Post on 03-Apr-2018
7/29/2019 Pattaya City Market Reprt H2-2012
1/13
Pattaya City Condominium
market rePort | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
2/13
2011 / 2012
Supply
lAuNCHES
pRICES
TAKE-up
Pattaya City Condominiummarket rePort
THAIlANd
.ciers.c.th
Pattaya City Condominium Market
HIgHlIgHTS
Js 590 s w cpl sf 2012. th l f cpl
c s gs h dp f L h f 2012 s l
46,700 s. th lvl sll f s cpl sf s pl
h lw b f pjc lchs h w f h ws f h cc css wh
vlps hl bc h b f lchs, whch hs sc s xpll
bw 2011 & 2012.
appxl 7,250 wl-lch s w c h sc hlf f 2012.
th vg -p ll lcs f h P c cs b 7%
fromtherstsixmonths.
th vg pc f ll pjcs ll lcs 2012 s 13% lw h h pc 2011, hs s bcs f h -gs lw- c pjcs lch 2012.
th w J Sc r wll h s sl vlp hgh h
cpl g 2012, wh pjcs schl f h sc hlf.
mARKET INdICAToRS
H2 2012 | condominium
th b f wl-lch s
h sc hlf f 2012 cs
f h l lch g h
rsthalfof2012.Thiswasduetothe
hg vl f c s
bg lch g h ps
andthersthalfof2012whichare
sll vlbl h , csg
vlps hl bc h
lchs f w pjcs. i ,
s w c pjcslch h sc hlf
sll vlps f ppxl
250 s.
Sc : Clls il thl rsch
NEwly lAuNCHEd IN H2 2012
NEw lAuNCHEd CoNdomINIum uNIT IN pATTAyA CITy
7/29/2019 Pattaya City Market Reprt H2-2012
3/13
HISToRICAl Supply
Sc : dp f L Clls il thl
a h f 2012, h l sppl f c s
approximately46,700.Duringtheyear2012aratherlowgureofjust
590 s w cpl sf, pl h lwb f lchs f h cc css.
a l f c pjcs psp h cpl s 2013,
h csc w shg. Cpls f c
s 2012 w h lws h ps fw s. Wh h aSean
g pg p 2015 s xpc h g ws f
neighbouringcountrieswillstepinandlltheexistinglabourshortageswh h csc s.
Supply
CumulATIvE Supply IN BANgKoK
Pattaya city condominium rePort market | H2 2012
COLLIERS INTERNATIONAL | P. 2
7/29/2019 Pattaya City Market Reprt H2-2012
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Supply By zoNE, H2 2012
Sc : Clls il thl rsch
P pv b h s ppl f h c
h s p 2000; hwv f 2001 ws h J
hs spl cl gwh h bc f g
bchf sc vlp ss. P, h c,
w fcs scc f vlp ss hs h vlbl
bcg phbvl xpsv. dg 2005, h P Cas pvs b lg thpp r
c w J Sc r xs. th ws
designedtoalleviatetraccongestionfromthebeachroadandnowhas
ss lg bh s gh.
m c pjcs w lch lg J Sc r
h J s f h lg-scl pjcs, s
ppxl 15,400 s w schl b cpl g 2013- 2015.
CumulATIvE Supply IN BANgKoK
CoNdomINIum Supply By loCATIoN, H2 2012
Sc : Clls il thl rsch
th lgs c sppl s J, psg b
41% f h l, fllw b P wh ppxl 31%.
m lg-scl c pjcs w lch h
J , s ppxl 15,400 s schl bcpl 2015 h J . a 10,100
c s w xpc b h
g 2013 - 2015 h P .
The pattern of overallreal estate development is dierent for
J P, s P cs h vs j f bh
hls ccl vlps, whch lvs v l
l sppl f lg-scl cs.
COLLIERS INTERNATIONAL | P. 3
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
5/13COLLIERS INTERNATIONAL | P. 4
accg vlps ls 14,000 s schl b
cpl 2013; h 3,900 s J ws h hghs
b f ll lcs, fllw b P wh 3,400 s.
J sll hls h lgs sh f h c gg
h f wh l 15,400 s xpc b cpl g
2013 - 2015.
NewlaunchesforH22012decreasedfromthersthalfbyaround30%
w pjcs w lch h n J . J s
sll s fshbl f vlps, l 3,000 s bg
lch h sc hlf f 2012, h hghs f ll lcs.
th j f c pjcs lch h ps w s
hv fcs -pc lw- bs, hgh h s
xcps cc h pp f h , ls pg
strong sales gures. Mainstream buyers, both foreign and Thai, are
mostlylookingforanaordableholidayhome,notfarfromthebeach,
wh g fcls s g f cgs vlp
wh g c c.
Sc: Clls il thl rsch
n: dvlps xpc cpl s
Sc : Clls il thl rsch
CumulATIvE fuTuRE Supply By yEAR ANd loCATIoN
NEwly-lAuNCHEd uNITS By loCATIoN ANd HAlf yEAR
fuTuRE Supply
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
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lISTEd CompANIES IN THE pATTAyA mARKET
COLLIERS INTERNATIONAL | P. 5
m ls cps w fcsg h s s Bg,
P, Chg m, kh k, kh y, Ch a, H H u
th. S ls vlps lch h pjcs v h ps
severalyears,whilesomelisteddeveloperslaunchedtheirrstprojects
P g 2011 - 2012.
ms vlps P lcl cps h v
sccssfl h . Hwv, s c pjcs
P w ls vlp b ls vlps f Bg. r
L hs b sccssfl P v h ps h s wh h
pjcs h bl. Ps Plc. ls lch c
pjc bh th av P v h ps fw s. mj
dvlp lch hgh-s pjc h n J
chvg hgh -p ls . i , s hl
g gps ls lch c pjcs j
vs wh c vlps, whch h sllg p s
condominiumprojectwithve-starhotelmanagementandfacilities.Thes fs, cpbl vlp 2011 ws LPn dvlp, s h
launched their rst project in the Banglamungarea alongSukhumvit
r whch ws sl fw hs. th sc pjc h
J ls h hgh -p , s h lch h
pjc h Wg h ls q f 2011. Ql Hs
Plc. js lch w w c pjcs h P
g g fbc f bs. Ss plc. hv cl lchh B Pl H vlp wg wll b cg
w pjc cll th Bs Cl P, h lw
sg f h .
Lcl vlps P hv b hg h sg h
fllwg h c f ls vlps h j f
h c chv hgh p s. ms lcl vlps hv
b g vlp h ls sgs s wll s pjc
ccps wh sg, fl fl fs sch s w
ps, lg lg swg pls hs f xpl h als,
Cbb az ccps. Sg cp s psv fc
f ll bs, s vlps sv bg h pjcs lvls fnishingtoahigherlevelinordertocompeteandretainmarketshare.
CumulATIvE Supply IN BANgKoK
Pattaya city condominium rePort market | H2 2012
dEmANd
TAKE-up RATE of lAuNCHEd pRojECTS SINCE 2010
Sc : Clls il thl rsch
th vg -p ll lcs f h P c hs
increasedbyaround7%fromtherstsixmonths,becausesomenew
pjcs f ls vlps hv h hgh -p ;
c pjcs b lcl vlps ls cv g fbc
f th fg bs.
th vg -p f Wg ws h hghs h sc
hlf f 2012, l w w pjcs bg lch h pvs
sx hs.
TheNaJomtienareahasshownthehighestincreasefromtherstsix
hs f 2012, h 10%, b s f w c
pjcs bg lch h sc hlf, whl h h xsg
pjcs h ls h hgh -p s g h sc hlf f
2012.
CumulATIvE Supply IN BANgKoK
7/29/2019 Pattaya City Market Reprt H2-2012
7/13COLLIERS INTERNATIONAL | P. 6
foREIgN owNERSHIp / domESTIC dEmANd
i cs h ls fw s wh fg bs w h s
f h P J pp sc, w sg bl
f th bs ll sgs f h . F s h
j f h fg-w lcl vlp cps sggl
sll h 51% th q, hwv, h s w shf s chs th ls vlps cg P chv g p
ratesfromtheThaimarketanddonotcomeclosetollingtheirforeign
wshp q. th ls vlps fcs h
g h fg sg, whch wh l
wlw cs cl b sbl.
th th s pcll b-cscs s fllw
wll-w s sch s LPn, Q Hs, mj dvlps
h bg s sch s Ss. oh s wll cgs lcl
vlps hv scv h c f g b hl
cp h pjc whch s s h vlps
, sls bh ths fgs cgg.
th rss c s slc g h sc hlf f h
yearanditappearsthattheyarelessaectedthanothernationsby
glbl cc pbls, hgh pl h b h
lw f h . ep, Bsh ac bs hv
shw h s pvs s, hwv, bs f
asl hv b bl hgh 2012 pfbl xchg
s.
egg s, sch s i Ch, hv w s ph s h w. W blv h hs cs cl q
pssbl bc h sppws f h f wh cs bg
pp P.
thgh 2012 w wss w g f cs f ll
ps bgs g h w z b h ssv
sccss f h cbl -p s s s. C
pjcs ls sl s s s h w lch, hs
svl hs ch 50 70% sl; hwv, h vll sls
v cgg f h gl h ss b
sppg h s ppl h P hls f bh vss
ss.
2013 pss b sg s w wss
pjc lchs wll s hss f s b
cpl h v xc bs wh g cp.
th vg sllg pc p sq Wg s h
hghs ll lcs f P c. th w l w w pjcs
lch hs g h sc hlf f 2012, llwg h
g xclsv.
m lg-scl pjcs w lch h J s
f h w fcsg -g lw- bs, s h
vg pc hs s lws P c.
ms f h c pjcs lch P c g h
ps 18 hs w fcs h lw f h ,
s h vg pc f ll lcs s lw, cp h pc
2010.
Sc : Clls il thl rsch
AvERAgE SEllINg pRICE pER Sq m By loCATIoN, H2 2012
pRICE
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
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BEACH fRoNTAgE ANd HEIgHT of CoNdomINIumS EffECT oN pRICE, H2 2012
loCATIoNAvERAgE SEllINg pRICE
(THB / Sq m.)
AvERAgE SEllINg pRICE (THB / Sq m.)
BEACHfRoNT oTHER AREAHIgH RISE
(> 8 storey)
low RISE
(< 8 storey)
Wg , , ,89 , ,
P , , ,
P , 8,9 ,
J , , , , ,
n J 8,9 , , 9, ,
Bch fg s h v cg hgh pcs f lx
cs. Pcs c s b v 100% wh pjc s lc
b h bch, spcll h Wg n J s.
th vg sllg pc f hgh-s pjc s hgh h h f lw-s, h cs csc css, h pvlg f
hvg s vw f ll s ls cs p. Hwv,
c lw-s pjcs wh phss fcls sch s lg
h lg swg pl s sl s wll f
c hgh pcg.
COLLIERS INTERNATIONAL | P. 7
Sc : Clls il thl rsch
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
9/13COLLIERS INTERNATIONAL | P. 8
th c P hs bs v h ls
18 hs fllwg h sl pfc f 2011. J s h s
ppl f fg th bs lg b sc
homeincloseproximitytothebeachatanaordableprice.Mostofthe
pjcs lch hgh 2012 h cg hs fcsg h -pc lw- .
J, pcl, s h s f vsppl vss lg f
sg ls hgh cpl ppc. as lfsl chc f
an end-user, Jomtien can oer some very attractive properties at
aordableprices,particularlyalongJomtienSecondRoad.
Fgs ths ls ql b s bs, whch
ssss vlps sllg pjcs 100% bs qs.
Hwv, h gg eu b css sss wll hv gv pc
vss cg f cs wh h e z. ephss shl
b plc b vlps h sc wh csg
spsbl c w f fss f P fllwg h
oodinginmanyareasin2011.
S w p pjcs w csc xpc b
cpl 2013 - 2014, sch s C nw az P,
r W P. i , nss Plc. ls pls vlp
300 f l lg Shv r n J, pls vlp
w c pjc w hsg vlp. appxl
100 f l wll b s vlp w p plz cll th
G kg. Wh ll pjcs cpl, th fg
ss wll b c h pp P c cl b
ppl.
SummARy 2012 ANd foRECAST 2013
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
10/13COLLIERS INTERNATIONAL | P. 9
AppENdIX
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
11/13
zoNINg
COLLIERS INTERNATIONAL | P. 10
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
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P s c lc h s cs f h Glf f thl b
165 shs f Bg. i s wh, b h jsc
f aph Bg Lg h pvc f Chb. th c f P
s slf-gvg cpl h cvs h whl tb f ng
P, n kl, ps f H y ng Pl L. i s lc wh h
hvl slz es Sb z, lg wh S rch,
L Chbg Ch B. i hs ppl f 556,916 cvs f 49.37 Sq .
P c ccps s f h csl f Bglg ( f h 11
scs h cps Chb Pvc). i s v lg
h sc h sps h s h s f nl bch (h
hs bch) P bch (h bch), pls h
Bh Hll hl (l sh f P bch),
sll sh sc cvg h h s f J bch,
whch ls cl sh f Bh Hll.
th p cvs h P c s wll s n J
sc s bw P c P b whch
css p f h vll cs.
Pattayacitycanbedividedintovezonesforthepurposesofthisreport.
Blw s s f ch z.
1. woNg AmAT
ths s h h h f P n s cs
pcfl, p- lc lvl w sg f c
development.WongAmatbeachisconsideredthenestinPattayaand
bss svl f h hgh lx hls cs.
L bchf l shl s h pcs cs
wh h ppl f hs f bh ths fgs.
2. pATTAyA
ths s cs s h c c. th sc f bch f
Cl r sh h hb s jc h c f Ps
b ghlf . P n klg h s fv b
as vss, spcll Chs & k. a lg b f xps
pls ls pf hs lc s ccss f h
hghws. th f Sh P s ppl g ml es,
Sh as rss vss. th lg S 15 Sc r s
jg sgc ppl gs bs.
3. pRATumNAK
Lc h sh f P bg J, P s
cs q sl wh x f lx vlls, hgh
lw s cs. P fs w bchs, Cs
Bch H u thg whch ppl wh rss
Scv vss. rscs c vlp, l
vlbl f l sbl f h shl s h pp
pcs P wll sl s.
4. jomTIEN
J bch s b 1 sh f P Hll. th lcl s h
hgh-s cs, bch f hls, shps
ss. th h bgg f J s cs bs,whl h lc h f hs bch w s n J s
cs b ch pcfl lss cgs.
5. NA jomTIEN
n J bch s sh f J pll s hv
bchf s lss vlp s sl. th
cc s Shv , whch s lc bw 5001,000
s f h bch, hs xs B aph bch
Shp sc.
Note: The report covers residential areas located on or west of Sukhumvit
road.
COLLIERS INTERNATIONAL | P. 11
Pattaya city condominium rePort market | H2 2012
7/29/2019 Pattaya City Market Reprt H2-2012
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Pattaya city condominium rePort market | H2 2012
RESEARCHER:
thlSch kgchpS mg | rsch
EmAIl sch.gchp@clls.c
ths p h sch ls b f wbs www.clls.c.h. Qss l
f h shl b c h rsch dp h b c bv. ths c hs
b pp b Clls il f vsg gl f l. Clls il s
gs, pss ws f , xpss pl, gg h f clg, b
l , ws f c, ccc lbl. a s p shl h w
qs s h ccc f h f. Clls il xcls qvcll ll f pl
s, cs ws sg f hs c xcls ll lbl f lss gs sg
therefrom.ColliersInternationalisaworldwidealiationofindependentlyownedandoperatedcompanies.
acclg sccss.
522ocesin62countries 6 csa l l s cslc wlw
2ndmostrecognizedcommercialrealestatebrand
glbll2 lgs pp g
1.25 bll sq f g
ov 12,300 pfssls
coLLierS internationaL tHaiLand:
Bangkok Ofce17/F Plch C,2 Shv r, klg,Bg 10110 thl
TEl +662 656 7000
fAX +662 656 7111EmAIl f.h@clls.c
Pattaya Ofce519/4-5, P Sc r (opps Cl FsvlP Bch), ngp, Bglg, Chb 20150
TEl +6638 427 771
fAX +6638 427 772
EmAIl f.p@clls.cHua Hin Ofce27/7, Pchs r, H H,Pchp kh kh 77110 thl
TEl +6632 530 177
fAX +6632 530 677EmAIl f.hh@clls.c
CollIERS INTERNATIoNAl THAIlANd
mANAgEmENT TEAm
Pattaya oFFiCe
m Bwlg | S Sls mg
Sp Sjs | S Bsss dvlpManager/OceManager
Hua Hin oFFiCe
Sch kch | assc dc
ProJeCt SaLeS & marketinG
mch owgps | assc dc
reSidentiaL SaLeS & LeaSinG
npsw Chph | mg
adViSory SerViCeS | HoSPitaLity
J mc G | dc
retaiL SerViCeS
ashw Wch | assc dc
reSearCH
Sch kgchp | S mg
oFFiCe SerViCeS
nw rs | S mg
induStriaL SerViCeS
n rsvph | assc dc
adViSory SerViCeS
np tch | assc dc
reaL eState manaGement SerViCeS
ths tsch | assc dc
inVeStment SerViCeS
n Swl | assc dc
Ws rjjl | S mg
VaLuation & adViSory SerViCeS
Phchs Phh | dc
W Ssw | assc dc