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Pattaya continues rise as development hotspot

Pattaya continues rise as development hotspot

Pattaya has been a focal point for development historically. In the past decade, Pattaya’s more popular areas such as Wong Amat, Phra Tamnak, Jomtien and Na Jomtien were developed heavily for the condominium market. With limited beachfront land along these beaches, developers are looking further down the coastline in areas between Bang Saray and Sattahip. […]

Yuan weakness and Chinese condo buyers in Thailand

Yuan weakness and Chinese condo buyers in Thailand

The exchange rate’s impact on buyer confidence adds to concerns resulting from the tourism slowdown. Chinese buyers now make up the largest share of foreign purchasers in the Thai condominium market. In addition to the fast-growing segment from mainland China, other Chinese buyers come from Taiwan, Hong Kong, Singapore and Malaysia. This has prompted many […]

Apartment Buildings Could Make A Comeback In Bangkok

Apartment Buildings Could Make A Comeback In Bangkok

Apartments have long been popular with expats living in Bangkok and while this group is growing slowly, the apartment market in the downtown area could be one more developers target moving forward. While condos are the most popular property type in the Thai capital, the market for apartments has potential to grow, according to CBRE. […]

Low Cost Housing Plans For Thailand Announced

Low Cost Housing Plans For Thailand Announced

Thailand’s Treasury Department announced that it would work on 2,000 units under the country’s low-cost housing project in 2018, reports local media. The government continues to look for ways that will allow low-income earners to purchase their own homes, which is a big issue facing many people at the moment. Land in the Udon Thani, […]

Opportunities for apartment developers

Opportunities for apartment developers

Although expatriate numbers are only growing slowly in Bangkok, there is still opportunity in the downtown residential rental market for apartment developers. The main demand for rental residences in downtown Bangkok comes from expatriate tenants. There were just over 85,000 expatriates with work permits in Bangkok at the end of 2017 with only 1.2% annual […]

Land & Houses earmarks Bt13 bn for land purchases, property development

Land & Houses earmarks Bt13 bn for land purchases, property development

LISTED PROPERTY firm Land & Houses Plc has set aside an investment budget of Bt13 billion this year to buy land for residential projects as well as for the development of commercial buildings – including retail and office space and hotels – in Pattaya and the Sukhumvit area of Bangkok. Some Bt7 billion of the […]