According to the Knight Frank, the amount of condominium units that were initiated inside twenty projects in the first six months of the year 2013 in Pattaya were about 10153.
The popularity obtained from the Jomtien place was units reaching to 4247. A consultant of real estate told that: “Pattaya gained to be the top location with seaside that is desired to be visited. One can access this place from all over Asia and is well assisted by investments made by government. It also added the up gradation by increased the capacity of U-Tapao airport to passengers ranging to five million annually and by developing a rail link of high speed that assists traffic to reach this great resort city.
With the commencement of 3114 units that are about thirty percent of the entire value, the place of North Pattaya or the Wong Mart got the second top desirable position after the Jomtein place.
This area is thought to be one of the busiest places due to its entertainment points, restaurants and shopping malls. Due to its crowdedness, it is not as fit for development of residencies. Only 992 units were launched in Pramtumnak.
Price is determined on the basis of views and locations. A single view of the sea brought Bt130000 in each square meter. The unit of sea view in Jomtien was sold at a range of Bt91372-Bt140000 and the normal price ranges from Bt77610 to Bt89010.
- Condo Buyers Snap Up Units at Jomtien Area
- ASEAN region economic growth Continue to Increase Office Space Demand
- Pattaya Jomtien Neo Sea View Condo Construction Update Apr 2013
- Prime Property in World's Key Cities Enjoy Strongest Growth Since 2010, Bangkok Leading The Way
- LPN Development Set Bt10 Billion for Land & New Development in Bangkok Chon Buri, Pattaya, Hua Hin
- Residential Rents for Expatriates in Bangkok is Expected to Increase
- Certain Buyers Left Dissatisfaction as Thai Developers Fail to obtain EIA Approval
- Rates of Housing Units increases to 48% during 4 Years
- Developers welcome the ideas of Finance Ministry to Tax the Vacant and New Land
- No Risk of Property Bubble in Thailand