Pattaya Condo

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According to London-based Knight Frank's second quarter 2012 Prime Global Cities Index, top tier properties located in top tier cities around the world are rising in value, despite a global economic slowdown.

Since its low in Q2 2009 the Prime Global Cities Index - which tracks the performance of the top 5% of mainstream housing markets - has been largely subdued, recording average quarterly growth of 0.8%.

The buoyant Asian markets kept the index in positive territory up until Q1 2012 when cooling measures and in particular restrictions on second-home ownership, led to a fall of 0.4% in the first quarter of 2012.

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According to Jones Lang LaSalle Hotels, Thailand, Indonesia and the Maldives are the next hotel investment markets to watch in the Asia Pacific region in coming years.

"We are seeing fantastic potential coming out of Thailand, Indonesia and the Maldives, backed by rising RevPAR (revenue per available room), healthy investor interest and solid travel demand. While hotel transactions in Asia and globally have slowed in the last year, investor sentiment remains strong for the right prospects, and these are markets are showing the greatest opportunity for capital value growth," said Tom Oakden, Executive Vice President of Investment Sales at  Jones Lang LaSalle Hotels.



Published in Financial News

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In a puzzling scenario, some Asia Pacific countries are seeing prices rising in their home markets despite a global economic slowdown, according to the latest edition of Knight Frank's Asia Pacific Residential Review compiled by Nicholas Holt.  His findings were posted in an online press release.

Hong Kong is seeing its strongest quarterly growth since third quarter 2009.

Published in ASEAN News
Wednesday, 12 December 2012 12:28

Buyers’ Guide for Condos in Pattaya (50)

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The biggest market among foreigners in Pattaya is condos. Like the rest of Thailand this is because of foreign ownership restrictions on land. Condo sales in Pattaya are equally supported by Thai buyers, due to the convenience and commutable proximity to Bangkok – providing a weekend holiday home. Condos in Pattaya are comparatively expensive compared to houses and their prices increase the higher you are probably (especially with rampant development destroying the view of the sea).

Pattaya’s housing and condo markets continue to prosper with an increasingly two tier market developing as both the established high and mid-range sectors perform equally well. They now directly rival private investment associated with he more established upmarket Thai resorts.

Published in Pattaya Property News
Wednesday, 14 November 2012 10:49

Pattaya Property And Thailand’s Real Estate

How to Buy Thai Condominiums, Apartments, Homes & Villas

1-New_Book

Welcome to Thailand – the Land of Smiles!

With its warm, tropical climate, exotic landscapes, crystal blue seas, golden sandy beaches, welcoming people, delicious cuisine, array of entertainment options and affordable prices, it’s easy to fall in love with Thailand.  So it’s hardly surprising that Thailand has become one of the world’s most popular tourist destinations, attracting 20 million tourists from all over the world every year.  And the most popular resort city of all is …

Monday, 24 September 2012 13:02

Pattaya Property Report - Part 2

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Buying Property in Pattaya

Real estate in Pattaya attracts a lot of attention, especially from big agents. All real estate here is supported by a professional network. By taking a walk around the town, it’s easy to see that there’s a large contingent of companies ready to dive into the lucrative, expanding market. Sales agents and property companies are nearly as easy to spot as 7-11s. The common price range of three to five million baht is the norm, however high-end beachfront property goes for significantly higher.

Published in Pattaya Property News
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