20.02.2013 - Property prices in Thailand to experience steady growth
Urbanised lifestyles and a healthy economy could contribute to the steady growth of Thailandís property market over the next five years. Recently, concerns have arisen that the swift growth of residential projects in Bangkok and other key provincial cities in Thailand has been driven by unsustainable returns in peopleís wealth from the stock market, spurred by growing foreign portfolio investment. Property prices have continued to rise over the past ten years, and could continue to rise steadily over the next five years according to Kitti Patpongpibul, chairman of the Housing Finance Association.......................................Full Article: Source
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