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Thailand Property Industry 2H 2010
Emerging Markets Direct, April 2011, Pages: 40
'Thailand Property Industry 2H 2010' provides an overview of the property industry in Asia and Thailand. The overview covers the five core sectors notably residential, industrial, office, retail and hotel sectors. In line with global economic recovery, the Thai property market saw a rise in the number of property transactions and registered housing units. The housing stocks in Thailand grew 2.54% year-on-year to a total of 21.68 million units in 2010.
The report highlights the market trends and outlook for the property industry in Thailand. It examines the property regulations for foreign firms, real estate loans and housing loans, the impact of political instability, and other factors affecting Thailand’s property market, such as fiscal and monetary policy changes and volatility of the Thai baht. Rising interest rates, increasing house prices, higher construction costs, and uncertain political environment have added pressure on the Thai real estate market.
The report also includes the major players in the property industry and their financial highlights and SWOT analysis. The leading players are Land and Houses, Pruksa Real Estate, Quality Houses, Amata Corportation and Asian Property Development. Most property developers focus on the mid-to-low end residential projects priced below THB 2-3 million to meet customers’ demand.
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