Thailand Property Report by Dawn Ferguson – With housing allowances in the range of Bt70,000 to Bt100,000 a month, Bangkok’s high-paid expatriates have money to burn - and they want homes with all the Western-amenities they’re accustomed too.
For condominium and apartment owners, this segment of the market is a potential gold mine, particularly given most of these expects are here on a short-term basis. The statistics certainly are promising, but as competition grows, it’s not an easy market to enter.
CB Richard Ellis Thailand executive director James Pitchon told Property Report Thailand that demand for high-end rentals increased in 2006 and the number of expatriates in Bangkok with work permits grew to 67,412 in 2006, a 12.5 - as the s View the rest of this article
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