Hua Hin Houses For Sale – Falcon Hills

Of all the attractive houses for sale in Hua Hin those at Falcon Hill Development are among the best.

Falcon Hill is located just off Soi 102 on 55 Rai of stunning land below a picturesque mountain (the Falcon Hill). Owned and project managed by Scandinavians, the whole project has been planned with quality, privacy and return on investment as primary considerations.

The architectural design of Falcon Hill is modern Asian. All the Falcon Hill properties are individually designed but are still unmistakably Asian in appearance. A main feature that reinforces the modern Asian design include ornate roofs that are a modern take on the roofing systems adopted in some of Thailand’s most notable and indeed historic buildings.

There are 6 main standard villa types available in the first 3 phases of building with living areas ranging between 202 and 283sqm and plot sizes up to 1,000 sqm. Prices range between 7.9MTHB and 18.5MTHB with prices for custom villas negotiable between the parties.

Highlights of Falcon Hill that all villas enjoy are-

Stunning main gate and entrance

Huge internal roads

Private road to project

Shuttle Service to City and Mall

Underground 3 phase electric

Standard LED lighting

Special designed roof with heat and water protection

Solid concrete structure with no hollow spaces

Thick isolated Qcon walls

Large covered Terraces

Large swimming pools with salt chlorinator and outside shower

Aluminium windows

European Standard electric everywhere

High quality kitchens, bathrooms, material, doors etc.

Daikin Air-conditioning Units and 4000 Litre underground water tank

Double carpark with storage room and huge sliding gates

In addition to the standard villas, Falcon Hill expects and welcomes requests from buyers for individual customisation of any type to meet specific requirements. All villa types can be adjusted, increased and multiple extra things can be offered. Not one house yet at Falcon Hill has been completed as 100% standard.

Terms of ownership can be arranged on a freehold basis or with a long term fully renewable lease arrangement to suit the buyer and Falcon Hill has a fully staffed Juristic office on site to offer convenience and peace of mind throughout the purchase and during ownership.

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In its own right Falcon Hill offers a very strong argument for purchase in the competitive local market but one aspect we have not yet mentioned seals the deal in our opinion. It is one of the oldest adages in the property world and is as true today as it ever was……..LOCATION, LOCATION, LOCATION!!!!

Falcon Hill is 4km from Hua Hin Town Centre and 3km from Hua Hin beach renowned as the best stretch of beach in the whole province and among the best in the country. Let’s explore some other facilities and attractions that are all located within a couple minutes from Falcon Hill:-

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Vana Nava Water Park – one of the largest water parks in Thailand and S. E Asia. Offers a multitude of thrilling water rides for all ages and a host of other entertainment options to keep the family busy all day.

 

Vana Nava Water Park Hua Hin

Bluport Mall, Hua Hin – a recently opened premium shopping mall incorporating a full sized department store, gourmet food market, 100 restaurants and over 1000 retailers. Bluport presents numerous festivals, events and activities year round.

Bluport Hua Hin

Hua Hin Bluport

True Arena, Hua Hin – Asia’s premier sports complex and the largest, most comprehensive sports centre in the seaside resort town of Hua Hin.

True Arena Hua Hin offers incredible world-class facilities, state-of-the-art fitness equipment and activities with personal trainers. Our flexible True Arena Hua Hin accommodates fun, competitive sports such as basketball and volleyball. A 4-story clubhouse, all sizes banqueting, wedding and conference spaces, a scrumptious all day restaurant, as well as a rooftop pool with gorgeous views of Hua Hin — all of this puts True Arena firmly on the map as a leading recreation and sports destination in Thailand.

Center Court, our main tennis stadium for world-class tournaments, with a capacity of over 5,000 seats and a sunken court design unique to Southeast Asia, and ten new plexicushion tennis courts keep tennis an exciting highlight.

Two FIFA regulation soccer pitches designed to host international teams round out the top-name TAHH experience with year long attractions and events such as the Jazz festival 24th-25th March, 2017 featuring Grammy award winning musicians never seen before in Asia.

Jazz Festival Hua Hin

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Mahsamutr Country Club – MahaSamutr, meaning “The Ocean”, the first and only private country club for the town of Hua Hin built around Asia’s first Crystal Lagoon and manmade beach. Found throughout North America, Europe and beyond, Country Clubs are fast becoming an integral part of Asian society.

Providing a focal point for the community, with a wide range of sporting, recreational, social and entertainment components, features a set calendar of activities for all members of the family to enjoy year round.

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Annual Asian Beach Polo Competition 2017 hosted by Intercontinental Hotel, Hua Hin will kick off in grand style on Saturday 1 April 2017.

The only charity beach polo competition in Asia, proceeds from the event go to Nabha Foundation to help the underprivileged.

The eighth Asian Beach Polo Championship 2017 to win HRH Princess Bajrakitiyabha’s trophy. Moreover, the tournament aims to promote Hua Hin tourism among local and international tourists to attend the beach polo championship and explore its beautiful beach.

InterContinental® Hua Hin Resort lends to Thailand’s premier seaside community unrivaled style, sophistication and comfort. Combining Eastern and Western design heritage, the low-rise beachfront destination spans a prime stretch of white sandy beach alongside sparkling gulf waters – a truly alluring setting.

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Browse these Houses For Sale Hua Hin here

 

Hua Hin House for Sale

Hua Hin Houses For Sale – Mali Prestige

Hua Hin House for Sale

Introducing Mali Prestige by Orchid Palm Homes, one of the best new developments in the region launching in March 2017. This is the 9th development from this reputable, experienced European developer who has been the recipient of numerous accolades at the Thailand Property Awards in recent years. They have been building houses in Hua Hin for the past 13 years non-stop.

Their previous nearby development, Mali Residence by Orchid Palm Homes, proved so popular it sold over 60 villas in under 2 years from breaking ground.

Mali Prestige is situated on 39 Rai (62,400sqm) of land in a peaceful location. Despite the beautiful surrounding countryside, the development is in a great location for all the amenities and attractions of Hua Hin and the wider region. Just 2km from a main arterial road of Hua Hin it is a 10 minute drive into Hua Hin town and within easy reach of the nearby highway giving convenient access to Cha Am and Bangkok to the North as well as the National Parks, Beaches and Islands to the South. The award winning Banyan Golf Course and prestigious Mahasamutr Country Club are minutes away and the whole local area is seeing big investment in infrastructure and developing quickly.

There are 3 styles of villa to select from though the developer is flexible and may be able to work with buyers to suit their individual requirements. All the villas are turnkey which means they come fully fitted and furnished to a high standard and the buyer need only provide their personal possessions.

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The Villa Orchid Prestige is the same as the Villa Orchid but includes an island design kitchen with built in appliances, a larger swimming pool at 9.5m x 4m, an outside BBQ area with gas BBQ & a sun deck area. The design as the same apart from these features. Open plan living for a ncie feeling & a great space for relaxing & entertaining. Standard features included.

Included in the sales price is a Furniture Voucher with a retail value of 700,000 Baht to be spent at Beautiful World Furnishings.

Visit our House For Sale Hua Hin Listing for more information on the Mali Prestige

Hua Hin Condo For Sale

Hua Hin Condominiums For Sale

Condos in destinations such as Hua Hin and Cha-am can be a very attractive long-term investments as they continue to be popular among local and foreign tourists.

A survey by Plus Property Co Ltd, a property agency arm of Sansiri Plc, said the market response rate for Hua Hin and Cha-am stood at 72 per cent, with a high demand for property in Cha-Am and Khao Takiab.

Despite a slight slowdown in Hua Hin and Cha-am this year compared to 2015, the tourism outlook in these destinations is still good, with more than 3 million local and foreign tourists visiting Hua Hin in 2015, or an increase of 3 per cent from the previous year. This continuous rise in tourists has resulted in a good market response for locations near tourist accommodations.

Condos For Sale Hua Hin

Overall, these areas show a 72 per cent market response rate versus total real-estate supply, the company’s deputy managing director Anukul Ratpitaksanti said.

“Hua Hin and Cha-am are highly favoured destinations among Thai and foreign travellers, due to beautiful geography, great food and the fantastic relaxing environment. Tourism is therefore helping to drive the local economy, with positive impacts to the real-estate market,” he said.

The Hua Hin – Cha-am real-estate market is expected to expand further in the next three to four years thanks to the government’s plan to develop a high-speed rail connection from Bangkok to Hua Hin and dual rail systems from Nakhon Pathom to Hua Hin. There are also plans to expand roads, develop several tourism attractions and with the new large department stores that have open their doors, Hua Hin is truly a great place to purchase a condominium, either for living in or as a rental investment property.

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Hua Hin Condos For Sale – Baan Kiang Fah

“Hua Hin and Cha-am are highly favoured destinations among Thai and foreign travelers, due to beautiful geography and continuous development of new tourism attractions. Tourism is therefore helping drive the local economy, with positive impacts to the real-estate market.”

That is according to Anukul Ratpitaksanti, Deputy Managing Director of Plus Property, an arm of the famous Thai Property Developers, Sansiri Group. Sansiri has over 30 years’ experience developing literally hundreds of condos and other properties here in Thailand and abroad. They are the holders of numerous awards for the quality and standard of their developments including 2016 Asia Pacific Property Awards – Highly Commended for Interior Design Apartment Thailand, 2016 Asia Pacific Property Awards – Best Architecture Multiple Residence Thailand and 2016 Luxury Lifestyle Awards – Best Luxury Residential Real Estate Award.

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Sansiri are currently developing 16 condominium projects throughout Thailand including projects in Bangkok, Pattaya and Phuket. Their latest project offering Condo for sale in Hua Hin is the 26-storey, 616 unit Baan Kiang Fah. Set on nearly 5000 square metres within its own landscaped gardens, Baan Kiang Fah offers stylish contemporary living combined with all the facilities owners expect in new Condo projects.

There are three types of units available from studios (30/32 sqm), two bedroom units (55/62 sqm) and three bedroom units (97sqm). All the units are spacious, built to a superior standard and finished using quality fixtures and fittings. The gate manned by 24-hour professional security guards, extensive CCTV coverage, covered parking and key card security systems ensure a safe environment to relax and enjoy all the facilities. The 5th floor communal pool and deck give a fantastic panoramic view over the whole of Hua Hin. Wireless access, a fully equipped fitness centre, recreation centre and even a library are all available to owners.

The location could not be better. Between Hua Hin Town and the increasingly popular Khao Takiab the beach is a few minutes easy walk away. Directly behind the tower is the True Arena, one of S.E.Asia’s premier sports facilities with numerous activities catered for including tennis, badminton, soccer, fitness. basketball etc. The tennis facilities are of international standard and True has hosted multiple ranking tournaments in recent times. Also close by are Vana Nava Water Park, Rajabhakti Historical Park, Bluport premium shopping mall and the award winning Banyan Resort and Golf Course. Shopping, dining, recreation and health facilities within touching distance make life at Baan Kiang Fah a breeze.

Foreigners can purchase up to 49% of the total floor area of a condominium on a freehold basis. It is therefore important to be aware of a condominium’s foreign ownership quota before buying.

Visit here for more details on this Condo For Sale in Hua Hin

Hua Hin Property Investment

Investing in Hua Hin Property

Hua Hin Property Investment

The stunning resort, that is Hua Hin is situated in the centre of the country in the Gulf of Thailand  is an idyllic destination for
holidays, or to reside in, due to its fabulous beaches, a relaxing ambiance, delicious cuisine and choice of upmarket shopping
outlets.

People select Hua Hin as the location to buy land or property for numerous reasons ranging from using it for vacations, to live in
when they reach retirement age, or as a business investment. A major resort, Hua Hin has gained its reputation from its captivating
landscape, first rate infrastructure, international golf courses, great restaurants, and interesting entertainment which appeals to
everyone looking for a second home. A modern infrastructure and international hospitals and schools make its potential attractive to
people from all over the globe.

Over the past 5 years or so Hua Hin has seen a rapid increase in the number of tourists that arrive every week and it has become one
of the most famous and popular tourist destinations in Asia.

People come to Hua Hin for all kinds of reasons, the main ones being the relaxing and friendly atmosphere you can find here.

This popular tourist destination has adapted to its increasing numbers of visitors by constantly developing the infrastructure and has
some of the finest hotels and restaurants to be found in Thailand. People travel here from all over the world and whilst some only
stay for a few weeks holiday they generally find themselves returning year after year, others love it so much they decide to buy a
holiday villa or house either to use as a second home or as an investment for the future.

Luxury Pool Vilas For Sale Hua Hin

More and more people are investing in Hua Hin property to provide an additional income or as an investment as the potential they offer is
apparent. Luxury pool villa rentals are in demand as they are extremely cost effective and can really make a holiday one to remember,
offering people the privacy a hotel can’t provide, Hua Hin has all the elements required for the idyllic holiday destination.

when investing in a holiday rental property in Hua Hin, fees will vary on what level of management you require but generally include
liaising with guests, a weekly or daily maid service as per your requirements, and necessary maintenance such as cleaning the pool,
gardening and other general upkeep. Hiring a company to manage your property can save a lot of time and trouble as they take care of
absolutely everything for you, and the charge is minimal when compared to the income you can get from luxury holiday rentals Hua Hin.

Buying a villa, apartment, or house in Hua Hin has been proved over and over again to be an excellent investment as a holiday rental.
They provide the perfect holiday home where you can spend a few months or weeks a year, or make money from it by renting it out when you’re not staying in Hua Hin yourself.

About Hua Hin

About Hua Hin and Hua Hin Property

Hua Hin Train Station

Hua Hin started as a quiet fishing village off the south coast of Thailand but since Thai royalty built their summer palace there in the 1920’s it has steadily become a very popular destination for captivating scenery, and relaxation. It’s a beautiful district with vibrant culture. Common pass times in the area include: golf, shopping, massages and relaxing on Hua Hin beach. Every year locals hold festivals for food, jazz and cars. It truly is a different environment and lifestyle when compared to crammed cities. If you’re thinking a more relaxed lifestyle is in order Explore Thailand for Property are able to help find a home for you in this idyllic paradise.

Explore Thailand for Property of Hua Hin was established by 7 years ago as a family oriented local real estate agency. What better way to find out about the area and where the best places to go, and the best locations for your Hua Hin property are than to ask a local?

The team at Explore Thailand for Property want to find the perfect fit for their clients so they are very inviting of questions and are detailed in their descriptions of local areas.

Hua Hin Beachfront at Night

Trying to buy or rent property in a different country can be confusing. Not only can it be difficult to find someone fluent in your language but there are also the different laws and regulations to consider. Explore Thailand for Property has a compliment of Thai and international staff that have a broad range of skills geared towards making your buying or renting experience more relaxing. Not only are all staff fluent in English, but many are bilingual with languages ranging from all corners of the world. It is important to Explore Thailand for Property that their clients are always heard and are always aware of important information which is why good communication is a vital foundation of the company.

The Hua Hin property market is strong and will continue to grow.

Browse the Explore Thailand for Property listings database has a large selection of property for sale Hua Hin, houses for sale, condos for sale, villas and land for sale in Hua Hin. Our professional team of real estate agents offer free consultations to assist you with buying or selling Hua Hin property, and will provide you with information you need about owning a home, bungalow, town house, land or commercial investment business in and around.
The team at Explore Thailand for Property are residents living in Hua Hin and want other people who share their love of the culture to be their neighbors. With firsthand experience into the day to day life of locals, the Explore Thailand for Property are able to give descriptive, insightful answers to client’s questions. Many clients actually make contact months before even coming to Thailand to ensure everything is in order and all questions are answered before viewing properties. With all of the support and information offered by Explore Thailand for Property, clients are able to relax during their transition to Thailand and start enjoying the beach life style sooner.

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Buying Off-plan property versus completed property for sale

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There are many considerations for buyers and investors to think about when making a purchase, and one of the first decisions is whether to buy an off-plan property or a completed one.

Both options come with benefits and draw backs, and a lot will depend on the buyers’ risk preference.

Purchasing a property off-plan has the benefits of being able to choose the best units. By the time a condo or villa development is completed it is certain that the best available units will have already been sold. Getting in early gives buyers greater choice.

When buying a condo in Hua Hin the highest demand in the best locations is for foreign freehold units. Under the Thailand’s Condominium Act 2008, only 49 percent of space in a condominium can be owned freehold by foreigners, therefore delaying a purchase until a condo is completed will almost certainly mean missing out on that foreign freehold quota.

One major reason for buying off-plan is to generate a larger capital gain through the assets appreciation, once the development is completed. This is very attractive for owners, property investors and speculators. Capital appreciation when buying during the pre-sale period is can be as much as 30 percent, and between 5 percent and 10 percent when buying during the construction phase.

Owners, speculators and investors look to buy in to a new project as early as possible and take advantage of pre-Launch Prices. During this period the developer will still be in the process of obtaining building permits, confirming plans and getting their EIA (Environmental Impact Assessment).

Property developers want to start generating income through sales as early as possible, so they will offer buyers pre-launch incentives, usually in the form of large price discounts, guaranteed rental returns, finance options and more. At this point buyers will get the lowest prices and achieve the largest capital gains upon completion.

Another advantage of buying off-plan is that payments can be spread over the construction period. For condominiums this can be up to two years, and for villas between 10 and 18 months.

Buying off-plan can give buyers greater input into the design of their property, particularly for villa properties where structural changes to the property, such as changing the floor plan or adding additional rooms, can be made. Sometimes it is also possible with condos, as buyers can purchase two adjoining units and create one larger unit. Buyers can also make decisions on décor, furnishings, bathrooms, kitchens and appliances at this early stage.

Obviously buying off-plan is not all upside, otherwise everyone would be doing it, and the benefits have to be weighed against the potential downsides and benefits of buying a completed property.

A major factor when deciding whether to buy off-plan is the right choice for you is the risk factor. There is always a risk the project might be delayed or not complete at all, which doesn’t arise if you are purchasing a completed property. These potential downsides can be tempered by dealing with a real estate agent who has a good knowledge of the local market who will point the purchaser in the direction of only the most reputable developers. A good agent will also be able support the buyer with any associated services they may need e.g. legal, administrative, inspections, maintenance etc.

Unless the developer has a show unit or an earlier-completed development, buyers will be unsure of the quality they will get upon completion. When purchasing a completed property, buyers can see, touch and feel the finished product so they know exactly what they are buying.

For property investors who are buying to generate income through rental returns, off-plan properties cannot start producing a rental income until completion. In the case of a condominium this could be two years or more. For this person, purchasing a completed property will be more suitable as it can start produce income immediately. Hua Hin, and Thailand in general, has historically produced very attractive rental yields compared to other property markets globally.

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If a development is completed but not sold out, developers will often offer promotions on completed properties, such as free furniture package, or free transfer fees to try and get the remaining units sold. This can be a good option for buyers although they will not receive the same capital gain in asset value as when buying off-plan.

One of the downsides with resale properties is that they will usually require some redecorating or renovation work to get the property in line with the buyer’s tastes. Although a lot of redecorating and renovation work can be done for relatively low cost in Thailand, especially compared with Europe or Australia for example, it still requires time and effort on the buyer’s behalf.

Normally when buying a resale property, you would miss out on much of the capital appreciation that could be generated by buying off-plan however, such is the case in the resale market right now that there are some incredible offers which will generate an equal capital gain as buying off-plan once the market in Phuket has recovered.

The world economy still remains weak, the Thai baht is still strong against many currencies but Thailand’s political situation is misunderstood by many would-be buyers who are not familiar with the Kingdom. However, every cloud has a silver lining and the upshot of this is that there are some fantastic offers available to buyers, both in the resale market and from developers.

For those who sit on the side lines, forever waiting for the Thai baht to weaken or the next elections, they are likely to be too late and will likely miss the bottom of the market which will already be recovering. Now is a great time to be a property buyer in Hua Hin.

Hua Hin fitness centre

True Arena Hua Hin Sports Centre is Now Open!

Hua Hin Prenier Sports Centre

The FitNet Club is just one component of what makes True Arena Hua Hin such an amazing facility. Located on almost 40 rai of land, True Arena Hua Hin is one of South East Asia’s first sporting destination with international standard equipment and world tournament facilities.
Developed and built by the Liptapanlop family’s Proud Real Estate Company, it was designed to provide the Hua Hin community and beyond with an active, healthy lifestyle and to help develop athletes from around the world to excel in their individual sport.

Hua Hin fitness centre

The centerpiece of True Arena is its five story clubhouse. Here you will find Hua Hin’s finest fitness facility, The FitNet Club. With 1,500 square meters of space on two floors, The FitNet Club combines the latest and greatest gym equipment in both machines as well as free weights. The FitNet Club also has the most cardio machines available in Hua Hin. From their treadmills, bikes and elliptical trainers, you can surf the Internet, watch movies and TV shows, listen to music and read books via a USB port or through the machines themselves. Their cardio machines allow you to burn calories while you run or bike through pre-programmed tours of national parks and cities from around the world. Personal trainers are available to make the most of your workout and all are accredited.

The FitNet Club also has two exercise studios. One is dedicated to RPM (spinning), probably the best calorie burner, and the other hosts classes for Zumba, Body Combat, Body Pump and Yoga with more classes to follow. The FitNet Club holds the only Les Mills license in Hua Hin. The Men’s and Women’s locker rooms are spacious and each include a steam room as well as private showering rooms. The FitNet Club is open from 6:30am to 9pm daily so there is no excuse not to find time in your day.

True Arena Hua Hin is designed to be a social club where friends and family come together to get fit and have fun. On the ground floor you will find their Maria Restaurant and Sports Bar. Maria’s offers a tantalizing and energizing variety of Italian, international, Thai and Asian cuisines in a casual yet luxurious atmosphere. It’s the perfect place to meet up and relax after a tennis match or a workout. Their Sports Bar features sports broadcasts on large screen HDTVs. It is a great place to watch all the big tennis tournaments & other sports from around the world. Maria’s is open all day to all guests and is also available for special events, with a 130-140 person capacity.

On the clubhouse’s rooftop, also known as Hawk Eye Rooftop Bar, you will find their 25-meter infinity pool offering first class food and beverage service and spectacular views of Hua Hin.
If tennis is your game, then this is truly the place for you. True Arena Hua Hin features 10 professional quality 18 x 37 meter Plexicushion courts, exactly as used by the Association of Tennis Professionals (ATP), the Women’s Tennis Association (WTA) and The Australian Open for practice and competition. If you want to improve your game then their onsite tennis professionals can offer you coaching, workshops, fitness and workout counseling for all levels of play.

Hua Hin Tennis Club

In addition to the 10 tennis courts, True Arena also boasts a “Center Court” designed to hold the greatest matches in the region. The only sunken court in South East Asia, it was inspired by The Australian Open’s Rod Laver Arena. The court currently has seating for close to 1,000 but can boost that to a 5,088 seat capacity arena. Facilities already exist for HD broadcasting, press conferences, large rooms specially outfitted for the media and a private players lounge. It is also an excellent venue for other events such as concerts and large business seminars.

Hua Hin Fitness Arena

True Arena Hua Hin is a world class sports facility and we are lucky to have it located here. For membership information or to request a tour call 032 909 633

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Thailand’s Property market will growth by 5-10 per cent nationwide in 2016

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Thailand’s Property market will growth by 5-10 per cent nationwide in 2016, said the president and chief executive officer of Pruksa Real Estate, Thongma Vijitpongpun.

“When the government starts to invest in infrastructure projects that will open up new land for property firms to develop residential projects.

“We believe that Thailand’s property market will show average growth of 5-10 per cent a year from 2016-2020,” he said.

Foreseeing strong long-term demand for homes, Thongma said Pruksa had a strategy to maintain average business growth of 15-20 per cent a year.
“We will launch more new residential projects nationwide to serve strong demand in the market,” he said.

Supalai deputy managing director Tritecha Thanmatithum is also confident that the property market this year will grow by 5-10 per cent. This is thanks to such government measures as cutting transfer fees, and also the investment in infrastructure.

In keeping with this market environment, Supalai plans to launch 28 or 29 residential projects worth up to Bt35 billion next year. Twenty projects worth Bt20 billion will be low-rise developments such as detached houses and townhouses, and eight or nine will be condominiums worth a total of Bt15 billion, he said.

Ananda Development president and CEO Chanond Reunkitiya agreed with the growth prediction of 5-10 per cent. The company plans to launch 10 residential projects this year. Eight projects will be condominiums, four of them developed by a joint venture with its Japanese partner Mitsui Fudosan, and the other four it will develop itself. Two projects will comprise detached houses.

Meanwhile, property agencies said the demand for homes was still growing strongly..

While more consumers are expressing interest in developments, they still prioritise locations that are quiet and good for families.

According to a survey by the Real Estate Information Centre (REIC) of Government Housing Bank, demand to buy land for development of commercial and residential buildings is growing strongly.

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Hua Hin Property Market is Still Strong

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According to a recent report by Colliers International Thailand, Hua Hin’s property market continues to grow despite struggles in many other cities around Thailand due to the poor economic climate. The greater Cha Am, Hua Hin and Pranburi areas have seen a high level of Thai buyers who are looking for a second home near the ocean.

The demand from Thai buyers for properties selling for around THB3 to 5 million still continues to grow, both for houses and condominiums. The reported added that buyers are more interested in condominium projects close to the coastal areas but not necessarily beachfront projects as well as detached houses.

There are some foreigners are buyers in this area as well, but only a small number of them with most looking for small detached houses in the Hua Hin Inland area. There are also a number of expats staying in beachfront condominium projects that were completed more than 10 years ago, due to the lower prices. Most foreigners that are staying in the Cha Am, Hua Hin and Pranburi areas are already retired and decided to live in Thailand because of the lower cost of living, the convenience, the safety and the nearby international hospitals.

There are several completed and planned large-scale projects in Cha Am, Hua Hin and Pranburi that are drumming up more interesting in the area. The recently opened Vana Nava water park and the planned Central Shopping mall are just a few such projects that will make the area more desirable. There are also several infrastructure projects being planned by the government. The Bangkok – Hua Hin high-speed train and the new ferry pier for a planned Pattaya – Pranburi route should improve accessibility to the region.

Take-up rate is not an issue among developers with projects in the area, but transfer rate is a concern. The reported said there are more than 8,000 condominium units that are scheduled to be completed and transferred in the second half of 2015.