By Greg Lowe on December 1, 2009
Preventing foreigners from owning land and property in Thailand does many things: it protects powerful Thai landlords and agricultural monopolies, forces overseas investors to consider setting up shop in other regional markets, drives Thai capital from the country and provides a pool of nationalist bile for tub-thumping politicians to draw on and whip up a [...]
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Greg
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Posted in National | Tagged business act, economic and social development, economic crisis, fba, land act, overseas investors
By Somluck Srimalee on January 8, 2009
Some of Thailand’s leading property firms are voicing concern about small and medium-sized property developers who may no longer be financially capable of delivering new homes to their customers from projects begun last year.
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Somluck
Srimalee
Somluck Srimalee is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
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Posted in National | Tagged economic crisis, financial crisis, negative impact, political turmoil, property developers, residential projects
By Kanana Katharangsiporn on January 5, 2009
Thai real estate prices will not tumble as they did in the post-1997 economic crisis period as there will be no forced sales, says Suphin Mechuchep, managing director of property consultant Jones Lang LaSalle (Thailand).
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Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
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Posted in National | Tagged construction costs, economic crisis, investors, jones lang lasalle, leasehold, real estate investment
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