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Friday, April 26, 2024

International love

International love

Success in handling the outbreak is poised to drive the foreign market this year and next, particularly buyers from China and Hong Kong, though travel restrictions are hindering presales

A beachfront condo project on Chalong Beach, Phuket. Property consultants say demand for second homes in resort destinations should increase as foreigners see Thailand as a safe haven.

Thailand’s property market will be more attractive to foreign buyers following the pandemic after the country was praised for its handling of the outbreak, including a high rate of recovery, according to property developers and analysts.

Thongchai Busrapan, chairman and co-CEO of SET-listed Noble Development Plc, said the property market next year will be more positive…

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