Thailand is seeing serious growth in property sales.

clRedfern: “The Thai economy got off to
Property buyers are getting excited by thea scintillating start in 2008, with first quarter
northern city of Chiang Mai and the beautifulgrowth up six per cent on the same period last
islands of the south.year, and up 5.7% on the last quarter of 2007.
Thailand’s recent tourism push is reapingAfter two years of political turmoil culminating in a
dividends and it is on schedule for ten per centcoup last year, it seems the new government is
annual growth in international visitors. According tofinally settling in, and has made economic growth
the Tourism Authority of Thailand, there wereits top priority. The main thrust of its efforts is
13.82 million visitors in 2006; 14.8 million visited incentred on generating internal and regional
2007 and 15.5 million are targeted this year.investment, with global investment currently
According to Liam Bailey of David Stanleyslowing.