Friday, July 27, 2012

Luxury Holiday Villa for Sale in Jomtien

Single story 5 bed 4 bath holiday villa now for sale. The house has 7 air cons and full hot water, fully furnished, game room, breakfast bar along with both communal pool and private salt water swimming pool. 6.9 MB  See More... 

Thursday, July 26, 2012

Condo Market still hot in Thailand!!

With all the new condos going up all over Thailand it would seem like it is a bubble waiting to burst. I just came across this article printed today that clearly suggests otherwise. Low price condos less than 5 Million Baht appear to be the big draw. Read more...

Wednesday, July 25, 2012

Pattaya Mayor Implements Four Main Strategies to Improve the City

Pattaya Mayor Itthiphol Kunplome has begun to work on the four strategies to improve Pattaya which he mentioned in his recent election campaign. I found this article in the Pattaya Times. I do like the "KISS" strategy but still seems there is more work to be done. You can check out the article here

Future of Pattaya's booming condo market

Our last blog post had some very positive quotes from "The Nation" regarding Thailands Condo Craze! But ifyou're wondering just how that will affect the Pattaya - Jomtien area this article was printed just days earlier in the same paper targeting Pattaya and Jomtien Specifically...Looks like this bubble is not going to pop anytime soon, making The Eastern Seaboard and Thailand as a whole still a stable investment. Read more

Is Thailands condo market about to burst?

In Thailand it is no secret that the condo market has been growing like wildfire. People have been saying -- especially here in Pattaya -- that the market is over built. In fact that has been more than a whisper for over 5 years now as developments continue to pop up everywhere you look....but they do continue to sell and sell well. Check out what "The Nation" had to say about the overall Condo market here in Thailand...Read more

Saturday, July 21, 2012

Realestate Seminar coming to Pattaya 8 August

Saw this artice in the Pattaya Mail regarding the upcoming Real Estate Seminar and wanted to pass it along:

Real Estate Seminar - 8 August 2012 Eastern Grand Palace Hotel, Soi Khaotalo, Pattaya

REBA-ES and the Agency for Real Estate Affairs proudly present a Seminar on the recently surveyed Pattaya property market.

The survey was conducted by Dr. Sophon Pornchokchai, PhD, D.FIABCI, CRS, MRICS.
Gain a better understanding of the up-to-date market position as recently surveyed for investment purposes with:
An in-depth analysis of residential properties including single houses, duplexes, townhouses, shophouses, condominiums and land plots by eight price ranges.
A most comprehensive survey covering 650 projects; whereas, 250 projects are in Pattaya City, 330 projects are in another six urban centres in Chonburi and 70 projects are in another three urban centres in Rayong.
The most updated survey for Pattaya (July 2012) and other local urban areas (March 2012).
Reported by Dr. Sopon Pornchokchai, PhD D.FIABCI CRS MRICS, president, Agency for Real Estate Affairs (www.area.co.th) which is the first and largest real estate information, valuation and research conducted in Thailand since 1994, together with a panel discussion by renowned major real estate professionals with expertise on the Pattaya market.

The Program

12:00 Registration
13:00 Opening speech and keynote address by Mayor Itthiphol Kunplome
Introduction by the president of the Real Estate Brokers Association Pattaya (REBA Eastern Seaboard)
13:45 Presentation: Major Findings, Pattaya Property Markets and Outlook, Dr. Sopon Pornchokchai, PhD D.FIABCI CRS MRICS
15:00 Afternoon Refreshment
15:20 Panel Discussion: Pattaya Property Outlook, 2012-2013
(Panel participants yet to be confirmed - a developer, a broker and a government officer)
Introduction by: Mrs. May Watson, president, REBA Eastern Seaboard
17:00 End of the session.

The Organizers

Real Estate Broker Association Eastern Seaboard: www.rebaes.com is an association of brokers and agents in the Eastern Seaboard region of Thailand. It was founded in 2006 with individual and corporate members. Within the association, there are also sub-committees to help uplift the professional practices of members to always have better professional services to consumers.
Agency for Real Estate Affairs www.area.co.th is a property consultant firm as well as real estate information, research and valuation centre in Thailand. It specializes in real estate consultancy services while refraining from real estate brokerage and self-interest property developments to avert a potential conflict of interest; thereby insures the integrity of our valuations and research works.

The Research Team Leader

Dr. Sopon Pornchokchai PhD D.FIABCI CRS MRICS, is a research team leader for Pattaya and the Eastern Seaboard as well as the speaker to present the research findings. He earned a PhD in land and housing from the Asian Institute of Technology, a Certificate in Housing from Katholieke Universiet Leuven and a Certificate in Valuation from LRTI Lincoln Institute of Land Policy. He has been conducting market research in Pattaya and Nationwide for over 20 years.

Fee

Participation: 850 baht per person including handouts and refreshment.
Comprehensive research paper: 4,000 baht per copy.
Fees can be paid to any REBA-ES member or direct to the Agency for Real Estate Affairs http://www.trebs.ac.th/English/SUMMARY/seminar_pattaya.php

Thursday, July 19, 2012

Price of concrete continues to rise as demand from developers remains strong!

Saw this artice in "The Nation" If anyone is thinking Pattaya, The Eastern Seaboard, or Thailand as a whole is bubbling out you may want to have a look at this. It appears demand remains strong and pre-fab products to expedite development and cut labor costs is on the rise...Read more

Bangkok's airport troubles getting better or worse??

I just flew in this afternoon. I was a bit concerned there would be delays after all the much publicised problems of ole Swampys runways. We experienced about a 10 minute delay but most of that seen\med to havestemmed from Qatar Airways problems inh Lagos and getting passengers and baggage routed acordingly. I arived ok but still waiting on my bag. Check out this article i found from Thai Visa.com's posting from The Nation.

BANGKOK: -- Flight congestion at Suvarnabhumi Airport will ease after the eastern runway returned to service at 11am yesterday for all types of planes except A380 super jumbos.
Anirut Thanomkulbutra, president of Airports of Thailand, said the repaving of the 870-metre northern tarmac of the eastern runway from Sections B6-B3 has been completed.

This was the first phase of the project to resurface the 1,620-metre northern section of the 4,000-metre eastern runway from June 11-August 9.

The eastern runway now has 3,250 metres for use.

The remaining 750 metres from Section B3 to the start of the runway would be ready on July 31, ahead of schedule. The repairing of the runway was only one of the factors that caused flight delays. About 23 per cent of 800 flights that took off and landed at Suvarnabhu-mi a day were held up for more than 15 minutes, he added.

Prajak Sajjasopon, president of the Aeronautical Radio of Thailand, said Suvarnabhumi was coping with peak traffic of 76 flights per hour before the runway was overlaid, but a limit of 68 flights per hour was enforced out of concern for noise pollution.

But during the work on the runway, the airport could handle only 37 flights per hour while 45-50 aircraft were arriving, leading to waits of 15 minutes to one hour and 20 minutes before touching down.

The situation would improve now that the first phase was done. Each flight would not be circling more than 30 minutes, he said.

Meanwhile, Suvarnabhumi Airport has seen its ranking among global airports slide from 13th in 2011 to the 25th in Skytrax's World's Best Airport Awards 2012. In the category of airports that accommodate 30 million to 50 million passengers per annum, it is ranked 10th, with Incheon International Airport in Korea holding the first ranking in both categories.

Ranked the world's second best airport, Changi Airport in Singapore is also expanding its capacity. It welcomed 20.6 million visitors in the first five months of the year and has been the most active in terms of tourist arrivals in Southeast Asia.

Changi may build two new passenger terminals at Changi Airport to cope with increasing demand. Bloomberg reported that the government plans to add 1,000 hectares to Changi, from 1,350 now. The airport started the 2036 Changi steering committee to cope with the traffic demand in the next 50 years, according to a fact sheet from the Ministry of Transport in March.

"Leading air hubs worldwide are upping their game, and are taking a long-term perspective to capacity building," it said in the fact sheet, citing expansion plans in markets like Hong Kong, South Korea and Dubai.


-- The Nation 2012-07-19

Friday, July 13, 2012

Beautiful South Pattaya Townouse for sale!

Beautiful 2 Story, 2 bedroom, 3 bathroom, townhouse now available. The house is fully furnished with 2 air con units, hot water shower, 2 led tv's, full blu ray and surround sound system. There is secure covered gated parking, storage and a back patio that can be used as a laundry or utility room. 5.5 MB See more...

International arrivals to Thailand remain strong

 The global economy slowdown has had little impact on tourist arrivals to Thailand. The Kingdom had a total of 8,871,930 visitor arrivals for the period of January through May 2012, up 7.27% compared to the same period in 2011. China was the best performer with 943,161 visitors, up 26.13% with the largest market share for an individual country of 10.63%.


The overall growth remains strong for Thai tourism with visitor arrivals to Thailand from all European countries of 2,690,783, a 10.9% increase for the period January through May 2012, according to the latest figures released by the Ministry of Tourism and Sports. European countries, even with the Eurozone crisis, accounted for a market share of 30.33%, up from 29.33% for the same period in 2011. Read more...

1.1 Billion Baht Water park coming to Pattaya

For years and years Pattaya Park has been...well, the only game in town. Well all that is going to change. Coming around April of next year will be the brand new 1.1 Billion baht Ramayana Water park just a few KM outside of Pattaya. With over a dozen rides and two wave pools in addition to many relax zones and live entertainment Ramayana Water park is taking things to a whole new level.

This is from their website:

    With leading Thailand contractors appointed to perform constructiobn, the waterpark will have newest and most exciting waterslides available that will offer thrills for adults & teenagers and hours of fun for small children. This world class entertainment facility will offer a full day of fun and long lasting memories for families and friends. As Thailand's fisrt international standard waterpark and the creative spirit of the assembled team, Ramayana Water Park will be the largest and most attractive waterpark in South East Asia.

Enjoy,
Pattaya Realestate Market Team

Wednesday, July 11, 2012

2 Billion Baht condo project headed to Pratumnak Hill

The Kingdom Property Group LTD is is in the final stages of beginning its 2 billion dollar condo project in Pattaya's exclusive Pratumnak Hill. The Unit will be called "South Point" and will feature studio, 1 Bedroom, 2 bedroom, and Three Bedroom units. Prices will be starting at around 1.5 MB. See More...

Very nice Townhouse for sale in South Pattaya

Beautiful 2 Story, 2 bedroom, 3 bathroom, townhouse now available. The house is fully furnished with 2 air con units, hot water shower,2 led tv's, full blu ray and surround sound system. There is covered gated parking, storage and a back patio to be used as a laundry or utility room. Built in European kitchen, living room and office. 5.5 MB Read more...

Tuesday, July 10, 2012

Brand new pool Villa For Sale in East Pattaya

Brand new pool estate for sale in East Pattaya House East PattayaBrand new fully furnished pool estate now available in East Pattaya. This 2 storey 5 bedroom 4 bathroom house comes fully furnished with European kitchen and 7 air con units. The house affords 370 sqm of living space on 148 TW of land including a private 4x10 swimming pool. 9 MB
                                    Read more...

Monday, July 9, 2012

Ultra Modern New Lowrise Condo going up in Na Jomtien

Pattaya and Thailands Eastern Seaboard continue to develop! Old third world charm seems to be diminishing as developers continue to push for Nu Vo artisitc designs combined with affordable luxury. Porchland's latest developement will be located in Na Jomtien and already appears to be a hit as approximately 40% of the units have already been reserved. Check out this artice from Pattaya Times:


The unique concave arc-shaped exterior of the Feelture will surely attract new generation buyers.
The unique concave arc-shaped exterior of the Feelture will surely attract new generation buyers.
The Feelture is a new condo project that will rise in Pattaya with the starting price of just THB 900,000 fully-furnished.


Mr. Chisanucha Pukdeesaneha, Project Director, said “The Feelture is the sixth project under Porchland. It has an investment of THB 50 million. The project will be built on four rai of land consisting of two buildings of eight storeys each totaling 301 units. There are three room types;

• Type A: One bedroom (36-54.5 square meters)
• Type B: One bedroom (37.5-63 square meters)
• Type C: Two bedrooms (57.5 and 59 square meters)

All the rooms are fully furnished including electrical appliances, sofa, stove, air-conditioners, television and refrigerator. The starting price begins at THB 900,000.”

The project is designed with a very modern concept: its concave arc-shaped structure as its signature. The room contains modern art that is in harmony with nature. The project facilities include a 450 square meter swimming pool, a fitness center, restaurant and a rooftop garden.

“The project has been well received by customers so far due to its below-market price that makes it affordable by local citizens. About 100 units have already been reserved-- about 40% of available units. We are hoping to close the reservation period in about three months,” he added.

The project is located on Sukhumvit Soi Na Jomtien 4. The project is expected to begin construction in December this year and will be completed by December 2013.

“Porchland is committed to affordable residential condominiums. Our next project will be building Bang Sarai, suitable for those who prefer peace and quite,” he concluded.

Show units are available at the office located opposite Tesco Lotus on Sukhumvit Road at Threpprasit. For more information visit their website www.prochland.com.

Sunday, July 8, 2012

View talay 1, 1 bedroom Condo for Sale


Double Room in View Talay 1, Floor #2 now available. Each room is 30sqm and owner is selling as a 1 bedroom 2 bathroom condo 1.8 MB. Read more...

Saturday, July 7, 2012

Thailands 90 day check in...Mail it in!!

The fine for failure to file the 90-day report on time is up to 2,000 baht set at the discretion of immigration officer who discovers the fact. You are NOT charged with an Overstay for failure to file the report on time unless you overstay your visa.

Police Colonel Chusak summoned Police Lieutenant Jakkid Kidmeekiatdee who is in charge of all 90-Day reporting for the Chonburi Immigration offices located in Pattaya, Sriracha and Koh Srichang.

Here are the steps to take every 90-days to avoid having to go in person to the Immigration office to report your address: Read more...

Friday, July 6, 2012

Online visa application on the cards

The Foreign Ministry has agreed in principle to allow tourists from some countries to submit their visa applications online.
The proposal by the Tourism Council of Thailand (TCT) is being considered, as the ministry wants to help alleviate the crowds and long lines of tourists wanting a visa on arrival at Suvarnabhumi airport. Read more...

Thursday, July 5, 2012

Good time to invest in Pattaya?!

Pattaya on course to see record numbers!!

• Pattaya is on track to accommodate a record 8 million hotel guests this year, the highest-ever for a Thai resort destination, as improvements in the domestic market and infrastructure boost demand, says a hotel industry report.
 

C9 Hotelworks, the hospitality consulting firm, recently released a report highlighting a 66% hotel occupancy rate for the Eastern Seaboard city last year.
The report stated in 2010 and 2011, occupancy rose by 17% and 9%, respectively. Visitors to the region doubled in 2010 despite fallout from the financial crisis and political turmoil.
Bill Barnett, managing director of the Phuket-based firm, attributed Pattaya's rise to solid infrastructure, a strengthening domestic market, international brands and changing perceptions of the city.


"If you visit Pattaya, you're sitting next to the country's capital with an established tourism market. It's the yin to Bangkok's yang," he said.

Infrastructure is the most important factor, said Mr Barnett. The proliferation of low-cost flights and improved toll roads to the area has made Pattaya an ideal weekend getaway for Thais, who account for a quarter of the market there.
 

Pattaya has clearly eclipsed Hua Hin as a weekend destination, he said while joking that the hour-and-a-half drive to the former sometimes matches the time it takes to cross Bangkok.

The report shows the international tourism market has flourished as well.

Russian and Chinese tourists flocked to Pattaya last year, and the Civil Aviation Department said total arrivals at the nearby U-tapao airport rose by 39% from 2010.
Chinese, Russians and Thais together accounted for nearly 60% of all Pattaya visitors in 2011.
But Pattaya is not all tourism. The second-best property market in Thailand is reaping the fruit of the nearby auto-manufacturing sector.

In terms of a second business district outside of Bangkok, the Eastern Seaboard is developing, and Pattaya is benefiting from that, said Mr Barnett, adding that 60% of the occupancy at the Holiday Inn Pattaya is from corporate functions.
He said the rise of brand-name hotels and megaprojects will help, while the Cartoon Network will open a 1-billion-baht theme water park early next year.

These big demand generators will make the market sustainable.
Mr Barnett, who has worked in the Asian tourism industry for 27 years, said investors are stuck in the past, as investor sentiment has not kept up with market realities.


The real estate market is hot, and there is no oversupply of hotel rooms in the pipeline, signifying well-balanced growth.
"As long as the Thai middle class is growing strong, Pattaya isn't going anywhere," said Mr Barnett.

Monday, July 2, 2012

Large 2 story house with 2 apartments for sale or rent

The house is situated in a village in Central Pattaya, just off 3rd road. It is minutes away from all the supermarkets, shops, bars and restaurants etc. in the center of town, no need to cross the busy Sukhumvit road.The property is split in two. The main house consists of 2 x bedrooms both with ensuite bathrooms, split level living room, outdoor terrace, European and Thai kitchens, maids room and bathroom. The attached 2 storey annex has 2 x apartments both with ensuite bathrooms and its own upstairs terrace. Below this is covered parking for 3 cars plus motorcycles, a store room, outside BBQ/Dining area and guest toilet. The house has a small easily kept garden and fish pond. Price: Thai Baht 8.5 million (negotiable) Rental: 40,000 baht per month (minimum 1 year contract) Both prices negotiable Contact Tel: Mobile 0800556755 or 0819969908 Khun Nat E. Mail: hadders@loxinfo.co.th. For more information on this property please visit Pattaya Realestate Market.com. Thank you!

Pattaya Realestate Market Team!