Call for Thailand to Offer More Clear Investment Information
The Thai government should encourage the distribution of more clear information about the real estate sector with the intention of building faith among foreign investors, it is declared.
Organizers of the international real estate trade fair Mipim Asia in Hong Kong in November 2008 say other Asian countries present enhanced and more precise information of the type that property investors require to make a choice about where to invest their money.
"Information on Thailand's real estate sector pales in contrast to that of Singapore, where investors have understandable and reliable data that can be accessed online," said Christine Lam, Asia Pacific regional director of Reed Midem, which organizes international professional market fair.
"For example in Singapore, investors can make out accurately how many unsold units there are in a project,' she added.
Ms Lam said data from the private sector single-handedly was not believable as much as necessary for foreign consumers. "The government should play an energetic role in gaining confidence from investors by providing trustworthy data."
Though, she said, Thailand was still an eye-catching market to international investors due to its tourism, generosity, reasonably priced land and established market.
Thailand was ranked third after Singapore and Vietnam as the most fascinating countries in Southeast Asia for investment by investors who were present at the fair in 2007.
"Vietnam might not be very clear also, however global investors make out it as a fresh market and that they think about more lucrative because of low-priced labor," she explained.
In 2007, investors' curiosity in Thailand fall down due to the deficiency of political stability, but in 2008 buoyancy is likely to rise again.
More investors have turn out to be attracted in prospective infrastructure projects.
Thai companies which will be present in Mipim Asia from November 19 to 21 at the Hong Kong. Convention and Exhibition Centre are Sansiri, Raimon Land, TCC Land, and Gaysorn Group.
Organizers of the international real estate trade fair Mipim Asia in Hong Kong in November 2008 say other Asian countries present enhanced and more precise information of the type that property investors require to make a choice about where to invest their money.
"Information on Thailand's real estate sector pales in contrast to that of Singapore, where investors have understandable and reliable data that can be accessed online," said Christine Lam, Asia Pacific regional director of Reed Midem, which organizes international professional market fair.
"For example in Singapore, investors can make out accurately how many unsold units there are in a project,' she added.
Ms Lam said data from the private sector single-handedly was not believable as much as necessary for foreign consumers. "The government should play an energetic role in gaining confidence from investors by providing trustworthy data."
Though, she said, Thailand was still an eye-catching market to international investors due to its tourism, generosity, reasonably priced land and established market.
Thailand was ranked third after Singapore and Vietnam as the most fascinating countries in Southeast Asia for investment by investors who were present at the fair in 2007.
"Vietnam might not be very clear also, however global investors make out it as a fresh market and that they think about more lucrative because of low-priced labor," she explained.
In 2007, investors' curiosity in Thailand fall down due to the deficiency of political stability, but in 2008 buoyancy is likely to rise again.
More investors have turn out to be attracted in prospective infrastructure projects.
Thai companies which will be present in Mipim Asia from November 19 to 21 at the Hong Kong. Convention and Exhibition Centre are Sansiri, Raimon Land, TCC Land, and Gaysorn Group.
Labels: Real estate sector
Posted by Moveandstay
|
0 Comments:
Post a Comment
<< Home