PRESIDENT'S MESSAGE

NOTES FROM THE EDITORIAL COMMITTEE

GLOBAL FINANCIAL CRISIS

• The human foundations of financial risk
• Credit default swaps almost bring down global financial system
• Housing Finance: too much finance, not enough housing?
• Global financial crisis 2008: Thai real estate market impact
• Dynamics in the mortgage market – South Asia
• Financial globalization and emerging market economies
• Global financial crisis 2008 : a view from Thailand
• Declaration of the summit on financial markets and the world economy

REAL ESTATE TRENDS

• The Sukhothai residences establish “Luxury” condominium benchmark
• The Park Chidlom – successful city-center luxury condominium
• Raimon Land - building dream condos eagerly sought by foreign purchasers
• Thailand's land property industry direction
• GH Bank's role in the International Union for Housing Finance

LEGAL TRENDS - THAI REAL ESTATE

• “Proxy or nominee” property-purchase policies clarified by government
• New escrow act – still voluntary for property transactions
• New condominium act – victory for consumers
• Property developers beware: advertise at your peril
• Condominium maintenance and major-damage remedies : repair, revocation or sale
• Property transactions and security interests under Thai Law

REAL ESTATE WISDOM SERIES

• Vichittra Sukhamongkol - tough business woman fought her way to top of development world
• Chuan Tangmatitham – career developing 100 successful housing projects
• Chaiwat Luengamornlert – successful developer of major amusement parks