The property market in the Thai resort of Pattaya is bouncing back again to become a hot spot for condominium buyers, attracting foreign and Thai investors, according to consultants. Pattaya’s strategic location will continue to be a key driver for growth in tourism and its property market, says international real…Continue reading
The Pattaya, Thailand property market is growing in popularity and more big developers are expanding their investments in the area, The Nation newspaper has reported. Listed developer LPN Development is a new name in the resort town market. The company recently launched its first condominium project in Pattaya called Lumpini…Continue reading
Raimon Land’s latest condominium in Pattaya, Zire Wongamat, has made a promising debut, with 20 per cent of the 480 units being sold within two weeks after its official launch in January. According to an initial sales data, the project has attracted Thai buyers aged 40 and under from Bangkok….Continue reading
Nationalities of condominium buyers in the Thai city of Pattaya have changed dramatically since 2010 – from the Europeans and Scandinavians working in the Asia Pacific region to local Thais and expatriates who reside in Bangkok, according to the latest Pattaya Market Report published by Knight Frank Thailand. The company’s…Continue reading
Pattaya’s real estate and tourism markets will grow by 5% and 10%, respectively this year, regardless of the political situation, says Jugkarut Ruangratanakorn, vice-president of Ratanakorn Asset Co Ltd, a property firm in the seaside resort city. The Pattaya real estate market slowed last year and will remain sluggish in…Continue reading
Luxury property developer Raimon Land teams up with Thailand’s top golfing star, Thongchai Jaidee, to invite customers to move in to the prestigious Northpoint project in Pattaya, set to open in early 2010. As a brand ambassador for Raimon Land’s luxury Northpoint project, Thongchai Jaidee has selected the exclusive Northpoint…Continue reading
Pattaya has an image problem. Conventional wisdom holds that the seaside city is a uniformly unsavory red-light destination, one that’s far from family-friendly and somewhat at odds with up-scale real estate development. Continue reading
Stephen Michael Carleton, a resident of Pattaya for the past 15 years, died in his sleep on April 22, 2009, aged 43. Continue reading
Despite the current global economic slowdown, luxury real estate developer Raimon Land remains committed to the long-term potential of the Thai property market with the launch of the 417-unit second tower at The Lofts Southshore in Pattaya Continue reading
Pattaya is currently witnessing a slowdown with a very significant volume of new supply entering the market in 2008 and a lot more in the pipeline for 2009, says Robert Collins, managing director of Savills (Thailand) Limited. Continue reading