Demand rising in vibrant Pattaya condo market | Bangkok Post: property

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Demand rising in vibrant Pattaya condo market

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The average take-up rate of new condominium units launched in the Pattaya area in the first half increased slightly to 75%, with Pratamnak and Na Jomtien the most popular locations. 

Surachet Kongcheep, associate director at property consultant Colliers International Thailand, said the take-up rate in these two locations rose by 7% from the second half of 2012, while the remaining locations including Pattaya City and Jomtien had a slight decrease.

Many new condo projects were launched in Jomtien and Pattaya City in the first six months, which affected average take-up rates. Some projects in these areas introduced more than 1,000 units.

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