Asia`s property market on the mend

Released on = April 3, 2007, 1:19 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Property prices in Asia are starting to show a healthy
return and the housing market is beginning to rise according to a major bank in Hong
Kong.

Press Release Body = Property prices in Asia are starting to show a healthy return
and the housing market is beginning to rise according to a major bank in Hong Kong.
British banks are not as optimistic as prices are still some distance from previous
peaks but there is no forecast of a large property bubble looming on the horizon.

Principal International say that investors are still keen to buy in Asia
particularly Thailand as prices there are still cheap and tourism is booming, making
the rental market very profitable. Fundamentally, Thailand is a strong market for
tourism and that attracts investors says Simon Ryeland, Director of Principal
International, "we are selling property in Pattaya and Koh Chang every month and,
with prices starting as low as £32,000 together with millions of tourists going to
Thailand every year, our investors are reaping the rewards despite the unforeseen
slump in the market"

Principal International says that where there's a budget airline operating there's
usually a good investment opportunity, and Thailand is no exception. Malaysia
Airlines has just launched a new route in April with its budget airline Firefly and
will fly four local routes and two destinations in neighbouring Thailand.

Principal International have a number of properties for sale in Koh Chang, located
on the eastern side of the country. Koh Chang is surrounded by beautiful mountainous
jungles, waterfalls and unspoilt beaches. With the current height and volume
restrictions in place and the topography of the resort, development in the area is
expected to be limited and property will eventually become available only at a
premium.

Aside from the year round tropical climate, miles of sandy beaches and a low cost of
living, Thailand is home to world class medical facilities and this is an important
factor when considering holidays or retirement, for further information and to check
availability see the website for details; http://www.principalinternational.co.uk/.




Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •