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Jomtien ranked hottest market in East for houses

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Jomtien ranked hottest market in East for houses

Pattaya-news-3-M-28-06-Chonburi-real-est

PATTAYA:--Government Housing Bank officials said Jomtien Beach is the hottest property market in the East.


The bank’s Wichai Wiratkapan said at a May 28 seminar at the Pullman Hotel G Jomtien that 78.7 percent of available houses sold during the second half of 2018 for a total 714 million baht, outpacing all other parts of Chonburi, Rayong and Chachoengsao.

 

GHB’s Real Estate Information Center listed the best condominium market as the Lake Mabprachan area of Nongprue Subdistrict with 97.3 percent of all available units selling for a total 1.9 billion baht.

 

Behind Jomtien Beach in the house market was Laem Chabang with 76.1 percent of units sold for 3.7 billion baht; The Utapao airport area of Sattahip with 74.3 percent of units sold for 8.8 billion baht; Lake Mabprachan with 71.7 percent of units sold for 9 billion; and Ban Bung District with 68.9 percent of units sold for 8.1 billion baht.

 

Read more: https://www.pattayamail.com/news/jomtien-ranked-hottest-market-in-east-for-houses-256114

-- PATTAYA MAIL 2019-06-04--

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For Jomtien at an average of 2 million b per unit that would be about 350 units.  Sounds possible many new projects last year and the newer places have been selling.

As bad as it seems the RE market is I hope at some point it turns around makes for an overall healthier economy.

They could create a huge boom pretty quickly in sales and prices if they offered mortgages to foreigners. But that will never happen.

 

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Jomtiem (if you must live in Thailand) is woefully underrated and cheap given it's cleaning sea winds, infrastructure and transport links. 

 

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Yeah, but who wants to live in Chachengsao?

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9 minutes ago, Anythingleft? said:

Happened to be down Jomtien today, place stinks to high heaven along the beach road

As for condos around Mabprachan I wonder how big a radius they put on that....

Sent from my SM-N950F using Tapatalk
 

50 km 🙂

 

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All part of the Thai property owning scam.  Talk it up and you'll get more suckers reeled in.  I'm willing to believe if you overbuild thousands of condos round Jomtien some will outsell other areas.  But how many houses are selling?

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On 6/4/2019 at 7:57 AM, jacko45k said:

Strange, quite a few houses near me remain unsold!

That's a global phenomena. It's known as 'too expensive'!

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On 6/4/2019 at 7:25 PM, beautifulthailand99 said:

Jomtiem (if you must live in Thailand) is woefully underrated and cheap given it's cleaning sea winds, infrastructure and transport links. 

 

correction excessive 2.5 particle pollution for high season and much of the year... 

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1 hour ago, tlandtday said:

correction excessive 2.5 particle pollution for high season and much of the year... 

Compared to other Thai cities it is much better Jomtien has its own micro-climate with winds coming in off the sea and circling around the bay. It can feel fresh and 'clean' in Jomtiem when it feels hot and foetid in Pattaya. My wife has a serious snoring problem in the UK when we stay in our Jomtiem facing 15th floor condo during the high season for 3 months it clears up. 

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Posted (edited)
On 6/4/2019 at 1:28 PM, grollies said:

Yeah, but who wants to live in Chachengsao?

Big 'bisnet' temple but the locals prefer to use the old prefab to do their incense and 99 eggs nonsense. Apparently, it is lucky for 'biznet'. And that's about it you're right !

Edited by beautifulthailand99

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