Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Pattaya City To Urge Higher Limits On Foreign Owned Condos.

Featured Replies

CITY TO URGE HIGHER LIMITS ON FOREIGN-Owned condos

Pattaya City Hall will press the government to raise foreign ownership limits on the city’s condominiums from 49 percent to 70 percent. According to Deputy Mayor Ronakit Ekasingh, the move would be a great investment opportunity for the arrival of the ASEAN regional market to be introduced in 2015. Pattaya Mayor Itthiphol Kunplome has promised to raise the matter with Interior Ministry officials.

Full Story:http://pattayatoday....n-owned-condos/

--PATTAYA TODAY 2012-04-21

[newsfooter][/newsfooter]

"Pattaya City To Urge Higher Limits On Foreign Owned Condos"

Translation: We have a seriously over-built condo market and we need to find more foreign suckers to bail us out! smile.png

Edited by FarangBuddha

Just shear greed...

Why worry about tomorrow, after all, tomorrow is another day, (Thai Logic).

Does that mean the value of currently owned foreigner owned condos drops overnight? Because in the current market there is a differential in value between foreign owned capable (higher value) and not.

  • Author

Good that they are still pushing for the 1 Rai ownership issue for a personal dwelling, that would be most welcome for a lot of people.

It is based on the assumption that tourist arrivals and revenue in the resort city will triple over the next five years.

That's a lot. In a city with only baht bus cattle trucks for public transport, no real taxi meters, and no other mass transit system. Uh oh! w00t.gif

"Pattaya City To Urge Higher Limits On Foreign Owned Condos"

Translation: We have a seriously over-built condo market and we need to find more foreign suckers to bail us out! smile.png

Bingo.

Doe's this mean that the older Condos will sell for less than the newly built? enabling the developers to make more profits?

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.