Property News

The Bank of Thailand (BOT) raised its economic growth forecast for this year to 3.5 percent from 3.4 percent.

A property expert has revealed which city he thinks is the buy-to-let hotspot. The expert identified Manchester as “on the up”, and bucked the trend for investors normally focusing on London. Manchester consistently appears in top ten places for rental growth in the UK, and the rental yields have reached “almost nine per cent year-on-year”.

Manchester is the youngest place in Britain outside London - and getting younger. The average age of people in Manchester in 2016 was 33.1 years old.

The BBC’s northern home is to double in size within ten years after local council gives go-ahead. MediaCityUK, the BBC’s home in the north of England, is to double in size geographically over 10 years as television production companies are increasingly priced out of London and the south-east.

June sees biggest monthly rise for two years, with property values up 1.1 per cent. House prices bounced back in a big way after suffering their most prolonged decline for eight years, according to figures published today.

Thailand's economy could manage up to 3.8% growth this year if exports continue growing, says the government's planning unit. The economy is expected to take off strongly in the second half of the year, driven by growing exports, higher private investment, improving farm prices and accelerated infrastructure development, said Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB).