Luxury prices remain static
Luxury residential property prices in Bangkok remained flat during the second quarter, and only rose a meagre 0.2 percent in the year ending June 2015. Manila was the star performer, seeing the highest quarter-on-quarter and year-on-year rise anywhere in the Asia-Pacific region, according to new research from real estate firm JLL.
US and Europe Buying Luxury Condos in Thailand
Sorapoj Techakraisri, chief executive of Pace Development Corporation, the developer of the luxury condo MahaNakhon in Bangkok’s Central Business District, shared that demand for luxury condominiums is still growing among foreign buyers after the May coup. As reported in The Nation, Mr. Techakraisri commented, “From May 22 until June 20, we were able to sell [units of] MahaNakhon, worth THB 200 million, to foreign buyers from Europe and the US.”
The tallest building in Pattaya contains magnificent luxury residences
Reflection Jomtien Beach Pattaya is not just the tallest building in Pattaya, but the tallest skyscraper outside of Bangkok as well. The beautiful white exterior of the tower soars over Jomtien Beach, providing unmatched views of the sea. There is perhaps no better place to stay in Pattaya than this magnificent 55-story condominium.
