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Government Holds Off Property Cooling Measures

Category: Real estate, Posted:04 Feb 2013 | 06:00 am

While Hong Kong and Singapore have proactively instituted actions to cool down their overheating property markets, Thailand's government looks to stay on the sidelines.
According to industry reports there 80,000 residential units were sold in 2013. The Nation newspaper has reported that inventory of existing products at year-end exceeded 100,000 units.
Listed developers are saying that the outlook for 2013 is robust with end users and not speculators dominating the transaction market.
Debt to equity ratio's for the basket of leading real estate firms remains under two times, as developers are strongly lobbying this as a healthy underlying fundamental.
Arguably over the past 18 months Phuket has seen a rise in low-cost condos, which have swept up by buyers looking to cash in on the domestic housing boom.

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REMINDER Online Thailand Event This Week

Category: Real estate, Posted:20 Jul 2021 | 15:15 pm Give us one-hour this Thursday and we will give you a complete rundown on Thailand’s resort real estate sector including special insight into hotel-branded residences, co-living, tech strategies, integrated resort communities, and lifestyle property. Check out the latest data on Phuket, Koh Samui, Hua Hin and Pattaya. Sign up now for this free online event. Sign up
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Outrigger Buys Three Hotels in Thailand

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