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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

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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.