Increased political uncertainty will have a negative impact on investment sentiment in Thailand’s real estate market as it has dampened investor confidence, according to international international property services and consultancy firm JLL.
The company said the Constitutional Court’s disqualification of caretaker prime minister Yingluck Shinawatra on Wednesday had heightened the political uncertainty.
The judgement has not resolved the political crisis and has sparked fears of new violence by the government’s supporters.
Keep up-to-date with the latest on coup d'etat with Bangkok Post SMS News. Call *451391000 to subscribe – 39 baht/month (7 days free, available in Thailand only) Bangkok Post SMS News: Deliver only trustworthy news on SMS
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.