Experts believe in the real estate market in Thailand

Jones Lang LaSalle Thailand The company's specialists believe that the bubble in real estate in Thailand is not, despite the oversupply of condominiums on the market, reported the online source Property Report . According to the managing director of the company Sufin Mechuchep, Thai real estate market is active, especially a lot of transactions of purchase and sale of condominiums in central Bangkok, despite internal political problems and the crisis in the Western countries. Housing prices here are much lower than in Hong Kong and Singapore, the economy remains strong, and the population has the financial means to purchase housing. Flooding in Bangkok affected the real estate market in the past year. Just because of the tsunami in 2004, housing prices fell in Phuket, but now the cost of housing on the island two times higher than before the tsunami. HomesOverseas.ru