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

 


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Thailand Property News (98)

Tuesday, 11 December 2012 11:22

Thailand Property Overview (50)

propertyoutlook1

A brief overview of property development in Bangkok, Phuket, Samui, Chiang Mai and Pattaya.

PATTAYA

Pattaya, located on the east coast of the Gulf of Thailand, is certainly the jewel in Thailand’s eastern development crown, but it’s by no means the only diamond in the rough. Developments in locales surrounding Pattaya such as Jomtien, Sahathip, Pratumnak Hill and Mabrachan Lake are providing good investment opportunities. And with the new international airport – Suvarnabhumi – just an hour away, one could say that the sky is the limit for the sheer size and scale of future Pattaya property developments, and the international agents that wheel and deal them.



VILLA FOR SALE, PRATUMNAK, 3 BEDROOMS:FOR SALE

VILLA FOR SALE, PRATUMNAK, 3 BEDROOMS:FOR SALE

Investors can rest assured that resort and retirement destinations in Thailand, that claim proximity to natural attractions and increasing ease of transport, like Pattaya, Hua Hin, Khao Yai, Phuket and Chiang Mai, will continue to boom.

The Thai property market today offers an increasing number of options for resort homes and retirement destinations. There is a clear choice: Hua Hin, Pattaya and Phuket are at the forefront of beach destinations, while Chiang Mai and Khao Yai are the top choices for those seeking the hillside resort experience. Each category is unique in character, cultural heritage and the type of tourist and buyer it attracts. The common denominator that has been key to the development of these locations is accessibility.

Sofitel_bangkok
In our interconnected and globalized world, we realize that Florida and Thailand are actually faced with similar challenges and opportunities in a time of social and economic crisis. It is thus quiet legitimate to ask oneself “what do these two places have in common?” when so much seems to be differentiating them, with the exception of a year-round tropical climate and laid-back attitude towards life in general.

9,707 miles (15,621 km) separate Miami, Florida from Bangkok, Thailand[1]. Two great metropolises located literally at the opposite side of the world, with very distinct histories, languages and cultures.

Bonanza Khao Yai Group

Bonanza Khao Yai Group has diversified from hospitality business by announcing the development of a Bt975-million residential project on a 75-rai (12-hectare) plot in Khao Yai, with a focus on the middle-to-upper-income market.

This is the second project launch in Khao Yai in this week, following the announcement of a Bt1-billion condominium, 360 Degree Pano, by Khunying Sasima Srivikrom's Sasi Sombat company.

asean
Thailand: Gross rental yields (%).

The gross annual rental income, expressed as a percentage of property purchase price. This is what a landlord can expect as return on his investment before taxes, maintenance fees and other costs.

The properties are 120-sq. m. apartments located in premier city centres. (See our list of premier cities).

The gross rental returns (or rental yields) figures published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research.

Only resale apartments and houses are researched. Yields for newly-built properties are not included.

Buyers should expect the rental yields of new properties to be lower than the gross rental yields published by the Global Property Guide.

Properties will be in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.

Source: Global Property Guide Research

 

Thailand releases a quarterly house price index through the Bank of Thailand. The same source publishes general economics statistics. Regional price indices are available from the Bureau of Trade and Economic Indices.

Indonesia

9.31%

Philippines

8.62%

Thailand

6.53%

Malaysia

6.21%

Cambodia

5.33%

Japan

4.46%

Hong Kong

3.11%

Singapore

2.95%

India

2.68%

China

2.66%

Taiwan

1.57%

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Wednesday, 28 November 2012 12:18

Healthy Economic Growth in 2012

1-southpoint
SOUTHPOINT PATTAYA - PRATUMNAK

Thailand is a middle income, constitutional monarchy with a GDP per capita of US$5,394 in 2011. Apart from the metropolitan cities of Bangkok and Chiang Mai and the beach havens of Pattaya and Phuket, most of the country remains rural.

After GDP growth of 7.8% in 2010 and a contraction of 2.3% in 2009, GDP expanded by a meager 0.065% during 2011, mainly due to the floods that hit the country in October.

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

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

Thailand property firms Major Development, CMC Group,confident 2013 Thailand Property market will be better than 2012's level, yesterday announced plans to launch residential projects worth Bt13.3 billion combined 2013. Major Development will launch four condominiums and serviced-apartment projects worth Bt7 |billion.

CMC Group plans to launch eight projects worth Bt4 billion, while Aquarius Estate will launch three projects together valued at Bt2.3 billion.



66 CONDOMINIUM, 1 AND 2 BEDROOM, SPLENDID NIGHTLIGHT

66 CONDOMINIUM, 1 AND 2 BEDROOM, SPLENDID NIGHTLIGHT

In Part 2 of this two-part series, we now look at a list of measures that would significantly decrease the risk when buying or selling land or property in Thailand.

Preventative Measures

The following is a list of measures that would significantly decrease the risk when buying or selling land or property in Thailand:

1-skylight

SKYLIGHT JOMTIEN

Real Estate is a very high value industry, which inevitably makes it a prime stamping ground for rip-off merchants and scam-artists, particularly in Thailand, sometimes dubbed the Land of shark smiles”. Naïve, would-be investors make perfect victims for the unscrupulous, who delight in taking the shirts from off their backs, especially in Fun Town, where anything goes and scams are legion.

Wednesday, 14 November 2012 10:49

Pattaya Property And Thailand’s Real Estate

How to Buy Thai Condominiums, Apartments, Homes & Villas

1-New_Book

Welcome to Thailand – the Land of Smiles!

With its warm, tropical climate, exotic landscapes, crystal blue seas, golden sandy beaches, welcoming people, delicious cuisine, array of entertainment options and affordable prices, it’s easy to fall in love with Thailand.  So it’s hardly surprising that Thailand has become one of the world’s most popular tourist destinations, attracting 20 million tourists from all over the world every year.  And the most popular resort city of all is …

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