11 May '18, 1am

Bangkok luxury properties attractive to foreign investors

Foreign ownership of luxury properties in Bangkok has been rising. The ultra-luxurious real estate market is quickly attracting a global investor pool. Bangkok High-end luxury properties a favorite with foreign investors Compared to a studio apartment in Hong Kong , the same amount may be able to snag you a luxurious 2-bedder with designer furniture and fittings, a butler service and even a chauffeured limousine. With such offerings, it is no wonder investors are gradually shifting their sighs to the busy Thai capital of Bangkok. In fact prices of real state in central Bangkok have doubled in the last 5 years. Land prices have made a 30% leap. Prices of luxury condominiums rose more than 10% in the last quarter of 2017. Thai developers have been experiencing some resistance from local buyers with rising property prices, but foreign buyers are biting, more so than ever. The...

Full article: https://www.iproperty.com.sg/news/bangkok-luxury-properti...

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