As the sun sets, two fishermen stand in the shallows, casting their nets into the still waters. An eagle flies past, heading home to roost on the nearby cliffs. From the water’s edge roofs dot the tropical hillside, shaped like the up-turned hulls of sailing boats waiting to be set…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
On 3rd February 2009 an article appeared in Property Report Asia which claimed Phuket property experts were saying that Phuket residential real estate is overpriced.
It transpired, on reading the article, that there was little substance for this apart from the comments made by one estate agent. As it was obvious that this article had been badly researched and lacked any
substantial evidence we decided to launch our own investigation into the status of the Phuket property market. 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
Unstable politics and tighter credit have hit the local market hard in the latter half and no end to the gloom is in sight. But this acid test will leave the industry in better shape than ever, with only truly tested warriors the last men standing Continue reading
Formula 1 world champion Kimi Raikkonen joined real estate agents, investors and fellow purchasers at Outrigger Serenity Terraces Resort Phuket in Thailand on October 4 to celebrate completion of phase I of the property. Raikkonen has purchased an absolute beach front pool villa at Serenity Terraces, which is on Rawai…Continue reading
Investment outlook for condominium properties in Thailand remains strong despite current ongoing political discussions in the Thai government says Sathorn Gardens developer Pacific Star. Continue reading
Hilton Hotels Corporation announced that its subsidiary has signed an agreement with CPN Pattaya Beach Co. Ltd (a subsidiary of Central Pattana Public Company Ltd) to manage the Hilton Pattaya, a 300-room upscale full service hotel in the beginning of 2010. Koos Klein, Area President, Hilton Hotels – Asia Pacific commented, “With its rich diversity of culture, climate and topography, Thailand continues to be an extremely popular destination. Continue reading