24/7

    Monday to Sunday

    Location

    Worldwide

    Contact us

    info@zonezi.com

    Compare Listings

    Thai property market steady but concerns about high end speculation in Bangkok

    Thai property market steady but concerns about high end speculation in Bangkok

    Changes to deposit protection limits on bank accounts in Thailand may give a boost to property investments even as there are warnings of speculation at the high end of the market for condominiums.

    In early April the Governor of the Bank of Thailand issued a warning about the potential of bubbles developing in some parts of the Thai economy and referred to the property market. Some observers within the industry believe that worries over this are confined to the premium end of the property market particularly high end condominiums in Bangkok.

    The comments come as it was revealed by the Bank of Thailand Governor Veerathai Santiprabhob that the bank is closely watching the flow of deposits from bank accounts to instruments offering a higher return or high risk funds. He said some of these funds were being invested in certain real estate sectors. The bank governor indicated that there was a concern that bubbles may form in some parts of the Thai economy.

    Read more

    img

    Zonezi

      Related posts

      Ford Foundation Launches a New Program to Tackle Inequality

      The Ford Foundation is committing $50 million in a new program designed to support 240 social...

      Continue reading
      Zonezi
      by Zonezi

      When Can we Travel? Everything You Need to Know

      When will Coronavirus Travel Restrictions be Lifted? Each country’s approach to travel is...

      Continue reading
      Zonezi
      by Zonezi

      New Build Stories: Inside the Design and Build of Life Saga

      In this episode of New Build Stories, BOAT chats with Gian Marco Campanino, art director of The...

      Continue reading
      Zonezi
      by Zonezi

      Join The Discussion