Pattaya set for first property show

Friday, 10 January 2014 From Issue Vol. XXII No. 2

Deputy Mayor Ronakit Ekasingh joined Mike Bridge from Exact Trading at a press conference held at City Hall on Monday the 6th to inform the media about the first Pattaya Property Show at the Hilton Pattaya from the 9th until the 12th of January.

The show is organised by Exact Trading Company Ltd, and has attracted over 50 leading developers and realtors from Pattaya, plus exhibitors representing real estate from Koh Lanta, Rayong and Koh Chang.

Pattaya Property Show organizer Mike Bridge (left) listens in as Deputy Mayor Ronakit Ekasingh (right) talks about how Pattaya has became a focal point for investment in the real estate sector.Pattaya Property Show organizer Mike Bridge (left) listens in as Deputy Mayor Ronakit Ekasingh (right) talks about how Pattaya has became a focal point for investment in the real estate sector.

The Platinum Sponsor is the Universal Group, and Gold Sponsors are Blue Sky and A+ Properties. Exhibitors include Raimon Land, Sansiri, Kingdom Property, REBA, The Urban, Ocean Residential Property, Siam Realty, Compass, Porchland, Beach Front, Sands, Nova Group, Siam Royal View, Beach Properties, Elegance, Mosaic, Onyx and the Riviera.

Deputy Mayor Ronakit Ekasingh spoke about how Pattaya has became a focal point for investment in the real estate sector as we now have great shopping, leisure and infrastructure and that the city was delighted to support the Pattaya Property Show as it will encourage more buyers and investors to the region.

The real estate industry plays a big part in the future plans for the City of Pattaya, as investors in the local economy and as major employers. Pattaya and Jomtien are now competing with Phuket, Hua Hin and Chiang Mai as major resort investment locations in Thailand.

According to recent statistics released by the Bank of Thailand, over 77.5 million land transactions were made last October in Thailand, over 14% in the Eastern region. Chonburi has seen 96,000 new housing units introduced in 2013, 60% in and around Pattaya.

Pattaya Property Show organizer Mike Bridge said, “Having carefully researched the market, we felt that now was the time to put together a professionally run exhibition in the centre of Pattaya to showcase local real estate. It would seem that this has been endorsed by many of the leading developers and realtors, who have now taken space at the Hilton this week.

“There are several factors driving the market here in Pattaya. Many international firms, including Chinese and Japanese blue chip companies, are moving to Rayong and Chonburi, and there are several major commercial projects being developed, including the CP Land’s 3,200 rai industrial park near Rayong. This is helped by the third phase of the Laem Chabang Port and the expansion of the U-Tapao airport, and promises of a high speed rail link in the future,” Bridge added.

From a tourism prospective, Pattaya attracted nearly 10 million tourist arrivals last year, and even the Chinese are adding the city to their vacation list now.

Also in attendance at the press conference were Sonia Punjabi from Universal Group, Roger Carlson the CEO of A+ Properties and Apichart Gulati from Blue Sky Group.

For more information visit www.pattayapropertyshow.com

Entry to the show, located in the hotel’s ballroom on the 17th floor is free. Opening times are Thursday January 9th 18.00-22.00hrs and Friday 10th - Sunday 12th daily at 11.00-20.00hrs.

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