This test run has seen great results with all [...]]]> As from April 2012 ( Issue 18 – Property Guide Pattaya + Pattaya House Guide Supplement ), Pattaya Condo Guide increased the print run by 500 copies to be distributed at selected locations along Sukhumvit Road in Bangkok, these locations include the Trendy Building on Sukhumvit Soi 13…

Pattaya Condo Guide In Bangkok

This test run has seen great results with all 500 copies being taken by the public in only a few days. As a result, Property Guide Pattaya will be increasing the print run and distribution points in Bangkok by a further 2,000 copies per month – at no extra cost to our advertisers.

We believe the Bangkok customer base to be crucial in the development of todays Pattaya condo market and so we will do what we can to increase awareness and interest of your properties to those Bangkok buyers…

Bangkok based companies that have started projects in the Pattaya and Jomtien areas include, Blue Sky Development, [...]]]> Pattaya has gained significantly from Bangkok’s problems and the epic floods of 2011. The subsequent arrival of Bangkok property developers and a whole new group of willing property buyers are injecting billions of Baht into Pattaya City.

Bangkok based companies that have started projects in the Pattaya and Jomtien areas include, Blue Sky Development, with their 1,038 units Atlantis Condo Resort, 90% sold in five months, they now plan to launch a second project in South Pattaya with 1,200 units in June this year. Q House has launched its first condominium project, offering units priced lower than Bt3 million in Central Pattaya, Raimon Land launched its first low budget condo project Unixx, in South Pattaya with condos priced lower than Bt3 million.

After its success last year, LPN Development has launched its latest condominium project, Lumpini Ville Nakra-Wongamart and Sena Development plans to launch a condominium, serviced apartment and shopping centre project. Another Bangkok based developer, Boutique Asset Management Ltd., have purchased land in South Pattaya and have plans to develop their first Pattaya condominium project in 2012.

Why the sudden rush to build in Pattaya?

Until 2011 most condo units below 3 Million Baht were being developed by foreign owned development companies, who were mainly targeting foreign buyers, investors who found the 1 to 3 million baht investments attractive options to the banks and stock markets offerings. But their problem has always been, only 49% of units could be sold in foreign names, 51% had to be sold to Thai individuals or Thai companies, these foreign owned developers were not as experienced to sell to the Thai market or as well placed with attractive Thai finance plans as some of their Bangkok based competition.

The Local Thai Market

Pattaya City is growing exponentially and this has bought new residents to the area, many middle class professionals and merchant business people who require reasonable quality homes, many of the buyers come from this market. Blue Sky teamed up with LH Bank to offer attractive Thai finance plans, mortgages and a profile of financial security that Thai buyers found appealing.

The Exodus

During October and November of last year thousands of Bangkokians were exiled from their flooded homes and businesses, the experience for many of them was a horror story seeing their homes and possessions destroyed by the slow but unstoppable torrents.

The exodus went in all directions as people headed back to friends and family homes up country but many escaped to Pattaya looking for cheap short term accommodation. The ‘new’ Pattaya, now just two hours drive away and boasting a “Central” Shopping Mall and a Hilton, equal to anything in Bangkok, with a huge stock of quality accommodation was an easy choice for those with the money to rent a hotel, villa or condo, plus its close enough to do trips back and forth while also providing some city comforts. Jomtien with its more seaside qualities and beautiful beaches just a few minutes away has also been developed significantly in the last few years and gave the many of the visitors who had old maybe negative pre-conceptions from years past about Pattaya and Jomtien, a pleasant surprise and changed some minds.

Investing in Pattaya and Jomtien

This surge of interest in Pattaya and Jomtien from Thai’s, especially Bangkok based developers who provide attractive purchase plans for Thai’s and foreigners has stimulated the market, increased confidence in the investment opportunities these developments provide, the Thai banks are investing, private investment is rising, buyers continue to buy, so it appears the future of Pattaya is a prosperous one.

By Charlie Warner

Construction time – 3 years.

Construction will start after piling finishes in June this year.

Contract Value 1.3 Billion THB.

Lock-BUILD Group are based in Bangkok and have many well [...]]]> Photo pictures (From left) Winston Gale and Rony Fineman, The Palm Developers – (From right) Nuttapong Intuputi and Vutikorn Kamolchote from Lock-BUILD Group.

Construction time – 3 years.

Construction will start after piling finishes in June this year.

Contract Value 1.3 Billion THB.

Lock-BUILD Group are based in Bangkok and have many well known projects accredited to them.

They will be providing a ‘turnkey’ package for the Palms 2 towers, 46 and 26 story.

The Palm is now 80% sold out since launching in December 2010

A new real estate agent specializing in new condo projects has just opened their doors opposite Big C in South Pattaya. They plan to offer a one stop shop for people looking to buy a new condo in the Pattaya and Jomtien areas. With so many  

A new real estate agent specializing in new condo projects has just opened their doors opposite Big C in South Pattaya. They plan to offer a one stop shop for people looking to buy a new condo in the Pattaya and Jomtien areas. With so many new condo projects available, the choice can be over whelming, so their service is to present the best of the crop in one central place where they can offer un-biased advice and help their customers choose the best condo units to suit their personal requirements.

Connect Property Center is the latest enterprise of Howard Miller, a man who has been the British Honorary Consul helping British Nationals in distress, while also running his own media company here in Pattaya. Howard’s Pattaya One Media Group, incorporates Pattaya One TV, the PattayaOne.net website and local radio station Pattaya 105 FM (pattaya105fm.com). All will continue to operate as normal and Howard will continue to present the news and features.

In August 2010 Howard was appointed the British Honorary Consul and worked at the British Consulate located next to Immigration in Jomtien where he spent 16 months assisting British Nationals with notarial requests and offered assistance to those who had fallen on hard times.

Over the last few years Howard saw an increase in emails from the Pattaya One website for recommendations of who to contact in relation to buying or renting property in Pattaya. He would always respond and recommended a local contact he knew and trusted to offer a good service. From November 2011 Howard began looking at the local real estate market and decided to open a property center concentrating on the very best developments Pattaya had to offer which provided impartial and professional advice with that personal touch. In April 2012 Connect Property Center was born.

If you want to find the perfect condo investment for your budget and requirements, contact Howard Miller at Connect Property Center. If you are here in Pattaya visit the Connect showroom located next to Big C on the Sukhumvit Road in South Pattaya. It’s open from 10am to 6pm Monday to Saturday or you can visit their website www.connectpropertycenter.com or call Howard directly on 087 747 8555.

”Pattaya needs to get ready for the AEC. If we wait until 2015, it may be too late as other countries in Asean are now preparing for the [...]]]> Pattaya officials want condominium foreign ownership limits increased to 70% from 49% to help keep Thailand competitive once the Asean Economic Community (AEC) is formed in 2015.

”Pattaya needs to get ready for the AEC. If we wait until 2015, it may be too late as other countries in Asean are now preparing for the single regional common market,” said deputy mayor Ronakit Ekasingh.

Pattaya would propose the idea to help promote investment in Thailand, he said.

Pattaya is a special administrative area. The policy should be applied as a pilot programme in Pattaya and Phuket, major tourist destinations that have their own administrative authority.

The foreign quota on condominium ownership is regulated by the Interior Ministry – at 49% of the saleable space. Allowing a higher limit would help developers already up against their foreign ownership quota sell more units.

If the limits are increased, units can be sold to foreigners if Thai buyers cannot be found.

Mr Ronakit made the comments at a seminar on the Chon Buri and Rayong housing markets in 2012, adding that Pattaya’s mayor would discuss the condominium ownership issue with the ministry at the next meeting.

The Pattaya property market has been booming since last year. A large number of Russian tourists have been visiting Pattaya arriving via chartered flights landing at U-Tapao Airport.

Pattaya benefited from the floods last year as Bangkok residents relocated temporarily to the city.

However, an influx of people during that period made it obvious that Pattaya needs to improve infrastructure and develop mass transit.

High-speed trains from Bangkok to Rayong will help boost tourism in the eastern provinces as travel time will be reduced from two hours to 40 minutes.

A new 600-million-baht terminal at U-Tapao Airport will allow for a greater number of arrivals.

To support tourism and investment growth and to improve traffic flows, Pattaya City plans to widen the road along the beach by four metres.

It will also expand the width of the beach, which is today is only about two metres wide and is very close to the road.

The beach project, costing an estimated 338 million baht, will involve the transportation of sand from Rayong and the widening of the 2.7 kilometre long beach to 35 metres.

”We will make the beach 35 metres wide to show how good it is to extend the beach,” he said.

After the project is completed, Pattaya will pass zoning rules restricting the use of beach umbrellas and chairs to specific areas. These restrictions will increase the public space available for tourists to sit on the beach or sunbathe.

He said Pattaya was waiting for the approval of an environmental impact assessment report for the extension of the beach.

Story courtesy of the Bangkok Post

P.Pattaya Organize Co. ltd. take 25 real estate business’s to Central Plaza Ladprao for one week property fair.

A local business here in Pattaya, P.Pattaya Organize Co Ltd; is holding the Pattaya Second Home Fair in the Central Plaza Shopping Centre Ladprao, Bangkok. The property [...]]]>

Central Plaza, Ladprao – Bangkok 29th March – 4th aprIl

P.Pattaya Organize Co. ltd. take 25 real estate business’s to Central Plaza Ladprao for one week property fair.

A local business here in Pattaya, P.Pattaya Organize Co Ltd; is holding the Pattaya Second Home Fair in the Central Plaza Shopping Centre Ladprao, Bangkok. The property fair will consist of 25 real estate booths of Pattaya based developers and agents. The event has been created by P.Pattaya Organize due to the high demand for Pattaya real estate from Bangkok purchasers. This is the first time that the entire Pattaya real estate market has had the opportunity to collaborate in a property fair in Bangkok. The intention is to promote Pattaya and its vast real estate opportunities to the expanding Bangkok market. The event will run for 7 days starting on the 29th of March and run through to the 4th of April.

P.Pattaya Organize Co. Ltd. are offering 3 x 3.5 meter exhibition booths to Pattaya developers and agents wishing to join the event. The booths are supplied within the cost so the sales teams only need to bring their marketing materials to the event to start promoting their projects. The event has already created a lot of interest and many of the exhibition booths have already been reserved by leading local developers and agencies representing the latest real estate project releases in the Pattaya market.

This is a great opportunity to raise the brand awareness of Pattaya’s latest real estate projects to Bangkok customers who are interested in a second residence away from the city. The fair will be situated at the main entrance as you enter the shopping centre maximizing impact and will also take advantage of the Plaza’s announcement service. Each developer/agent will be included in the announcements with personalized scripts to inform shoppers of the opportunities available at the Pattaya Second Home Fair. P.Pattaya Organize will manage the entire event and man a registration desk to assist visitors and booth holders. Marketing materials of all attending exhibitors will be distributed by P.Pattaya Organize in event bags to all the visitors of the event throughout the week.

To all Pattaya Realtors, don’t miss out on this great event and the opportunity to increase your customer base and brand awareness.

For more information and bookings please contact: Khun Poo (Thida Changpradub) Director of Pattaya Organize by CPA Development Co. Ltd. – Real Estate Solutions -

Tel. 089 – 9397501 or email pptyorganize@gmail.com

Event sponsored by Central Plaza, Pattaya Condo Guide, CPA Development, CMYK Pattaya, Condo Guide and IPC International Consultants