Archive for price escalation

You are browsing the archives of price escalation.

Pattaya seeing a slowdown as supply jumps significantly

Pattaya seeing a slowdown as supply jumps significantly

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.
The sheer volume of space at this point is likely to exceed the level of end-user demand in the [...]