Off Plan Developments |
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Fantastic Seaview Plots in Layan - Baan Talay |
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| Brand new to the market through a few selected land agents, a unique oportunity to acquire one of a few incredible sea view landplots in an exclusive development at Layan Beach. All plots have underground electricity, highspeed Internet and water supply. The perfect place to build your dream villa. Prices starting at 9 Mio Baht per plot. 4 plots sold in first week! Hurry if you do not want to miss out. |
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Thailand is unaffected by US housing market problems
The recent housing market decline in the USA is unlikely to impact upon the economy in Thailand, according to one expert.
Suchada Kirakul, assistant governor of the Bank of Thailand, said that investors are losing confidence in the US dollar and choosing to look to other markets instead, Thomson Financial reports.
"But in Thailand we have several measures to monitor capital flows, while the property market has not over-expanded," Ms Kirakul said.
Although the news provider reports that concerns have been raised that the US mortgage market may have had a negative impact upon Asian stocks, the problems faced by investors in the US are "certain" not to happen in Thailand, Ms Kirakul stated.
Last month, James Pitchon, executive director of CB Richard Ellis Thailand, said that the country is in a "very strong" position to attract foreign retirees and second home buyers, the Bangkok Post reports.
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Property of the month |
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Kalim beach, Patong - 2 bedroom Beachfront Villa |
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| HOT DEAL: only 6,000 THB per night March 22/2011 - Oct 1/2011
FOR UP TO 6 GUESTS only!
Step into tropical luxury at this charming beach villa with a spectacular view of Patong Bay. This is a modern 2 bedroom villa laid out on 2 spacious floors set in a gated and walled environment. A private beach area in a lush garden setting is perfect for lounging and refreshment. The large, colonial-style bay windows in every room bathe the villa in sultry sunlight and open outward to catch the temperate ocean breezes. |
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