Asian Commercial Property a Hit
A recent report shows that European commercial investors are now focusing on Thailand. Strong economic growth coupled with rising property values are the main reasons why foreign investment has been on the increase during the first 5 months of 2011.
- (1888PressRelease) August 10, 2011 - Asian commercial property is leading the way in investment strategies due to its unwavering stability, according to a recent report by real estate agent, Savills. European investors are changing their focus to invest in Asian commercial property.
Why Thailand?
Strong economic growth and rising property values are the key factors that attract investors. Foreign investment specifically in Thailand has been rising, with investors from Japan, China and America.
According to Thailand's Board of Investment, a total of 200 billion baht was invested over the first five months of 2011, a massive increase of 64% since 2010.
Thailand's economy is one of steady growth as it has strong exports and a healthy consumer market. Natural resources coupled with a skilled local work force encourage foreign investors who are welcomed by this renowned friendly Buddhist community to invest in Thailand. Through the Board of Investment there are many incentives for investors, for example tax incentives, import duty exemptions and support services.
Education and Healthcare
Other appealing factors for foreign investors to Thailand are the outstanding Education and Healthcare services available. Thai international schools and colleges are excellent and as such are recognized by many international examining bodies, the universities also offer outstanding opportunities for further education.
Medical tourism is one of the fastest rising tourism sectors in Thailand with its reputation for state of the art private hospitals offering affordable treatments in comfortable surroundings by highly qualified medical staff. General healthcare and hospitals offer top class treatment and as such, Thailand has gained a global reputation due to its modern facilities, equipment and medical staff.
"As private real estate is becoming more costly, commercial property is growing in popularity as it is more stable and yields higher returns," commented Chris Comer, CEO of Castlewood Group, a commercial real estate developer based in Singapore.
"Castlewood Group provides the ultimate lifestyle investment for people from all walks of life."
Castlewood Group offers a minimum investment of S$49,500 and annual returns of 5% - 30%. This is indeed an opportunity not to be missed.
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