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Pattaya Property News & Blog


Pattaya Property News & Blog Supplied by Pattaya Condo Property Sales & Rentals, Real Estate Management.


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Transportation Infrastructure Projects Will Ready Thailand for AEC

Thailand Prime Minister Yingluck Shinawatra said yesterday the government stands ready to go ahead with its Bt2-trillion transportation-infrastructure project as a means to prepare for enhanced Thai-Asean links and liberalised trade with both Asean and non-Asean partners.

Meanwhile, according to the commerce minister, state subsidies for agricultural products will be adjusted to strengthen the sector before the country joins the full Asean economic integration planned for January 1, 2016.

Published in ASEAN News



Thailand "Green" property demand will grow when the ASEAN Economic Community (AEC) take effect in 2015, as more multinationals setting up regional operations will opt for renting such facilities rather than normal office buildings, according to an expert. Thailand well placed to attract multinationals seeking HQ in Asean; green building costs 'don't have to be too high'

Assistant Professor Atch Sreshthaputra, a lecturer in the Architecture Faculty of Chulalongkorn University and an expert in green buildings, said most property developers still had concerns about the cost of constructing green buildings, believing that the investment would be higher than for a normal building.

Published in ASEAN News

THE RIVER CONDO for Sale in Bangkok

THE RIVER CONDO for Sale in Bangkok

Thailand joined Indonesia, Malaysia, the Philippines and Singapore in establishing the Association of Southeast Asian Nations (ASEAN), signing the Bangkok Declaration at the Ministry of Foreign Affairs in Thailand on 8 August 1967. ASEAN was conceived with an aim to promote peace and accelerate economic growth, social progress and cultural development in the region through joint endeavours in a spirit of equality and partnership. It evolved to become a main driving force for the region and later on expanded to include every country within the region.

Published in ASEAN News

Centric Sea Pattaya

Beijing China August 2013 Property event aims for sales and brand promotion to foreigners in run-up to AEC.

SC Asset Corporation, the Thailand property-business firm of the Shinawatra family, plans a roadshow in Beijing in August to expand its customer base overseas and help boost its total presales to Bt15 billion in 2013. There're 2 projects to be featured at the roadshow in Beijing are Centric Sea Pattaya and Centric Ratchada-Huai Khwang worth a total of Bt5.4 billion. SC Asset targets to sales worth Bt400 million in the Beijing Property event.

Published in Latest

Thailand May Become Center for Regional Operating Headquarter for AEC in 2015

The Wall Street Journal reports that as implementation of ASEAN Economic Community 2015 is approaching, Thailand is aiming to become center for Regional Operating Headquarter (ROH) for multinational companies who would like to setup their regional operating headquarter to expand their operation within the region or to prepare itself for the upcoming AEC in 2015.

Strategically located within Southeast Asia with networks of modern infrastructures, quality skilled labor, easy access to raw materials and attractive tax incentives significantly represent a cost-effective investment for any companies who want to save costs and at the same time remain competitive.

Published in Lifestyle & Events

The Asean Economic Community looks at Thai tourism and investment trends

Is Thailand’s lack of competitiveness with other Asean countries, internal political problems, and lack of English speaking qualified human resources, going to weaken the tourist industry?

With a record high of 22 million foreign-tourist arrivals in 2012, the country is demonstrating lasting strength in tourism. Projections for 2013 are for the industry to beat last year's record with 24.5 million arrivals. This is good news for hotels and serviced apartments, which can expect higher occupancy and the opportunity to push for higher room rates.

Published in ASEAN News

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2013 is expected to be a golden year for the hotel industry in Thailand, with a parade of new openings in major tourism provinces thanks to improved political stability, which has created a better investment climate, and the upcoming Asean Economic Community (AEC) single market in 2015.

According to data released by the Thai Hotels Association (THA), an estimated 3,919 new rooms, mainly four- and five-stars, will be added to the market during the course of the year.

Published in Latest
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Thailand property firms are focused on expanding their investment in the provinces and overseas amid high competition and limited demand in Bangkok and the suburbs.

Among provinces, the focus is on border areas as Udon Thani, Ubon Ratchathani, Kanchanaburi and Chiang Rai. There has been strong demand from local and foreign investors who aim to use Thailand as their gateway to neighbouring countries once the Asean Economic Community (AEC) comes into effect in 2015.



Thailand Listed property firms are exciting to roll out residential projects in Udon Thani before the Asean Economic Community gets going in 2015, as the northeastern province is the gateway to Vientiane, the capital of Laos.

"Udon Thani has all the facilities to support people's lifestyles. Most retail businesses have opened a branch in this province," Naporn Sunthornchancharoen, senior executive vice president of Land & Houses, said last week. 

Published in ASEAN News



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.

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