The heightening anxiety over the US Federal Reserve's plan to scale back its monthly asset purchases, the domestic political situation and stuttering economic growth have spurred a fresh round of sell-offs in the Thai stock market.
The sharp retreat of Thai shares, which sent the benchmark SET index into a bear market after diving 20% from the year's peak, offers opportunities to snap up cheap property funds with a decent chance of capital gains when the market picks up.
With their steady income stream, better returns than banks' deposit accounts and attractive valuations, property funds are worth adding to an investment portfolio amid the growing uncertainties. They also offer diversification benefits, a cost-effective way of gaining exposure to physical property, and higher trading liquidity than investing directly in bricks and mortar.
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