30.05.2011 - Unsold properties balloon in Thailand, opportunities for buyers
Special promotional offers may entice home buyers after the number of unsold residential properties held by most Thailand property firms increased in the first quarter of 2011 from the fourth quarter of 2010. The unsold inventory amounted to nearly THB200 billion (US$6.6 billion) in the first quarter of 2011. Meanwhile, demand for new residences dropped 7 per cent, quarter on quarter..............................................Full Article: Source
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