Prices expected to see steep increase Growing demand for homes in Hua Hin is presenting a challenge for property developers as both local and foreign buyers seek condominiums in the area, property agencies said. Risinee Sarikaputra, Knight Frank Chartered (Thailand)’s associate director of research and consultancy, said beachfront condominiums would…Continue reading
Thailand’s Charn Issara Development (CI) has revealed plans to develop two new projects in resort towns Cha-am and Hua Hin in response to growing demands from both local and overseas buyers. The first project in Cha-am will be a mixed-use development worth THB1.7 billion (US$56.84). The company will co-invest with…Continue reading
Hua Hin’s property market is shown signs of recovery with new project launches and increased sales on existing projects. As reported in the Bangkok Post, the market slowed down due to global economic recession in late 2008. Although demands from Thai buyers seeking holiday homes remained active, foreign demand seemed…Continue reading
uxury residential and villa projects in Hua Hin have begun aggressive marketing campaigns following a 30-per-cent drop in buyers – both domestic and foreign – in the first quarter of this year, compared with the first quarter of 2008. Continue reading
Land prices in the burgeoning beachside locations of Cha-am and Hua Hin, in adjoining Phetchaburi and Prachuap Khiri Khan provinces, continue to rise at an annual rate of between 5 and 10 per cent, despite the sluggishness blanketing much of Thailand’s property market Continue reading
Internal political problems are having a greater impact on the Thai property market than the global economic crisis, with no transactions made by foreign buyers and investors so far in this traditionally high season, said Duangjai Kraus, managing director of the Hua Hin branch of the property consultant Engel & Volkers (Thailand) Ltd. Continue reading
A star in its own right, Hua Hin continues to make its mark as a prime resort for all nationalities. Hua Hin and its surrounding seaside destinations – from Cha-am in the north to the beaches of Pran Buri in the south – have all felt the impact from the…Continue reading
Real estate developers targeting foreign buyers, especially those in tourist destinations, may need to adjust their business plans to make their products appeal to a wider group of potential customers, according to executives. Udorn Olsson, managing director of Para Development Co, the developer of Panorama Pool Villa in Hua Hin,…Continue reading
The country’s protracted political turmoil has had a negative impact on the luxury property market as investors and buyers hesitate to make decisions, says a broker who specialises in marketing high-end residences in Hua Hin, mainly to foreigners. ”[The property market in Hua Hin] has been so quiet [since the…Continue reading
With nothing certain in life including their retirement pensions, Europeans are actively searching for good places to live and Hua Hin is emerging as a prime destination. Continue reading