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The Vision Condo Pattaya

The Vision Condo Pattaya

Pattaya property developer Matrix Developments see great future of Pattaya property market, with the company’s plans launching new projects for the next couple of years. (The Vision Condo Pattaya, Amazon Resort Residence , City Center Pattaya, The Sky Condo)

With a vast portfolio of developments already under its belt, Matrix has undoubtedly become one of the key players in the real estate sector in Pattaya. Currently Matrix Developments is marketing two major projects; the first being The Vision Condo Pattaya on Pratumnak Hill, described as “a world-class high rise building offering state of the art architecture, beautifully designed with many facilities in one of Pattaya’s most desirable locations.”



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Foreign Investment in Pattaya Property Market Reaches New High

FOR SALE: VIEW TALAY 2B, 2 BEDROOMS - JOMTIEN SIDE

Pattaya identified as key destination worthy of investment.

“The Thai condo market is booming at the moment. The country’s new infrastructure project has helped transform the condo market in cities like Bangkok and Pattaya”, says Lee Chettoe, Sales Manager at Knight Knox International.

These infrastructural plans, which are expected to improve accessibility across the country, are set to aid Thailand’s already-thriving tourist trade. The Ministry of Tourism and Sports reported that over 22 million tourists visited Thailand last year, holidaying mainly in the popular regions of Pattaya and Bangkok.

Published in Pattaya of the Future
Wednesday, 27 March 2013 10:50

The Best Location in Pattaya Property Market

The Best Location in Pattaya Property Market

Many of Joe Lizzerd’s potential customers, and current satisfied customers looking to invest more in the Pattaya property market, ask us about the overall geography of Pattaya, and characteristics of each area, to consider when making their investment decisions. We hope the following overview and descriptions will serve this purpose!

Pattaya is a city located on the east coast of the Gulf of Thailand about 165 km southeast of Bangkok. It is within, but not under the jurisdiction of amphoe Bang Lamung in the province of Chonburi. The city of Pattaya is a self-governing municipality that covers the whole tambon of Nong Prue, Na Klua, parts of Huai Yai and Nong Pla Lai. It is located within the heavily industrialized eastern Seaboard zone, along with Sri Racha, Laem Chabang and Chon Buri. It has a population of 556,916 and covers an area of 49.37 Sq km.

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LH_House-20110128133710

The Thai price index for single detached houses dropped by 1.15% (-3.59% inflation-adjusted) during the year to end-Q2 2012, according to the Bank of Thailand (BOT), the country’s central bank.

On a quarterly basis, it fell 1.81% (-3.03% inflation-adjusted) in Q2, the second consecutive quarterly decline.

However during the year to end-June 2012:

The price index for townhouses rose 3.3%

The price index for condominiums rose 6.8%

The residential land price index increased by 0.5%

FOR SALE: MR.BOND at THE BEACH, STUDIO-1BED-DUPLEX

FOR SALE: MR.BOND at THE BEACH, STUDIO-1BED-DUPLEX

Low-priced Pattaya condominiums the trend de jour for both developers and buyers, The future prospects for the Pattaya real-estate market were outlined and discussed at a seminar held August 8 at the city’s Eastern Grand Palace Hotel and attended by a wide representation of local developers, real-estate agents and investors.

Organised by REBA Eastern Seaboard, the regional chapter of the kingdom’s primary association of realtors, the headline speaker at the meeting was Dr. Sopon Pornchokchai, President of the independent Agency for Real Estate Affairs (AREA), who recently conducted a comprehensive and exhaustive survey of the region’s property sector.



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ZIRE WONGAMAT TOWER - NAKLUA, PATTAYA

ZIRE WONGAMAT TOWER - NAKLUA, PATTAYA

At the begining of August 2012, more than 100 Thailand realtors and developers attended a seminar organised by the Eastern Seaboard division of the Real Estate Brokers’ Association (REBA-ES) to learn the results of a major independent survey on the state of the local Pattaya property market.

The survey, conducted in July by a team of over 20 researchers, was the largest and most detailed survey of the Pattaya market to date and covered data from 233 developments currently on sale(Pattaya New Development for Sale) in the Pattaya city and surrounding area.

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