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Experts expect growth in the real estate market in Thailand by 5%

26.03.15
According to forecasts made by Realtor Information Service of Thailand (REIC), the country's real estate market is expected to grow by 5% in 2015. How is the situation on the market during the first three months of this year, confirms this prediction. It is expected that the cost of housing in Thailand will continue to rise.
The key factors that affect the positive trend of the market, are: the restoration of the country's economy, a significant number of government infrastructure projects, reducing the cost of fuel and others. All these have combined to increase the purchasing power of the population.
GHB data indicate that the majority of people in Thailand would like to live in their own home, but lack of funds is forcing them to purchase apartments and townhouses, seeing them as the first real estate investment.
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