|
|
Article: Thailand Property Report.
- Article from:
- M2 Presswire
- Article date:
- January 13, 2009
CopyrightCOPYRIGHT 2009 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
M2 PRESSWIRE-13 January 2009-Buzz Technologies Inc (OTC:BZTG): Thailand Property Report(C)1994-2009 M2 COMMUNICATIONS LTD
RDATE:13012009
The real estate market in Thailand is, like real estate in the rest of the world, experiencing a slowdown. According to real estate company CB Richard Ellis (NYSE:CBG), the slowdown in Thailand will continue at through 2009 and probably into 2010. Recently released research from the firm indicates that transactions were down in the final quarter of 2008 and estimates that the market could drop as much as 10-20 percent during 2009.
Aliwassa Pathnadabutr, managing director of CB Richard Ellis in Thailand, ...