Thailand Investment – Nominations for the 2009 Thailand Property Awards are now open. Go to the official website and nominate those businesses and developments you think are award-worthy.

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Thailand Real Estate: Thailand Property Awards 2009 are open

Compared to 1997 Real estate companies are able to respond much more quickly to changes

Factors that indicate the 2008 Thai real estate market is not experiencing a bubble- like boom include:
1. Property prices have not changed dramatically in most areas.
2. Interest rates are continuously rising In the overall housing market, speculation is not significant even though there is some speculation in condominium markets and tourist area properties.
3.Low consumer confidence because of unstable political and economic environments.
4. Global Financial Crisis discourages overall property speculation

Thailand Real Estate: Thailand Property Awards 2009 are open

Falling consumer confidence : The slowing global economy together with unstable local political and economic environments will result in falling consumer sentiment and confidence in Thailand. Consumers will delay home purchases because they will be unsure of current and future incomes – directly affecting real estate demand. The general public will also begin losing confidence in the financial sectors, although not as severely as in foreign countries. The 2008 global financial crisis has directly and indirectly impacted the Thai Real Estate Market .

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