Can Phuket Attract Taiwanese Property Buyers?

Category: Real estate, Posted:16 Aug 2012 | 06:00 am

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.

Other News

New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]

Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]

Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]

More Insider News