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Wednesday, 20 August 2008 07:35 |
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For now, the quiet seaside town of Rayong is probably known as much, perhaps not always fairly, for pollution as it is for property. However, its flourishing real estate market is starting to grab investors' attention. Over the last three years, returns have certainly been impressive. In older buildings, prices for some condo units originally acquired in non-performing asset sales have already doubled. On Mae Ram Phueng Beach, a 36 sq m studio unit at the towering V.I.P. Condominium that was marketed in 2005 for 500,000 baht now carries a 900,000 baht price tag. After refurbishment, a 70 sq m one-bedroom unit has shot up from one million to 2.5 million baht. |
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Read more... [Pattaya Property prices rising]
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Wednesday, 20 August 2008 07:21 |
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Siam Legal International in Pattaya is the only law firm in Pattaya that more offices in Thailand than any other law firm. The office in Pattaya is headed by our German lawyer who brings with him the expertise of not only property law but that of criminal law. It has been reported in the Pattaya Mail that currently 20% of all arrests in Pattaya are for drunken brawls mostly from the British expats. Most are released the following day however property damage unfortunately always follows these sorts of criminal behavior. Siam Legal located a stone throw away from the Pattaya Bus station in Pattaya, Chonburi sees its fair amount of criminal work. |
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Read more... [Criminal attorney in Pattaya]
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IFA has taken over just over 26% of the Raimon Land PLC. Raimon Land is a well known and very reputable Bangkok real estate development company. IFA has also taken 49% ownership of the new development called “The Lofts” South Shore project.Talal Jassim Al-Bahar, Chairman and Managing Director, IFA HR stated: “We are very confident in the Thai market and are pleased with the growth of Raimon Land. We will continue supporting the company in order to grow it further and expand it into more of a South-East Asian real estate developer.” |
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Read more... [Pattaya Property : The Lofts]
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