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In Phuket, a shift in condo market buyers

Posted on 30 September 2011

The market for mid-priced condominiums near, but not on, the beach has been active in Phuket since last year, with more affordable units aimed at buyers from Asian countries who have replaced Western buyers.
Risinee Sarikaputra, an associate director for research and valuation at the property consultant Knight Frank Chartered (Thailand) Co, says the emerging buyers are Indian and Chinese expatriates working in Singapore and Hong Kong, as well as Middle Easterners……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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