The number of condominiums on the property market in Hua Hin rose by almost a quarter in the first half of the year, fuelled by an increase in the number of Bangkokians purchasing homes in the area, it has been claimed.
According to a report by Knight Frank property consultancy, there were 22,619 units on the market in the area during the first half of this year, of which around 11,395 units were sold.
The purchase rate for new condominiums stood at 49% in 2012, rising to 52% in the first half of this year, leaving around 10,639 condominium units still on the market.
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