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THB50 Billion In Condos Launching In Hua Hin

Category: Real estate, Posted:29 Feb 2012 | 06:00 am

My mind is reeling from an article in a recent Nation newspaper about more than THB50 billion or 8,000 condos coming to market in Hua Hin this year.
Of course the magic THB2 million market comes up in discussion, and pricing generally is at levels unheard of in the Phuket resort grade property sector.
Most of the developments are coming from Thai listed firms such as Sansiri, SC Asset Corporation, Quality Houses, Issara United (affiliate of Sri Panwa's Charn Issara), Major Development and Baan Ratchaprasong.
Much talk continues about Thai buyers being motivated by the flood for second homes outside Bangkok and certainly both Hua Hin and Pattaya are seeing a strong domestic surge in transaction activity.

Other News

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C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]
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Destination Ink Radisson For Patong Hotel

Category: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]
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Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]
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