Hot! Phuket Poll Shows Property Bubble Fears

A Phuket Gazette poll of 1,868 people shows that online readers feel real estate prices in Phuket will fall over the next five years due to oversupply.

Nearly two-thirds of those taking part thought that real estate prices would fall. Of these, most thought the fall would be large, slightly more than those who predicted a moderate decrease.

However, just under a third of voters thought prices would rise. Of these, the majority predicted only a moderate rise, while just 5.6 per cent thought the rise would be large. The remainder predicted real estate prices would hold steady.

Of the voters, Thais were the most pessimistic while “foreign local residents” or “tourist or visitors” were almost identical with more than 60 per cent in each group predicting a fall in asset prices.

Related documents:

Thailand’s Condominium Bubble a Reality or Myth?

2 Comments

  1. Yes, I am satisfied with your information Phuket has become a great place for real estate investment. You can make a good investment in Phuket Property. It has also become a good place for tourism. Real estate business is at its best in the present time.

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