“London Prime Residential property remains key for Thai investors seeking stability, especially in this time of global uncertainty and market volatility”, says Prapaporn Boonkajornkul Savills’ Head of Agency
Thai investors are expediting their plans to purchase property in London’s Prime locations due to the opportunity being revealed by the COVID-19 pandemic and to reduce their overall portfolio risk. The pandemic and the subsequent lockdown have had a severe impact on the United Kingdom’s economic performance in Q1 and Q2 this year. With a gradual recovery and an easing of lockdown pending, the prospects for the real estate sector and the economy at large remain hopeful. Prapaporn Boonkajornkul, Savills’ Head of Agency Services, described “with the Thai Baht maintaining its strength against the Pound Sterling over the past 12 months, the value proposition appears to be the best in recent memory; combining this with the likely drop in property prices, Thai investors stand to benefit from this moment of global uncertainty”. Click here to read more on this issue: https://bit.ly/3dYDXUi