Ungabunga

Both myself and friends have used a company called Paragon Properties - they are very decent straight-talking bunch of guys who made sure we got the best possible deal (the same plots of land were 20% more expensive with other agents).

Go and have a chat with them, one guy is called Eddie, from Newcastle in UK and is really helpful - he works at their Jomtien office. Tell him Martin from Hull sent you! See what he says. Good luck.

"Due to be completed by September 2009." Yeah, right.

Their current, comparatively minor, project, Residence 3 was due to be completed last November and is still under construction.

I heard they had sold some towe units at 90,000 baht a square metre but that the price will go up to 100,000 baht a square metre now that building permission is granted. Please form an orderly queue.

The price is currently 100,000 Baht / Sqm but this will go to 120,000 Baht as soon as it is officially launched pending Environmental Approval - due late August/early September 2006. They have already sold about 18% off plan and looks like the prices will continue to rise - with mostly investors - alot from Australia (Gold Coast) who are familiar with this style of project. I know that financial advisors in Australia have advised clients to buy there! The infrastructure leading to the site will change considerably, with roads being widened. Some restaurants will disappear too - notably those near the Hanuman statue near Family mart. The price of 'progress' I'm afraid. The website will be online soon, currently under wraps. Check it out at www.ocean1tower.com

Hope this helps.

Cheers

Jomtien. First pic taken 2001, then second one from almost same viewpoit (top of Jomtien Complex) in March 2006. Just 5 years separates the two images....!! We don't really notice the differences from ground level as much do we?

My mate works for a real estate company in Pattaya and he reckons that the owners are largely responsible for the prices going up and up - not the agents. As an example, a bungalow in Pratumnak he sold to a couple of french mincers in October last year went for 8.3 Million. Against my mate's advice they now want to sell it for 11.0 Million!! Just Greed, pure and simple. I used to live in Spain and come here coz it was much cheaper - now I can see that in 5-10 years time how it's going to go the same way here. Well, you never know I suppose.