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OVERSEAS PROPERTY BUYERS Mainland Chinese

Category: Real estate, Posted:17 Jan 2010 | 06:00 am

As thephuketinsider is in Hong Kong one of the areas of upward growth is the continued momentum of Mainland Chinese buyers into the property market. It's now estimated by industry analysts that Mainland buyers now make up 20% of the market either through direct investment or by companies.
This is up 5% form the previous year, and two main drivers are low interest rates and cash liquidity to fund transactions. If Thailand is going to compete in the regional market the lack of debt continues to be the largest hurdle to attract international investors.

Other News

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Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
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Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]