Foreign Investors Face Uncertainty in Koh Phangan; Phuket Law Firms Gain Recognition

The Watcher 13 hours ago Business 9 Views

A mix of good and bad news for foreign property owners in Thailand in today’s real estate market news. The Thaiger has recognized the best law firms in Phuket. This is good news for investors seeking legal advice for their property investments in the region.

In contrast, the situation for foreign business owners on Koh Phangan appears to be challenging. Recent raids targeted high-end villas, sowing uncertainty among foreign investors.

Meanwhile, Lumpini Park is undergoing a royal revamp ahead of its 100th birthday bash. The park’s upgrade could potentially increase the value of nearby properties.

Thailand’s real estate market is also attracting financing deals from abroad. Hanyang Securities has launched a global IB unit, securing multiple overseas financing deals.

Lastly, it’s worth noting that political developments can also impact the property market. Cambodia and Thailand are currently working towards peace as JBC and GBC meetings enter a critical stage. Stable political relationships often bode well for foreign investments, including in the real estate sector.