Thailand housing bubble is not a threat, say experts

Indeed, demand for ready-to-move condos has jumped 21 per cent, a trend that Plus Property attributes not to speculative investors or people looking to flip homes, but lifestyle factors. Bangkok property is a popular choice for many buyers, but foreign investors also have the chance to generate income through rental homes in Phuket, the consultants note, with the urge to settle down with families one possible driver of buyer activity.

The report follows fears of a housing bubble, with lenders cutting their loan-to-value ratios and tightening mortgage criteria to discourage speculation in the market.