Pattaya Real Estate Turns Eye To Offices
In the aftermath of last year's Bangkok flooding, talk in the property sector has speculated that the country needs a second business city.
As the Eastern Seaboard automobile industry continues to be a key growth sector, more and more businesses are starting to eye Pattaya.
The residential developer Tulip Group looks set to test the market with a new THB2 billion commercial building.
Rising 44 floors the project is looking to tap into what is considered a growing office market.
Phuket continues to lapse on the trend, with the exception of the new multi-story Chalong Concrete office building on the bypass road.