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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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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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Japanese Luxury Brand Hoshinoya Heads To Niseko

Category: Hotels|Real estate, Posted:14 Oct 2022 | 17:42 pm Leading Japanese hotel operator Hoshino has inked a deal for a luxury resort in Niseko with developer Zekkei Properties. Located in a prime ski-in and ski-out location in Upper Hirafu Village, the 62-unit hotel and residence property will be named Hoshinoya Lodge Niseko. With one of Hirafu’s best locations, the site was formerly occupied by […]
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Phuket and Beyond, A Brief Friday Hotel Update

Category: Hotels, Posted:14 Oct 2022 | 10:24 am In Phuket, Wyndham Vacation Resorts has signed a deal to manage the 50-key Zenmaya Oceanfront in Kalim. The property will be under the Trademark Collection by Wyndham. There are synergies for the hotel given it is located across a main coastal road from the Wyndham Grand Phuket Kalim Bay. Regional carrier Myanmar Airways International (MAI) […]
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