Research and Markets: Thailand Real Estate Report Q1 2012: Potential to Draw Chinese Investments

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/38b54f/thailand_real_esta) has announced the addition of the "Thailand Real Estate Report Q1 2012" report to their offering.

Thailand is currently suffering from the worst monsoon floods in at least 50 years. The effect of the floods will be long-lasting and could greatly alter the picture we currently have of the real estate market. During October 2011 businesses have been affected, a number of industrial plants were shut down, homes were destroyed and many projects abandoned. While the eventual clear-up efforts could provide a short term boost to construction companies, reports warn that Thailand's economy has taken a hit in 2011 and going into 2012.

Key Opportunities In The Real Estate Market:

• Pattaya is proving to be an increasingly popular destination for overseas investors and local developers. The beach holiday destination's proximity to Bangkok and value for money are maintaining strong demand for holiday properties and new projects in the area.
• The new Pheu Thai government is hoped to improve long-term investor sentiment, as the political instability of the past few years dies down.
• Property price cooling measures in China are leading buyers into nearby overseas markets and Thailand's proximity to the country has the potential to draw a number of Chinese investments.
• Bangkok is hosting a real estate conference: Real Estate Investment & Law Updates, in late October 2011. It is hoped that the event will increase discussion on attracting investment in the residential, commercial and hospitality real estate sectors.

Key Risks To The Current Real Estate Market:

• The severity of the flooding in Thailand is not yet known, but it is likely that damage will run into billions of baht for homeowners and developers. It will be some time before clear-up efforts begin and stalled projects resume.
• Demand for office space in Bangkok appears to have remained stagnant over 2011. No project completions are expected in 2012.
• The improved political situation follows years of unrest, which may not completely disappear for a few months or years.

Business Monitor International's Thailand Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Thailand's Real Estate industry.

Companies Profiled:

• Central Pattana (CPN)
• Italian-Thai Development Public Company Limited (ITD)
• Land And Houses (L&H)
• Raimon Land
• Rasa Property Development
• TCC Capital Land

For more information visit http://www.researchandmarkets.com/research/38b54f/thailand_real_esta