Hopes rising hight
Thai property prospects remain promising with the imminent arrival of regional economic integration at the end of the year.
But political stability, greater competitiveness, clear-cut regulations and an agile government are vital components for drawing foreign investment to the Thai real estate market, say property consultants.
Alastair Hughes, chief executive of property consultant Jones Lang LaSalle (JLL) Asia-Pacific, says international investors like certainty. They will always consider stable government and clear laws.