All out to sea: Pattaya market strong and not just because of foreigners | Bangkok Post: news

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All out to sea: Pattaya market strong and not just because of foreigners

Demographics are changing in the popular resort area as an increasing number of Thais flock to premium developments

  • Published: | Viewed: 1,482 | Comments: 2
  • Newspaper section: Spectrum
  • Writer: Surachet Kongcheep
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There appears to be no let-up in the appeal Pattaya holds for condominium buyers, both Thai and foreign. With units of all types available at a wide range of prices, the resort city is poised to remain a vibrant market at least for the next few years. 

HISTORICAL SUPPLY

Pattaya had a total of 46,700 condominium units at the end of 2012. Only 590 were completed and transferred during the year, reflecting the low number of launches since the economic crisis of 2008-2009.

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