The source for all Tourism, Hotel and Real Estate news in Phuket.

Pattaya Condo Supply Surges 12%

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

Posted: 10 May 2011 | 6:00 am

Research by property firm Colliers International - Thailand has concluded that the supply of condominium units in the resort area of Pattaya rose 12% between 2009 and last year.

The number equates to over 4,700 units. The report states that in 2010 in excess of 3,420 were launched into the marketplace with analysis concluding stability between supply and demand within the sector.

Key areas for developments were highlighted as Wong Amat, Pattaya City, Pattaya Nua, Klang and Pratumnak.

Despite Phuket's broad market flattening, the Pattaya condo market which had 44,500 units at the end of the year remains popular with both Thai and foreign buyers.

DO YOU LIKE THIS?

How about Hospitality Industry in Pattaya? (Hotel/Resort/etc.)
Does the market grow up?
Nowadays, is it balance between demand and supply? Bill Barnett responds:
Pattaya is booming and one of Thailand's best hotel markets. Access is improved and numebers are increasing. The opening of Central Festival was a turning point for the market and expectations for market growth are very positive.

Ekachai Lojanaphiwat, 28 Jul 2011 | 1:49 am

Insider up to the Minute

Cool Hunting - On the Web

Starwood Capital's eco chain brand
http://www.1hotels.com

Singapore flashpacking budget sleep
http://www.winkhostel.com

Top Manila travel and food blog
http://www.ourawesomeplanet.com

PHUKET WEATHER

The Green Report

A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:

Wellness Retreat Wins Award

Thai based group Zinc InVision have been recognized with a Senses Wellness Award for Best Medical Wellness Resort for The Farm at San Benito in the Philippines.

WEDNESDAY Business Crisis Management Seminar

After Phuket's recent tsunami and earthquake scares, environmental organization SEEK have arranged Business Continuity Management for Crisis Situations seminar.