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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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Sansiri President: No Need for Stimulus Measures in Thai Property Market

Srettha Thavisin sees continued strong growth in Thai residential market

Despite an economic slowdown in the second half of this year, Thailand residential property market continues to show strong growth. Srettha Thavisin, the Sansiri president said this week.

"We do not need the government to launch any stimulus measures to boost the property market at this time," he said.



Demand for Campus Condos Strong in Thailand

The Uniloft Chiang Mai Which Opened in 2012

Campus condominiums are the latest trend for property firms seeking to develop new market segments, as they face a period of intense competition in traditional parts of the residential market that is expected to continue well into 2014.

Developers are trying to find new segments with reliable purchasing power, and have been focusing in particular on university students, many of whose families can afford to buy a condo located close to where their child is studying.

Published in Latest

The Base Central Pattaya: Latest High-Rise Development in Pattaya from Sansiri

The Base  Central Pattaya by Sansiri

Thailand listed Property Developer Sansiri continues to target its 2013 business growing to Bt48 billion in terms of presales, and to Bt34 billion in overall revenue. although Thailand economy seems likely to expand only slightly in the second half of 2013.

Srettha Thavisin, president of Sansiri, said in an interview that the company was maintaining its growth targets, due partly to a healthy backlog worth Bt63 billion of units that have been sold and are awaiting transfer to customers.



Published in Developer News

BAAN PLAI HAAD CONDO Pattaya

Baan Plai Haad  Condo Pattaya by Sansiri

Thailand's booming property market is hoping to attract wealthy Chinese buyers who are increasingly looking to set foot in places further afield from their traditional investment destination, Hong Kong.

According to the Financial Times, Thailand is one of the emerging property markets for mainland Chinese buyers. As many as 2.7 million Chinese tourists visited Thailand in 2012 and it is expected that their number will grow this year. Thai developers are hoping that some of them might choose to invest in real estate in the country, especially in Phuket, where construction of luxury accommodation is flourishing.



Published in Latest

The Base Central Pattaya: Latest High-Rise Development in Pattaya from Sansiri

The Base Central Pattaya

The Base Central Pattaya is the latest high-rise development in Pattaya from Sansiri. The Base Central Pattaya comprises two towers, 28 and 31 stories respectively with a total of 1112 units ranging in size from 28 sqm – 70 sqm. It is quite unbelievable that we will get another 30-storey high-rise on second Road.



Published in Latest

the-base-sansiri

The Base Condo Central Pattaya

Property developer Sansiri  has just launched its second high-rise condo project on second road in the heart of Pattaya, a project that is called The Base Condo Central Pattaya. Sansiri’s first development in Pattaya was the famous Baan Plai Haad that is a Grade A development. We don’t talk about the grade of a development in Pattaya because most of the developments are Grade D or lower. Sansiri’s third develpment in Pattaya will be the dcondo on Thepprasit Road.



Published in Latest

Thailand Property Report Q1 2013: High Revenue but low profit

High Revenue but low profit, most listed property firms reported revenue growth of 10-20% in the Q1 2013 concerned with the same period last year. However, most of them recorded lower net profits due to higher construction and marketing costs amid high competition.

But net profit and margins squeezed by increases in construction, marketing costs Continued growth in residential demand boosted listed property firms' revenue in the first quarter, with companies posting increases of between 10 and 20 per cent from the same period last year.

Published in Latest

New Beachside Luxury Condos on Phuket lauch by Sansiri

Thailand leading property developer Sansiri plc recently entered the Phuket luxury holiday home market with the launch of a new premium class beachfront condominium project valued at over THB2.8 billion (US$94 million).

Baan Mai Khao will sit right next to one of Phuket’s most pristine, peaceful stretches of sand at Mai Khao Beach, an area of notable natural beauty that has recently begun to emerge as one of the island’s most popular upscale tourist locations.



BAAN MAI KHAO Sansiri

Phuket luxury beachfront condominium project, Baan Mai Khao by Sansiri

The penetration of Thai developers into the Phuket residential market, which dominated by foreign buyers in very long times, now has piqued the interest of Thais, according to CBRE (Thailand).

CBRE's research shows that the launch last quarter of an luxury beachfront condominium project, Baan Mai Khao by Sansiri, has attracted significant Thai demand for a Phuket project, in part because of the loyal following Sansiri has in the market.



Published in Latest

New Takeoffs of Top Property Developers in Thailand

Pruksa detached-house project

The Plant Nawamin, the latest single-detached house project on Nawamin Rd by Pruksa Real Estate Plc, has been designed in a "Modern Contemporary" style, the firm said.

The project is designed for maximum functionality. With floor space between 126 square metres and 187sqm, there are two unit types: three bedrooms/two bathrooms and three bedrooms/three bathrooms, at a starting price of Bt6.6 million.



Published in Developer News
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