Quick facts about Thailand
- Did you know that Bangkok is the world's most visited city with 20.2 million international visitors? London came in 2nd at 20 million. (source: MasterCard 2017 Global Destination Cities Index)
- Thailand's name in Thai language is Prathet Thai, which means "Land of the Free". It is the ONLY country in Southeast Asia that was NEVER COLONISED by a European nation
Why Thailand properties?
Logistics hub of ASEAN
- Suvarnabhumi International Airport, the gateway to ASEAN, is Southeast Asia’s largest aviation hub, accommodating 76 flights hourly and 45 million passengers per year, with plans to increase to 60-80 million. Annually, the airport handles 3 million tons of cargo, equivalent to eight Empire State buildings. Its location within Thailand is also ideal, situated just 100 kilometers from the eastern seaboard, where the industrial estates form the center for all export industries.
Infrastructure and transportation system growth
- Thailand plans to invest THB 1.9 trillion in roads and rails to connect cities and beyond. Half of this amount will be used to further develop Bangkok Metropolitan Area’s mass transit system to cover all economically significant areas, bolstering convenience and quality of life. By 2029, Bangkok plans to see a threefold increase in number of stations, rising to 254 stations total. The Thai capital’s 400-kilometre rail system will be nearly as long as Tokyo’s—one of the world’s most convenient cities for commuters.
- Thailand is strategically located in the heart of mainland Southeast Asia, offering speed of access to regional businesses. The government recognizes these advantages and has developed incentives for the establishment of International Headquarters (IHQ) and International Trading Centers (ITC).
- Real estate is a particularly attractive investment in Bangkok for several reasons. Foreigners can own nearly half of all units in any condominium building in Thailand. And the condominium price near mass transit rising 65 per cent over the past five years. Thailand enjoys a lower cost of living compared to Singapore and Malaysia, offering a faster return on investment, while price-to-rent ratios and rental yields are higher. Property development along mass transit lines will greatly increase.