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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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Dusit Ties Up With Layan Verde Phuket Branded Residences

Category: Hotels|Real estate, Posted:26 May 2024 | 16:53 pm Thai hospitality group Dusit International has signed a deal with VillaCarte Group for their upcoming Layan Verde project in Bangtao Phuket. The agreement covers 633 units under two brands – Dusit Residences and a Dusit Collection Hotel. An opening is planned in 2027 with a key highlight being an EDGE environmental certificate. VillaCarte Group has […]
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Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
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The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
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