Posts Tagged ‘financial crisis’

Small firms may not complete

Small firms may not complete
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. Full story

Property market could shrivel 10-20 per cent next year

Property market could shrivel 10-20 per cent next year
The property market could shrivel 10-20 per cent next year due to the twin crises of global recession and domestic political turmoil, experts told a seminar yesterday. Full story

Foreign property deals freezing up

Foreign property deals freezing up
Internal political problems are having a greater impact on the Thai property market than the global economic crisis, with no transactions made by foreign buyers and investors so far in this traditionally high season, said Duangjai Kraus, managing director of the Hua Hin branch of the property consultant Engel & Volkers (Thailand) Ltd. Full story
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