Thailand's property market has come a long way in the last 10 years, but more needs to be done to build investor confidence, shore up the industry's foundations and further develop Thai real estate's international appeal.
A new government brings with it the opportunity for change, in particular the chance to alter existing policies on the foreign ownership of property. Moves should be made in the opening up of access to local finance for non-Thai buyers, and in creating more flexibility in the current juristic arrangements for condominiums, to ensure longer-term upkeep and maintenance of developments.
