Is Bangkok a Good Location to purchase Property?

I have lived in tall buildings of the world for several years, and the previous 5 years We have worked as an agent for Best Properties Real-estate Co. Ltd. In that time I have got visit the final outcome that bangkok models may not be the right place to purchase real-estate. Why?

Unlike what a single may possibly assume from a semi produced land, the luxury residential can be a steady and very low threat market to invest in. This can be generally as a result of traditions of Thai folks, and that many properties in the marketplace will not be the key home in the proprietor. Thais normally take a seat on their house right up until they are able to receive the value which they want for this. This can be for several years, forever, and since a great deal of properties in the marketplace will not be the primary property from the proprietor these are in no hurry to offer. Also, pleasure takes on a portion.