Thailand Real Estate Magazine

CB Richard Ellis’s experience with selling resort properties started in 1990 with Laguna Phuket, where we were involved in the master planning, launch and ongoing sales of its residential condominiums.

CB Richard Ellis Thailand was the first international property consultant to operate in Thailand, opening in 1988. It has grown to four offices- Bangkok, Phuket, Koh Samui, and Pattaya

Sales of luxury property in Thailand remain buoyant despite global concerns, according to CB Richard Ellis, the leading international property consultants in Thailand.

The listed developer Golden Land Property Development Plc expects a cash influx of 1.5 billion baht this year from the transfer of its super-luxury The Infinity condominium in the Sathon area, according to CEO William Wilfong.

Despite the fears of a global market slowdown caused by what many analysts are already calling a recession in the U.S., the overseas property investment sector continues to flourish. While David Stanley Redfern Ltd research into overseas property markets is ongoing, their 2008 research is finally at a point where they are willing to present their top investment destinations and the reasons why.

Leading Thailand’s real estate service provider CB Richard Ellis is urging the country’s newly-elected democratic government to introduce “a more welcoming policy” for foreign property investors.

Thailand’s return to democracy following 15 months of military rule has already “sent a clear and positive message” to the property market, said David Simister, Chairman of CB Richard Ellis Thailand.

Thailand’s tourism industry continues to perform well in the past year with passenger traffic through the six major airports from January to September 2007 rising 7.95% compared to the same period last year, says CB Richard Ellis.