Many months and months ago I saw billboards in Pattaya advertising condos for sale for 75baht perday, the pictures looked nice, massive swimming pool threading its way between the buildings, grass and park area and several months into the world recession, so I didn't think much about it as I assumed it would just be shelved for a couple of years, then a month or 2 ago, probably longer I visited my land to battle with the jungle, (an ongoing battle) and there was their billboards, a few hundred meters from my land, they got a massive corner plot on Chaiyapruk Road next to Silk Road Village, Chaiyapruk Road is one of the only good roads on the wrong side of Sukhumvit, that was the main reason I bought my land there, 4 lanes of concrete with hardly any traffic, aint nothing like those crap parking lots like Soi Khao Talo or Soi Nern Plub Wan which are just constant traffic jams.
So its 8 buildings of 8 storys high and called Koral Home Resort & Residence, buildings A B C D the back condos overlook Silk Road Village which is a nice high end village, buildings E F G K the high floors should get sea views, albeit the sea is 4km away, probably the 3rd floor and up should be able to glimpse the sea at Jomtien.
The 1 million baht Pattaya condo, well, 950,000baht at the moment, normally the prices go up as they sell more, ok 30 square meters aint going to give you much room to swing a cat but they probably won't allow pets so you shouldn't come across that problem.
Of course if you got an extra 85baht perday you could upgrade to something a bit bigger with its own outdoor jacuzzi and garden
This map shows where the condo is being built, albeit it isn't scaled very well, from the plot to the beach at Jomtien is a 4km drive, also the Lotus and Outlet Mall it shows are actually on the corner of Sukhumvit and Soi Thepprasit Road which is also about 4km from the building site.
Their website does claim it is a "2 minutes away from the hustle and the crowds of the city center," I assume they don't mean Pattaya but that is the nearest city and I didn't see a helicopter pad on the plans, I could get to the beach in 2 minutes from there, but people might complain about me driving at 180km down Soi Chaiyapruk, obviously if I get caught at the red light on Sukhumvit that would blow the timing way out, probably a bit of literary license on that I think. But if you reckon 5 to 10 minutes to the beach depending on the lights and 15 minutes into town you wouldn't be far off.
So this is where they are at today, they got a builders camp set up to keep the guys on site, got half a dozen or more towers for the pile driving, a picture of a couple of the towers and a load of driven piles.
Seems to have gone up to 85baht perday but thats inflation for you, just means one less beer everyday, or in some of the more upmarket places maybe one less drink per week.
Billboard showing what the park will look like.
Looking at their website and the artists impressions it looks like its going to be quite smart thekoralpattaya.com
Anyway this thread will probably drag on for a while as they do the building, then of course they have Christmas and New Year holidays coming up, then Songkran, should be all finished this time next year