Land prices in Phuket and Songkhla of Thailand has been more than doubled last 2 years because the booming demand of Thailand residences.
Thailand Property firms now are focusing on developing large plots of land as smaller pieces of prime land around central Bangkok become scarcer, Jones Lang LaSalle has observed.
Bangkok’s condominium market enjoyed a lucrative year in pasted 2012, according to Frank Khan, executive director and head of residential at Knight Frank Thailand. Condominium projects launched in the Sukhumvit area and central business district of the city were particularly successful, reported Khan.
Clients who want to buy plot land in Thailand but not sure how to get it done. Here are some basic break down of what needs to be done and how to buy Land or Property with land (like house or Villa) in Thailand.
Thailand property developers' expansion into the provinces has driven up land prices, but some believe there is little danger of an economic bubble like what happened in 1997 because the harsh lessons of that time have not been forgotten, Thailand Land Price have no Speculation at present.
Thailand Property Developer Eastern Star Real Estate plans to spend between Bt2 billion and Bt3 billion to buy land for next year and launch two or three condominium projects worth Bt4 billion in the middle of 2013.