Estate Agents & Advertisers: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 
Secure Exit Strategy


New guidelines to increase transparency in Thai property market

Date : (News Section: Thailand)

Share
New guidelines to increase transparency in Thai property market

Property investors in Thailand are set to benefit from the introduction of new guidance which aims to make the market more transparent.

The new guidance was issued by the International Valuation Standards Council and has been welcomed by property developers within the region.

Simon Landy, executive chairman of Colliers International Thailand, believes that it is a step in the right direction and will bring clarity to house valuation.

He explained: "This new guideline will provide an internationally-recognised benchmark which will assist in bringing transparency and clarity to valuations of incomplete property assets.

"With the anticipated level of merger and acquisition activity in international markets over the next few years, more certainty is required in the way these values are established."

Last year, Patima Jeerapaet, of Colliers Thailand, said during an interview with ScandAsia that he was lobbying the country's government to increase the length of leases overseas investors can take out.

If successful it could act to encourage individuals looking to buy overseas homes in the country.


Share

Article created on behalf of Propertyshowrooms.com News Desk ()

Related Articles

  1. Luxury Thai Sales Growing On Weak Baht
  2. Asean Economic Community will give Thai property boost
  3. Thailand grows housing stock by10%
  4. Plus Property: No threat of Thai housing bubble
  5. Environmental impact assessments causing problems for Thai property



Let us search for you Let Us find Property in Thailand for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Thailand.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

Download Impact Investing Report
Development Showcase

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Thailand
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo