Thailand Real Estate Magazine

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Land prices on Patong Beach in Phuket now reach 100 to 200 million baht per rai (250,000 to 500,000 per square wah), showing strong demand from high-end buyers

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.

CB Richard Ellis’s experience with selling resort properties started in 1990 with Laguna Phuket, where we were involved in the master planning, launch and ongoing sales of its residential condominiums.

CB Richard Ellis Thailand was the first international property consultant to operate in Thailand, opening in 1988. It has grown to four offices- Bangkok, Phuket, Koh Samui, and Pattaya

The tourism industry continues as the main driver behind interest in Thailand’s resort condominiums, with holiday destinations close to Bangkok receiving the most attention

Amid the current political turmoil, most of the resort properties and high-end condominiums in Bangkok are still doing well depending on their location, design and price point.

Thailand’s biggest international real estate provider, CB Richard Ellis, has reported soaring interest in holiday home investment, which it attributes to booming tourism and an increase in flight links.

Siam Zokai, the property arm of Saha Group, has set aside an investment budget of about Bt5 billion for the development of property projects worth Bt7.6 billion in Bangkok, Phuket and Chiang Mai

Thailand’s property market remains extremely buoyant despite a number of challenges it faced last year, while continuing to hold enormous potential for accelerated growth.

A total of 24 luxury residential projects with 7,000 units worth up to Bt60 billion in Bangkok and tourist destinations Hua Hin, Rayong, Pattaya, Phuket have joined the Siam Paragon Luxury Property Showcase running until May 18 at Siam Paragon.