I don't know about Pattaya but here in Phuket condo blocks come out of the ground overnight all I see is a massive over supply who's renting them I don't know.
There is a project near me and I know people who own units in there, so 7 years ago they were 5.9 million baht very nice units 1 bedroom 57 sqm, I see units for sale 6.3 to 6.5 they cant sell them,
In that same project there is some 2 bedroom units they were 12 million baht, they would be lucky to get 9 million for them,
A good friend of ours owns one unit and she decided to do LTR the tenant brought a cat in, now she cant get rid of the smell so she cant rent it out, look like she might have to take up the floor, expensive job, she's trying to sue the tenants how many years will that take?