Pattaya Condo

 

Live in Pattaya


Thailand Property Market Has Continued to Grow Strongly

According to Real Estate Information Center (REIC) director-general Samma Kitsin says, Thailand property market has continued to grow at 5% this year thanks to strong demand for condominiums in the vicinity of the mass transit system.

Next year is also likely to witness growth of 5-10% following the government's Bt2-trilllion infrastructure mega-project that will drive demand for residences in the vicinity of the new mass-transit routes.

Published in Latest

 CBRE Thailand 25-Anniversary

CBRE Thailand just spent it's 25th anniversary this month, during these years, Bangkok condominium market has grown from less than 10,000 units in 1988 to over 350,000 units today. CBRE Thailand managing director Aliwassa Pathnadabutr said the market will likely become even more competitive, as more supply is continuously added.

The Sukhumvit area has shown the largest price increase in recent years due to continued redevelopment of the skytrain and new major retail and office developments. CBRE Thailand said the completion in 1999 of the BTS skytrain and in 2004 of the MRT underground have completely changed land development patterns, cemented the position of the CBD and defined future development corridors.



Foreign Investment in Thailand Property Market

THE CITY CENTER PATTAYA - City Living in Style by Matrix

Pattaya is a vibrant beachfront city lined with mind-blowing architecture and luxury hotels. The condominium market is extremely popular with investors in the area, with the second half of 2012 seeing the launch of over 7,000 new units and a take-up rate as high as 69%.

Travel 150km north and you will arrive at Bangkok; a city abundant with magnificent palaces, grand temples and traditional street markets. These features have helped its tourist status grow to an unconceivable level, as shown by a recent accolade awarded to Bangkok by the Travel & Leisure Magazine, who voted it the best city to visit in the world in 2012.



Published in Pattaya of the Future

CITY GARDEN, SOUTH PATTAYA

FOR SALE: CITY GARDEN PRATUMNAK, STUDIO -2BED - PRATUMNAK HILL

Condo sales in Pattaya continue to grow and Joe Lizzerd wants to give our prospective expatriate and overseas purchasers an accurate overview of the more important aspects of condominium law in Thailand.

Thailand’s Condominium Act 2008 defines a condo similarly to the corresponding definition in many other countries: a building that can be divided into units for individual ownership and in which owners will have ownership of common property.

Published in Lifestyle & Events

Property Bubble Set to Form at Low end of Thai Market

A majority of mortgages are at the low end of the Thai market and increase the risk of a bubble forming in this segment, partly because of euphoria over the forthcoming Asean Economic Community.The mortgages are to set a new record of 21 to 22% of Thailand’s gross domestic product (GDP) over the next two years, reported Live Trading News.

Markets have been unsettled due to a recent warning from the Bank of Thailand about growing household debt.

Published in Latest

FOR SALE: THE TRUST RESIDENCE - NORTH PATTAYA by Q-HOUSE

FOR SALE: THE TRUST RESIDENCE - NORTH PATTAYA by Q-HOUSE

Thailand Government and property developers both agree that at present Thailand there's no need to adopt measures to control speculation in the Thailand property market, akin to those introduced in Singapore past weekend.

Thailand Central bank governor says no irregularities in property market stimulus behind buying spree.

MOVENPICK Residences WHITE SAND BEACH - PATTAYA

MOVENPICK Residences WHITE SAND BEACH - PATTAYA

Thailand Listed property firms will announce investments totalling at least Bt150 billion in each of the next two years, with 216 residential projects expected to be launched during 2013.

According to a survey by The Nation, some Bt150 billion is the value of the projects themselves, while a similar amount is the capital required over two years to buy the land for development of the estates. 

Half of the overall Bt300 billion will come from developers' cash flow, and the other half from the issuance of debentures and bank borrowings.

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THE AXIS CONDOMINIUM, BEST LOCATION IN PATTAYA (BLD B)

THE AXIS CONDOMINIUM, BEST LOCATION IN PATTAYA (BLD B)

Thailand government's policy to splurge more than Bt1.1 trillion from 2013-19 on infrastructure is redrawing the landscape for Thailand Property market.

"This is a time to change the Thailand property market to urbanisation rather than focus on Bangkok only," Naporn Sunthornchitcharoen, senior executive vice president of Land & Houses Plc, said on 25 Dec, 2012.

Urbanisation means the market will expand from Bangkok's central business districts (CBDs) to the outskirts of the capital and beyond the border as well as to major provincial cities.
Building techniques will be developed to speed up the construction process so that supply can meet the surging demand for residences both in Bangkok and upcountry.

CENTARA AVENUE - Residence & Suites Pattaya

CENTARA AVENUE - Residence & Suites Pattaya

Referring to a discussion with chairman of the Thai Real Estate Association, the house said that the central bank is more concerned with possible bubbles in the property market. It is prepared to launch new preventive measures like the more stringent loan to value rule.

The central bank's Labour Sourcing Difficulty Index in the month was below 50, indicative of business operators' hardship in sourcing workers. As another hurdle for condominium development, the requirement for the environmental impact assessment (EIA) would also delay their projects as the process could take 6-12 months. 

Published in Latest

SEVEN SEAS CONDO RESORT - JOMTIEN

SEVEN SEAS CONDO RESORT - JOMTIEN

Thailand Developers remain confident that the Thailand property market will increase by 5-10% in 2013 based on strong growth in gross domestic product, anticipated at 4-5%.

Buoyed by this confidence, they plan to launch new residential projects worth more than Bt200 billion next year both in Greater Bangkok and upcountry, especially Chon Buri, Pattaya, Hua Hin, Chiang Mai, Phuket and Khon Kaen.

Published in Latest
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