Executive Residence Condo for Sale on Pratumnak Hill

An absolutely immaculately presented condo on prestigeous Pratamanak Hill with an uninterrupted view of Koh Larn.

This 183 Sqm 2 Bedroom 3 bath Sea View Condo is in Executive Residence 2-4 is very reasonably priced at 11,500,000 MB. Also available for long term rental and holiday rental.

The building's conveniences include: 

• swimming pool                                                
• fitness center                                                   
• covered parking
• 24 hr security with cctv and key card entry

 

Huge open floor plan affords plenty of space for 

dining and living area.

 

 

 

2 Bedrooms include Master and Guest both with en-suite bathrooms and air con. Built in wardrobe in master.

 

 

 

Large European kitchen complete with 

• 4 burner electric hob with hood
• refrigerator
• microwave
• western over
• electric kettle

 

 

Spacious balcony with dining table, sofa, and 

uninterrupted sea view.

 

For more information or to arrange a viewing

Email: Brian@bigmangoproperties.com

I.D.# 18379

                                                   

You think Pattaya's Condo Market is getting expensive??

So you think Pattaya's Condo Market is an over built over inflated bubble waiting to pop?

Pattaya is not the only place in Thailand that has seen a huge mount of new projects springing up out of the ground. In fact people have said Bangkok is also an over developed market yet according to Colliers International Thailand th4e average price for new condos in Bangkok rose 21%! Check out this article from Coconuts Bangkok:

 

Bangkok condo prices jump 21 percent

By Coconuts BangkokAugust 27, 2013 / 16:55 ICT

 

Average prices for new condominium projects in Bangkok rose a staggering 21 percent quarter-on-quarter according to the latest research published by Colliers International Thailand.

In its Bangkok Condominium Market Report covering the first half of 2013, Colliers revealed that the number of new launches dropped by 22 percent compared to the previous quarter, but the number for the entire first six months was 12 percent higher compared to the same period in 2012.

Low- and middle-income buyers with budgets under THB 3 million remained the highest proportion of property buyers in the Thai capital, according to the report.

The average take-up rate for new condominium projects in Bangkok during the second quarter was 74 percent – the highest recorded for a number of quarters due to strong sales at projects being sold by reputable, listed developers and located close to the city’s mass transit network.

Average selling prices in the city area were recorded at THB166,000 per sqm – the highest for more than two years and 2.7 percent up on the previous three-month period. Prices in the city are more than 100 percent higher than average prices for the entire Bangkok metropolitan region.

The research also noted a price drop once a project is more than 200 metres from one of the city’s mass transit stations, and declines substantially once that distance is more than 1,000 metres.

Housing loans offered by financial institutions have also declined as banks reigned in their lending over concerns of rising household debt and the country’s first car policy - which has impacted some low- and middle-income buyers.

“Thailand is located in the centre of Asia Pacific and has great potential for AEC in 2015,” the report noted.

“Many foreign developers are entering Thailand by themselves or looking for joint ventures with Thai developers to start their first projects in the country, especially in Bangkok. In addition, many foreigners are back in the Bangkok condominium market again and most of them are looking for luxury condominium units in the City area around the BTS stations; foreign buyers will continue to increase in number in the future."

Colliers added that because of the high number of new supply, certain projects will do better than others. Those that have the best prospects are those from well-known and reputable developers. 

Other developers can still do well if they focus on well-researched projects in strong locations, well-designed and targeted clearly at a clear market segment.

“New opportunities are also coming outside Bangkok where there is now more disposable income and the market historically has been poorly served.”

Story: DD Property / Andrew Batt
Photo: Coconuts Bangkok

 

International Tattoo Festival returns to Pattaya Aug. 24-25

Pattaya's International Tattoo Festival at the Hard Rock Cafe this weekend!

 

This article from the Pattaya Mail gives a brief idea on what tattoo lovers can expect to see at this weekends show.

 

Tattoo enthusiasts and artists will fill the Hard Rock Hotel with ink when the Pattaya International Tattoo Festival kicks off this weekend.

AIM Global Service Co. and the Pattaya Technician Association will host the Aug. 24-25 convention, the third to be held in Pattaya since 2009. The event offers tourists and tattoo lovers alike to view body art and even get their own.

Also on offer will be information on health, the history of tattoos, tattoo trends, cleanliness, and equipment. There also will be a children’s drawing contest and art contests.

The final day will see awards presented for outstanding body art in several categories.

How long will the Thai Baht continue to weaken?

Thai baht continues to weaken against  

western currencies

This year the Thai Baht has seen a lot of movement. From dropping below the 29.00 level to now passing the 32.00 level it is sitting today at 32.12. According to "The Nation" This is short term however tourists now will be getting more bang for their baht and will be able to spend more and for foreign investors this is a great time to bring money into The Kingdom. Atricle from "The Nation" below.

Plunge in the baht 'a short-term issue'
Business Desk
The Nation

Economic fundamentals strong, currency may rise again: analysts

BANGKOK: -- Thai economists and financial authorities say the sharp depreciation of the baht is likely to be a short-term phenomenon and foresee stability returning when the economy picks up, as economic fundamentals remain strong.

Commerce Minister Niwattumrong Boonsongpaisan said yesterday that the government would not interfere with the Bank of Thailand's work in stabilising exchange rates.

After a brainstorming session with the prime minister and Finance Minister Kittiratt Na-Ranong, Niwattumrong said the heart of this issue was to ensure stability and alignment with regional currencies. He said it would take a month or two to see if the baht's decline would boost Thai exports and whether the export target of 7-7.5 per cent would be revised.

Two forces are speeding the depreciation of regional currencies: the United States' plan to scale back its asset-buying or quantitative-easing (QE) measure because of improving economic health; and the worse-than-expected economic data within the region. Investors are shifting money back to the US.

The baht passed 32 to the dollar yesterday, a level unseen since September 2010, and economists say it could strengthen if the local economy shows improvement in the second half.

Tak Bunnag, head of Bank of Ayudhya's treasury group, said foreign investors had shifted investment out of Asia for some time. So if the Federal Reserve really acts to taper its QE, the baht should not fall much more, or it could even rise again.

In the year to date, the baht, at 32.12, has weakened by 4.8 per cent against the US dollar. Thailand's current-account deficit in the first half stood at 1.9 per cent.

Tak attributed part of the depreciation to the National Economic and Social Development Board's downward revision in the economic forecast on Monday. GDP figures roughly weigh 30 per cent when foreign investors make a decision, he said. This year's growth estimate for Thai gross domestic product was cut on Monday to 3.8-4.2 per cent after slowing in the second quarter to 2.8 per cent.

Kampol Adireksombat, senior economist at Tisco Securities, said the baht had fallen beyond its fundamentals.

His view was that the Thai economy should improve in the second half. If exports pick up, Thailand could show a balanced current account or even a slight surplus. In a worst-case scenario, a deficit of less than 1 per cent of GDP was anticipated. In these scenarios, it was likely the baht would strengthen against the dollar to around 31.5 later this year.

While urging the Bank of Thailand to restore exchange-rate stability via use of foreign reserves of US$170 billion (Bt5.45 trillion) or so, Kittiratt insisted yesterday that the economy remained strong. Even with slowing growth in the second quarter, investment was on track and would keep unemployment low.

To boost the economy in the second half, aside from pushing for the disbursement of the state budget and 20 measures backed by the Cabinet on August 6, the government would resort to no new measures, said Kittiratt.

"All the measures are not to boost the economy in the short term, but to invest in what we should and what will create long-term value," he said. All state agencies should also lend a hand in boosting consumer and investor confidence.

He said that in the short term, the macroeconomic picture remained satisfactory. The baht's depreciation was not worrying, in light of low inflation, as that would cushion negative impacts on importers.

-- The Nation 2013-08-23

 

Pattaya's Walking Street sinking to new lows??

Pattaya's Walking Street selling "Funny Air"

Of all the weird, wacky, crazy, zany things you see on Walking Street this is amazing. 

 

 We've seen it all from acrobat kids, break dancers, flower sales people, shoe shine, the massage and show touts. Most of us that have ever been down Walking Street have been offered illegal drugs, but how about underground rave hits....legally? 

 

The company "Funny Air claims it is harmless and legal but the local boys in brown seem to have a different opinion and are saying illegal underground nitox hits should not be allowed for sale...at least not on Walking Street. Check out the full article from Pattaya One Here

 

 

Pool Home in Bang Sarae -- Price Reduced for Quick Sale

Bang Sarae Pool Home for Sale

This 3 Bedroom 3 Bathroom house has just been reduced to 4.3 MB!!

The house sits on 100 TW of land and has 170 Sqm of living Space. Property has private secure parking for 1 car and 2 motorbikes.

Beautifully landscaped yard with private swimming pool!

Large living room and dining room are fully furnished including flatscreen tv, ceiling fan, and air con.

Kitchen comes equipped with refrigerator, gas burning stove 

with hood, and small dining table.

For more information or to arrange a viewing

Email: Brian@bigmangoproperties.com

I.D.# 28113

Soi Phoenix Golf Course Pool Home for Sale

Private Pool Home at Phoenix Golf Course 

For Sale! 13.95 MB

This magnificent home sits on 200 TW of land with over 350 Sqm of living space with a big open floor plan

3 Bed 3 Bath air con, built in wardrobe with jacuzzi tub in  

master bath

Full European kitchen with Refrigerator, hob and hood, microwave, western over and electric kettle.

Beautifully landscaped yard with private swimming pool, 

changing area and outdoor shower

For more information or to arrange a viewing
Email: Brian@bigmangoproperties.com
I.D.# 28448

Star Beach sea view condo for sale on Pratumnak Hill

Pratumnak Condo For Sale...Star Beach

Star Beach condo Pratumnak Hill soi 4 for sale. 6.99 MB. 

101 Sqm unit is on a high floor with gorgeous sea view of Koh Larn. 

Unit comes fully furnished with 1 bedroom and 2 bathrooms. 

Kitchen comes with refrigerator, western oven, 4 burner electric hob with hood, and microwave.

 Just 1 KM from the beach the building includes:

• Swimming Pool
• Fitness Center
• Business Center
• Restaurant
• Laundry
• Full security including cctv and key card entry

For more information or to arrange a viewing Email

Brian@bigmangoproperties.com

ID# 17270

South Pattaya Pool Home for sale!

Wonderful pool home for sale in South Pattaya

Very nice 3 bedroom 3 bath room home available just minutes from Sukhumvit Road and Tesco Lotus off of Thepprasit Rd. This house sits on 88 TW of land and offers 150 Sqm of living space with private covered parking. 6.2 MB or 65,000/Month on 1 year contract.

Living room has big open floor plan with many options for decoration

Bedrooms are good size

Master bathroom

European kitchen with 4 electric hub, hood, refrigerator, rice cooker and trash compactor.

Huge private swimming pool with landscaped yard

For more information or to arrange a viewing Email

Brian@bigmangoproperties.com

ID#19760

Oil Spill in Koh Samet Thailand

I found this article in The Nation today. It relates to Pattaya as Koh Samet is a popular destination for tourists and ex-pats. Very easily accessible from Pattaya. Really a shame what happened. Here's the article:

 About 20% have died in tainted areas: survey

BANGKOK: -- The state marine-watch agency has found that some coral reefs in the oil-slick-affected Ao Phrao area of Koh Samet have been killed off by bleaching, and some marine life had been reduced by up to 20 per cent.

The team's report was released by the Marine and Coastal Resources Depart-ment director-general Noppon Srisuk

When the oil slick hit Ao Phrao beach on the western side of the island, the agency sent a team to survey the coral reefs in 11 spots surrounding Koh Samet in Rayong province.

The team dived into the sea to depths of up to four metres to study damage at Noi Na, Laem Ya, Ao Lung Dam, Ao Kew Nha Nok, Ao Phai, Ao Look Yon, Koh Kudee, Koh Kham - Kruai, Koh Pla Teen, and the northern area of Ao Phrao.

Preliminary results showed that most of the intertidal zone had been tainted by the oil slick. The survey also revealed that about 10 to 20 per cent of marine life in Ao Phrao, especially stone crabs, snails, and oysters, had died.

The survey team collected samples of coral tissue to find the cause of death and estimate the percentage and scale of coral bleaching. The department was joined by marine experts from various educational institutes to conduct the survey and study the short, middle and long-term impact of the oil spill on the coral reefs. This team will take a year to survey the coral reef surrounding the affected island.

However, Noppon insisted no orders had been issued to close Ao Phrao for tourism activities.

Meanwhile, marine biologist Thon Thamrongnawasawat of Kasetsart University's Faculty of Fisheries, said he had also sent a team to survey changes to the coral reef in Ao Phrao last week.

The preliminary result of a parallel survey found that about 20 massive corals, located two metres undersea in the southern area of Ao Phrao, were bleached. Thon assumed this bleaching was caused by the oil slick.

However, he said his team needed to collect samples of coral tissue for in-depth analysis to confirm the real cause.

"At least we know where it should be closely monitored to determine further impacts of oil spills on coral reefs in this area," he said.

Sumet Saithong, chief of the Khao Laem Ya-Mu Koh Samet National Park, said he could not say right now whether coral reefs surrounding the island and affected area were dead. During the past few years, coral reefs surrounding the island had been bleached already before the oil slick affected the island.


-- The Nation 2013-08-08

Private Pool Villa for sale on Pratumnak Hill

Pratumnak Hill Pool Villa for sale!

  

Luxury 2 Bed 2 Bath with Private Swimming Pool, Tropical Garden, Waterfall with large open floor plan. The house has 145 Sqm of living Space on 83 TW of land.

Living Room has air con, flat screen TV and is available with or with out furniture

Bedrooms are air con and come with built in wardrobe

European Kitchen comes complete with Refrigerator, 4 burner stove and hood.

Entertainers back yard

House has parking for 1 car and is for sale at 11,990,000
For more info or to arrange a viewing Email
Brian@bigmangoproperties.com

Luxury Condo for rent on Pratumnak Hill

Luxurious 1 Bedroom 47 SQM Condo for Rent in "The Cliff", Pratumnak Hill. 

Just 200 meters from Cosy Beach the Cliff offers: 

 

• Communal Swimming Pool
• Covered Parking
• 24 Hour Security with CCTV and Key Card Entry

Living Room has air con, private balcony with pool view and flat screen TV

The bedroom also has air con, built in wardrobe, and flat screen TV

This Condo is for rent at:

1. Month 27,000
2. Year    25,000

Also for sale at 2.500.000 Baht

For more info or to arrange a viewing please Email:
Brian@bigmangoproperties.com
ID #  28567