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Posted: 21 Oct 2011 | 6:00 am
Pattaya's Waterfront condohotel project has been restructured with new Israeli investors stepping in to the rescue.
The news come via media outlet Property Report South East Asia saying the 52 floor tower will hit the market with a combination of 315 condos and 100 hotel units.
As the project previously had purchasers and defaulted, buyer's funds have been returned accorded to the new development group.
A new name, Park Plaza Waterfront Pattaya has been selected for the new launch.
Condo activity in Pattaya remains at the highest level in the country after Bangkok, and a number of new projects are expected to hit the pipeline in the next few months.
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:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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