TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Low-Cost Pattaya Condo Market Alert

Category: Real estate, Posted:23 Oct 2012 | 06:00 am

Leading Thai listed property development firm Raimon Land have signaled a potential red flag for buyers in the surging Pattaya property sector.
With nearly 30,000 condominium units expected to complete between now and 2015 a rising tide of projects are being placed on hold.
Gleaning research data from their Condominium Focus Publication which cites off beach and those not offering views as the those seeing slow market absorption rates.
Risk factors tend to be compounded where sufficient pre-sale levels are not hit, resulting in banks unwilling to release construction finance.
The report does sum up that overall market conditions remain vibrant on a broad basis and is continuing to see healthy segmentation between domestic and international buyers.

Other News

Read more

Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
Read more

The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
Read more

Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
SiaJai logo

Thailand's Leading Homecare Marketplace