Beachside real estate markets look set to lead recovery | Bangkok Post: business

Business > News

Beachside real estate markets look set to lead recovery

- +

Among five main tourist destinations, the property market in Cha-am, Hua Hin and Pran Buri will be the first to pick up as it relies on Thai buyers, whose sentiment and confidence have resumed after last month's coup, says the property consultant Colliers International Thailand. 

Sunchai Kooakachai, associate director of Colliers' provincial department, said a market recovery in these three beachside destinations on the peninsula is fastest, with condo units sized between 35-45 square metres and priced below 4 million baht, the best sellers.

"Thai buyers dominate this destination," he said. Last year the location recorded a take-up rate of 64% in the condo segment, followed by Pattaya and Phuket with 61% each, Chiang Mai (60%) and Khao Yai (55%).

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments