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Property prices in Thailand in the next few years

04.09.2012

As experts predict, the price of real estate in Thailand will increase over the next three years.
Such predictions are confirmed by Alan Lin - Head of the Thai real estate company, Harrison. In his view, a rise in the price of an apartment in Thailand. Although the apartment yet relatively low in comparison with neighboring countries, with Thailand - Singapore and Indonesia, but in comparison with last year, the price increased by 5%.
According to Lin, the increase in prices for apartments in Thailand due to the appreciation of the land. Asia Property Report notes that in the past two to four years, the price of land in the most popular areas of the capital of Thailand has increased by 40-50%.
Besides the head of Thai real estate agency Harrison believes that even with a strong rise in prices, the demand for housing in prime locations in Thailand will remain unchanged.