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There are about 10,153 condominium units in 20 projects were launched in Pattaya during the first half of 2013, which boosted supply by 32.9% from the end of 2012 to 40,939 units, according to Knight Frank.

The Jomtien area gained in popularity with 4,247 units, or 42%t of new units, the real-estate consultancy said. "Pattaya has become one of the most desirable seaside locations. It is easily accessible to major destinations in Asia, supported by the government's infrastructure investments, including the upgrade of U-tapao Airport's capacity to 5 million passengers per year, as well as the planned high-speed rail link connecting Bangkok to Pattaya, which will help drive traffic to the resort city.

Published in Pattaya Property News


Asian economic growth is expected to continue to increase demand for office space across the ASEAN region, with domestic occupiers leading the push for prime space, according to research by Knight Frank Asia-Pacific.

The property consultancy's Prime Office Index rose for the 12th successive quarter, increasing 1.7 per cent in the January-March period of 2013 and 5.6 per cent over the last 12 months. Fifteen of the 19 prime office markets tracked saw prime rents increase in the first quarter.

Published in ASEAN News

Strong Demand for Eastern Seaboard Industrial Land in Thailand Continues to Rise

As the leading real estate service provider in Thailand, Knight Frank Thailand’s latest research shows how demand for industrial land on the Eastern Seaboard in Thailand has continued to increase long after the floods of 2011.

“Locations that enjoy the best labour availability and logistics infrastructure will continue to be the most preferred areas, especially if they did not flood in 2011.” Marcus Burtenshaw, Executive Director, Head of Commercial Agency, Knight Frank Chartered (Thailand) Co., Ltd said.

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