Experts forecast fall in Thai property market

At the recent Property Market Outlook in 2011 seminar, analysts indicated that buyers should be able to take advantage of a fall in values, Property Report states.

According to the experts, high interest rates, rising inflation and increased construction costs are all contributing to the decline.

However, it is hoped that new government measures will go some way to improving market conditions.

The new interest-free loan programme is hoped to push those who had been considering purchasing to go ahead and buy while they are still able to take advantage of it.