed by Malaysia's Kuala Lumpur. The demographics of young professionals in their 30's who worked in hi-tech or the financial services sector were mentioned.

Demand came from those looking at rental yields and unit sizing of 2 bedrooms and more.

Viewing the nearby KL market the one thing that strikes a challenging note to developers is that bank financing is readily available, while this remains an obstacle in Thailand.

For venturesome property entrepreneurs though, Taiwan might be worth having a look at.

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