Sunday, May 07, 2006

Thailand Property

Thailand Property

Demand for industrial property in Thailand grew significantly in 2005, according to international property consultants, which is the highest record of industrial land sales since 1999.

The total number of projects that have started operations from the Board of Investment (BOI) in 2005 was 359 projects, a 28 per cent increase from the 281 projects the year before. The total value of Thailand property investment in these projects increased by 23 per cent to Bt102 billion baht, compared to Bt83 billion in the same period last year.

Thailand property in 2005 continued to grow as a result of both international and national markets starting a new investment cycle, despite the generally slowing economy. The majority of the foreign investment is still from Japanese companies.

Increasing construction costs will also act to drive prices higher. Presently, some developers are trying to provide a discount against the market by maintaining their prices.

Many developers are developing more Ready-Built Factories (RBFs) in the Thailand property market to maintain an inventory of land for new industrial estates and expansion. Demand for RBFs is growing, as foreign companies seek to relocate or set up new production facilities in Thailand. It is expected that Thailand property will still have a strong growth rate in 2006 for industrial units.

  • Thailand Property: Condos for rent (-30k): click here

  • Thailand Property: Condos for rent (31-50k): click here

  • Thailand Property: Condos for rent (51-70k): click here

  • Thailand Property: Condos for rent (71-100k): click here

  • Thailand Property: Condos for rent (101-350k): click here

  • Thailand Property: Houses for rent (101-350k): click here

  • Thailand Property: Condos and houses for sale (10m+): click here

  • Thailand Property: Condos and houses for sale (-10m): click here

  • Thailand Property: Serviced Apartments: click here

  • Thailand Property: Offices for rent: click here