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Thailand fights back - 22 February 2008

Thailand is on the verge of becoming a property hotspot, claims Investors Provident.

Hetal Shah, director of the company commented: “The country is popular with investors buying for pleasure because it represents a nice holiday destination. By contrast, property in places such as Kuala Lumpur are viewed more from a business angle.

He added: "For us, Thailand is more of a holiday thing, so not so much Bangkok but more in places like Phuket, for example. There are a number of villas and apartments on the beach and it's just a getaway place really."

”While Thailand's property market is up and down, the fact that a new government is going to be put in place could prove to be beneficial. If the government policies are in line with what the market wants then it is going to be one of the hot places to put your money."

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