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Thailand: Hua Hin property market shows signs of recovery.
Section: General News - Early recovery reveals a changed market that is more focused on rentals, The Nation reports.
The property market at Hua Hin is showing significant signs of recovery, especially the rental housing market, property experts say.
The number of new residential projects launched at Hua Hin has fallen from 1,061 units in 2007 and 1,001 units last year to only 190 units in this year. However, demand for project homes has recovered in the third quarter of this year from what appears to have been the bottom of the slump in the first six months of the year.
The managing director of property agency Knight Frank Charter (Thailand), Phanom …
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