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South-east Asia property boosted by new flights

Article Date : Friday, August 24, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

A growing number of investors are taking advantage of greater access to property markets in south-east Asia, one expert has claimed.

Jason Killingback, sales advisor at David Stanley Redfern, said that it has become a "lot easier" for people to invest in countries such as Thailand due to the availability of new flights.

"They can fly direct or it's one stop, so it is a lot better now for people to invest; it does help a lot," Mr Killingback stated.

However, investors looking to buy properties in far-flung locations ought to ensure they undertake "proper checks" on developers and their due diligence is carried out correctly, he advised.

Commenting on the south-east Asian property market, Marsha Lu, head of the legal, diligence and compliance department at Property Frontiers, recently said that Malaysia was the "best place to invest".

According to Ms Lu, the country has recovered from the economic crisis of the 1990s better than most other states in the region.
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