02.12.2010 - Oversupply fears set to slow the Bangkok property market
From Property-report.com: Oversupply fears will slow the Thai property market for a couple of months before positive sentiment will resume next year, according to local developers. Mayta Chanchamcharat, director and chief business officer of Pruksa Real Estate said concerns about a possible property bubble in Bangkok and the Bank of Thailandís announcement capping condominium mortgages at 90 per cent of value from January 1 have quietened the market due to a retreat of speculators and investors..............................................Full Article: Source
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