Online poll highlights fears of Phuket property ‘bubble’

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Online poll highlights fears of Phuket property ‘bubble’

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PHUKET: A majority of Phuket Gazette online readers feel that real estate prices in Phuket will fall over the next five years due to oversupply, according to the most recent online poll. A total of 1,868 readers who took part in the 12-day poll were asked: Tanan Tanpaiboon, former head of the Phuket Real Estate Association, recently warned that over-development in the Phuket real estate sector risks creating a “bubble” that could see real estate prices fall due to oversupply. What do you think will be the overall trend in real estate prices on Phuket over the next five years

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Online poll highlights fears of Phuket property ‘bubble’

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