Thai Property Continues To Be the Top Most Priority among the Investors
Raimon Land, one of the leading developers of Pattaya recently stated that it’s projects will be opened on the planned time with the latest approval of the EIA for The Lofts Southshore and the ongoing progress for the company’s major development, Northpoint. The persistence of these projects in the face of the financial slump disproves any negative outlook that the property market of Pattaya is inactive.
With the approval of the EIA for The Lofts Southshore, the project can now get off to its completion with assurance as the major trouble being solved. Till now, approximately 90 units of this project were sold; viewing that off-plan sales buoyancy is still there among careful investors, in spite of political disturbances.
Northpoint, too, is making major developments, work having been constant through Songkran and with the destruction of the beachfront sales offices, the primary work on the landscaping can begin.
Raimon Land’s fresh project, The Edge, has just gone through the intangible design stage, displaying excellent progress for the company all together in Pattaya. On the whole, Pattaya property market looks to be in a good position, with prices are constant.
A persistency in prices is also observed in Samui and Phuket, where there is a different disinclination among developers to decrease prices. They keep up any reductions would be motivated by investor influence and the overseas and local ex-pat investors, who comprise the majority of the investors in these two resorts, do not have enough weight of power and developers which would to a certain extent take developments off-line and put them on hold than making available significant discounts. Though, the condition may be dissimilar in Bangkok, as the majority of investors there are Thai, who do have the necessary control.
With the approval of the EIA for The Lofts Southshore, the project can now get off to its completion with assurance as the major trouble being solved. Till now, approximately 90 units of this project were sold; viewing that off-plan sales buoyancy is still there among careful investors, in spite of political disturbances.
Northpoint, too, is making major developments, work having been constant through Songkran and with the destruction of the beachfront sales offices, the primary work on the landscaping can begin.
Raimon Land’s fresh project, The Edge, has just gone through the intangible design stage, displaying excellent progress for the company all together in Pattaya. On the whole, Pattaya property market looks to be in a good position, with prices are constant.
A persistency in prices is also observed in Samui and Phuket, where there is a different disinclination among developers to decrease prices. They keep up any reductions would be motivated by investor influence and the overseas and local ex-pat investors, who comprise the majority of the investors in these two resorts, do not have enough weight of power and developers which would to a certain extent take developments off-line and put them on hold than making available significant discounts. Though, the condition may be dissimilar in Bangkok, as the majority of investors there are Thai, who do have the necessary control.
Labels: leading developers, local ex-pat investors, sales offices
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