The investment is happening in parallel with government plans to develop infrastructure projects worth over Bt2.2 trillion this year and in the next five years. Others have done the same since 2013, most of them expanding their business in the property market through partnering in joint ventures with Thai property developers (see graphic). Firms from others countries, including Hong Kong, Singapore and mainland China, have also expanded their investment in Thailand’s property market. Most focus on developing condominium projects located close to mass transit systems, where they see strong market demand. Local property firms have to change their approach to succeed in this new market with its higher costs and risks.

Source: The Nation Bangkok August 21, 2017 18:00 UTC