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In Thailand, the demand for luxury housing

24-09-2010

interest of foreign buyers to the elite housing in Thailand is increasing. Demand growth was observed after the April-May this year when the country is experiencing political turmoil, reports Prian.ru.

Experts expect that the proportion of foreigners in the total number of customers grows. If in 2008-2009, compared with 14% -16% by the end of this year, he must rise up to 20% -25%.

luxury real estate market in Thailand attracts foreigners, above all, a favorable economic situation. In this case, a stable rate of the Thai baht and high interest rates on mortgages did not deter foreign buyers who purchase property for U.S. dollars and prefer to pay for purchases in cash.

Thai Room "elitki" quite low compared to its neighbors in the region - such as Singapore or Hong Kong. In Bangkok, the price of apartments in new buildings ranging from 4,000 to 10,000 dollars per square meter. m on average (at the II quarter of this year) 5100 dollars per square meter. m. This is 8.6% higher than the same period last year. With regard to the secondary market of elite apartments, there is price increase was 11%.

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