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Thailand’s property boom showing no sign of cooling down

Posted on 08 March 2013

Some developers expect the integration of ASEAN countries to generate benefits for Thailand’s property market More than 50 percent of new developers to launch projects in Thailand in recent years were from other sectors including garments, jewellery and machinery, according to Monchai Orawongpaison, senior manager for project sales and marketing at property consultancy firm Colliers International Thailand.
Many developers have amassed land over several years and are not concerned that Bangkok’s new city plan may have an impact on the potential of plots, said Monchai. The new city plan is scheduled to come into effect from May, reported the Phuket News………………………………………..Full Article: Source

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