Results 1 to 5 of 5
  1. #1
    Thailand Expat
    William's Avatar
    Join Date
    Jul 2005
    Last Online
    19-05-2013 @ 06:37 AM
    Location
    In jail
    Posts
    5,822

    Property near Hua Hin still selling

    Property near Hua Hin still selling

    Charn Issara, Sansiri both active in resorts

    KANANA KATHARANGSIPORN
    The Hua Hin and Cha-am property market remains strong with at least two condominium projects worth a combined two billion baht scheduled to open this month. Phanom Kanjanathiemthao, managing director of the property agency Knight Frank Thailand, said beachfront plots in Hua Hin and Cha-am were becoming rare and that no new beachfront projects were launched last year.

    However, value-conscious buyers and retirees who are likely to spend six months a year vacationing in the resort destination can still buy non-beachfront single houses priced between three million and five million baht.

    Mr Phanom said that retirees with a budget of between $400,000 and $500,000 could buy a second home for about $100,000, and spend just 50,000 baht a month on living expenses.

    Another segment is resort home buyers, which includes Bangkok residents and wealthy foreigners attracted by the convenient access to Hua Hin, just three hours away by car.

    Knight Frank is managing the sales for Baan Chaan Talay Cha-am worth 1.4 billion baht, being developed by Charn Issara Viphapol Co Ltd, a subsidiary of the listed developer Charn Issara. Plc. So far, 20% of the units have been booked.

    Scheduled for launch this weekend, the project comprises six buildings with a total of 175 units in modern tropical style. Twenty-two units located on the ground floor have private pools.

    Unit sizes are between 56 and 395 square metres and priced at about 70,000 baht per sq m or between three million and 30 million baht a unit. The project is located on a 14-rai plot on Phetkasem Road Km 210 in Cha-am. Construction is scheduled to start in June and end by 2009.

    The listed developer Sansiri Plc, meanwhile, plans to launch the Baan Sandao Hua Hin condominium this month in Hua Hin, owned by J&W Development, a property arm of the imported furniture distributor Decor Mart and the sanitaryware distributor Grand Home Mart.

    Sansiri will develop and manage sales for the project, which is located on a 3.8-rai site in Soi Hua Hin 69 about 150 metres from the Hua Hin market. The project's value is about 600 million baht.

    It comprises four, four-storey buildings and a seven-storey building with 97 units. Unit sizes range between 50 and 220 sq m with prices between three million and 33 million baht each.

    Pradit Sintavanarong, J&W Development's president, said the company was diversifying into high value-added property. He said the company had joined Sansiri in designing and building furniture for the latter's luxury residential projects, and had also worked with the Sansiri subsidiary Plus Property on townhouse and condominium projects in Bangkok.

    J&W Development has registered capital of 600 million baht. It has a serviced apartment in Soi Thong Lo with 39 units and a total area of 19,000 sq m where its showroom is located.
    The company also has a factory and warehouse in Bang Na-Trat Km 38 and plans to expand into the Japanese food and beverage business through Food Obsession Co. Its businesses generate more than 50 million baht per year.

  2. #2
    ding ding ding
    Spin's Avatar
    Join Date
    Jul 2006
    Last Online
    @
    Posts
    12,608
    Soi 69 is central Hua Hin but 33 million for one condo?

  3. #3
    Dis-member
    Dougal's Avatar
    Join Date
    Nov 2005
    Last Online
    13-07-2019 @ 01:53 PM
    Location
    Head Rock
    Posts
    3,507
    ^ Not everyone is a pauper like you .................................. and me

  4. #4
    I am in Jail
    Butterfly's Avatar
    Join Date
    Mar 2006
    Last Online
    01-02-2019 @ 03:12 PM
    Posts
    39,832
    Quote Originally Posted by Helicopter
    Soi 69 is central Hua Hin but 33 million for one condo
    A bit overpriced I believe

  5. #5
    Dis-member
    Dougal's Avatar
    Join Date
    Nov 2005
    Last Online
    13-07-2019 @ 01:53 PM
    Location
    Head Rock
    Posts
    3,507
    I will have to investigate.

    3 million for 50sq m isn't much of a bargain either - that's not much bigger than my car port.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •