Modest adjustments to existing foreign property ownership legislation to improve inbound investment could help produce major benefits in real estate, construction, retail consumption, education, transport, schooling, and tourism, says a local property executive.
The Treasury Department's latest revaluation exercise could give a further boost to land prices, especially for plots along the commuter-rail lines in Greater Bangkok.
Noble Development Plc expects to develop three high-rise condominiums in Bangkok's central business district.
The Joint Foreign Chambers of Commerce in Thailand (JFCCT) should be congratulated for raising the issue of foreign ownership.
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.
Examining trends for the real estate business this year, Thailand’s Real Estate Information Centre (REIC) held its “Property Market Outlook in 2011.
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