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Pattaya Property Chases The Pied Piper

Category: Real estate, Posted:25 Apr 2011 | 06:00 am

While Phuket remains entrenched with it's current identity crises about being primarily a foreign led real estate market, Thailand's other resort metropolis Pattaya is singing a different tune.
According to reports the destination now has 4,700 available condominium units. Colliers International reported approximately 3,400 new units were launched last year and that take up rates remain strong.
While the most popular market remains lower priced, small condos market absorption is continuing to fuel positive buyer sentiment.
Segmentation is by all reports more evenly divided between Thai and foreign purchasers hence overheating concerns look to be mitigated.

Other News

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Trio Of Phuket Start-Ups As We Go Local

Category: Tourism, Posted:23 Feb 2021 | 10:02 am Too often the image of Phuket does not reflect the power of local brands and entrepreneurs who are positively going about their businesses, despite the pandemic. Today we are pleased to present three episodes of C9 Hotelworks and Delivering Asia Communications Thai road trip video episodes that give short glimpses into the people and  innovation […]
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Why Phuket’s 70% Restart Needs Private Sector Support

Category: Tourism, Posted:21 Feb 2021 | 12:03 pm Last Friday I was able to attend the roundtable discussion that was organized by the Phuket Tourism’s Association’s Khun Bhummikitti Rukaengam at the Angsana Laguna Phuket. It was an impressive turnout, that included large numbers from both the island’s public and private sector and Minor’s Bill Heinecke was in attendance. What is now being proposed […]
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Phuket Sports and Wellness Resort Transacts

Category: Tourism, Posted:20 Feb 2021 | 15:08 pm The 114-room Thanyapura Sports and Health Resort Phuket has been sold to a Thai group. According to a public notice, the new owner is the Yenbamroong family, who are well known in Thailand’s petroleum industry. In the latest move, the sale effectively is a second step to unwinding the Thanyapura integrated education, sports, and health-oriented […]