No drop in overseas buying interest

16 Jan 2014

EXCLUSIVE: Thailand’s popularity with overseas property buyers and investors was only slightly diminished during December, according to the monthly Top Of The Props survey by U.K.-based overseas property portal TheMoveChannel.com.

The kingdom slipped one place to ninth position last month, with 1.96 per cent of all enquiries on the site in December 2013 searching for property in Thailand.

Ivan Radford of TheMoveChannel, told DDproperty.com: “The figures are for December, so while we expect the current political unrest to weaken overseas interest in Thailand’s real estate now and in the coming weeks, December’s dip is more reflective of an overall shift in buyer activity towards North and South America at the end of the year – a trend helped by attractive opportunities in both Canada and Argentina.

“Indeed, Thailand has overall established its position in TheMoveChannel.com‘s 10 most popular destinations in 2013, climbing to a record high level of interest in April and appearing outside of the top 10 in only four of the last 12 months.”

 

Andrew Batt, International Group Editor of PropertyGuru Group,
wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg

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