Monday, July 23, 2007
What a difference 10 years makes
Since the financial crisis in 1997, the Thai real estate market has shown remarkable strength over the last 10 years in its path to recovery. While property assets have appreciated from lows posted in the aftermath of recession in the late 1990s, rental and capital values in some sectors have already risen above pre-crisis speaks, according to real estate service and investment management firm, Jones Lang LaSalle.