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

 


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RESALE: SOUTH POINT CONDO, 1BEDROOM - KASETSIN SOI 7, PRATAMNAK.

Kingdom Property, under the leadership of Mr. Nigel Cornick, announced that its Eastern Seaboard portfolio recently reached estimated value of THB20 billion (USD642.6 million) in value only one year after launching its inaugural project, Southpoint Pattaya.

The Pratumnak Hill-based Southpoint Pattaya already boasts a 60 percent sales figure and is due for completion in 2015. It will soon be joined by a yet-to-be-named luxury residential project in the city’s Wongamat beach area, slated to comprise some 50 storeys.



Published in Pattaya Property News

Thailand Economic Slowdown to Limit Property Market Growth

FOR SALE: THE BLUE RESIDENCE PORCHLAND 3 , 1 BED/1 BATH - SUKHUMVIT 87, PATTAYA.

Thailand property firms launch special promotion campaigns in cooperation with commercial banks to boost their sales at this year.

Property experts believe the residential market will expand only slightly in the second half of 2013, in line with the economic slowdown, and that this will result in full-year growth of up to 10% - despite the sector witnessing growth of 18% in the first six months.

Published in Latest

Thailand Listed Developers Expect Property Market Continues to Rise

Thailand leading property firms believe the residential market will continue to expand over the remainder of the year, despite indicators pointing to only slight economic growth.

Developers are confident of achieving presales and total revenue targets for the full year, driven by plans to launch residential projects worth more than Bt100 billion during the second half - and on the back of solid revenue and net-profit growth in the first six months.

The Property Market Boom Returns to Rangsit Area in Bangkok

Rangsit area property market is booming again following the severe flooding late in 2011, with both listed and non-listed developers launching low- and high-rise residential projects worth more than Bt30 billion since October 1, 2012.

A survey have found that the number of new projects launched in the period comprised 16,663 units worth Bt27.8 billion.

Thailand Developers Rushing into Khao Yai Property Market

Because the land use restrictions coming soon in this area, concern over the new Nakhon Ratchasima land-use plan has developers racing to launch projects in the Khao Yai mountain resort area, with 4,650 units recorded in 2012-13, according to Colliers International Thailand.

The research house said recently that if the final master plan were the same as the draft, it would limit building area and building appliances, which would directly hit the Khao Yai property market.



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Property Market in Thailand Continues Boom

Many developers expect the integration of ASEAN countries to generate benefits for Thailand’s property market

In Thailand,more than 50 percent of new developers to launch projects in recent years were from other sectors including garments, jewellery and machinery, according to Monchai Orawongpaison, senior manager for project sales and marketing at property consultancy firm Colliers International Thailand.

Many developers have amassed land over several years and are not concerned that Bangkok’s new city plan may have an impact on the potential of plots, said Monchai. The new city plan is scheduled to come into effect from May, reported the Phuket News.



Published in Latest
Friday, 16 November 2012 12:06

Pattaya Property Report (46)

Golden_Tulip_Hotel
FOR SALE: GOLDEN TULIP HOTEL AND RESIDENCES, SOI BUAKAO -THB2,600,000

Pattaya is a jewel in Thailand’s property market, with new developments coming up like mushrooms to support the increasing demand from both Thais and foreigners for condominium units, apartments, single houses and villas. And with a new international airport just 60 minutes away, one could say that Pattaya real estate is a real diamond in the rough.

Many foreigners are now taking advantage of Thailand’s “retirement visas” which are issues to foreigners aged 50 and older, even if they are still working in their home countries. Pattaya has become a paradise for retired westerners. Many houses and condos are bought as first homes or second homes for both leisure and retirement residences. This has bouyed the real estate market in Pattaya.

Published in Pattaya Property News

CETUS BEACHFRONT PATTAYA, JOMTIEN

CETUS BEACHFRONT PATTAYA, JOMTIEN

Although the Thailand property market showed signs of a post-flood recovery in Q2 2012, financial results for the first six months of the year were still lower than in the same period of 2011.

Most property firms reported to the Stock Exchange of Thailand that the reason for this was that they could not deliver homes to customers on time, while some of them faced stiff increases in labour and construction costs. However, they did benefit from the reduction in corporate tax from 30 per cent to 23 per cent.

Published in Latest

RESALE: REFLECTION NA-JOMTIEN, Pattaya 5 STAR LUXURY CONDOS

RESALE: REFLECTION NA-JOMTIEN, Pattaya 5 STAR LUXURY CONDOS

Pattaya's residential-property market is continuing to show strong growth, according to research by Colliers International Thailand.

The number of new residential units in the first half of 2012 was similar to the total launched during the second half of last year. This was mainly because of a large number of smaller projects being introduced with a selling price of less than Bt3 million per unit, particularly within the Jomtien area.



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FOR SALE: WATERFRONT, RESALE, STUDIO, UNDER DEVELOPERS PRICE

FOR SALE: WATERFRONT, RESALE, STUDIO, UNDER DEVELOPERS PRICE

REBA-ES and the Agency for Real Estate Affairs proudly present a Seminar on the recently surveyed Pattaya property market. The survey was conducted by Dr. Sophon Pornchokchai, PhD, D.FIABCI, CRS, MRICS.

Gain a better understanding of the up-to-date market position as recently surveyed for investment purposes with:

An in-depth analysis of residential properties including single houses, duplexes, townhouses, shophouses, condominiums and land plots by eight price ranges.

Published in Latest
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