AWOL Issue 328

Page 1

Classifieds

Your free weekly newspaper since 2008

issue 3 28 15 May 2015

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property prices in hua hin area most expensive in thailand, survey says

hua hin, THAILAND A survey carried out by the Agency of Real Estate Affairs (AREA) on property prices in Thailand’s largest 26 cities has revealed that houses and condominiums in the Hua Hin and Pran Buri districts of Prachuap Khiri Khan province were the most expensive in the country last year, with an average unit price of 4.48 million baht compared to 3 million baht in Bangkok, 3.51 million baht in Phuket’s Kathu district, and 3.35 million in coastal Pattaya. This news may come as a surprise to many home owners in Hua Hin who are trying to sell their properties, many at bargain prices, but this is largely driven by the huge number of new properties available and still being built in this area, particularly condominiums, and which in turn are generally seeing the second hand property market shunned by many buyers who want a brand new property. Long term this situation will begin to even out as the most desirable properties will be older ones in better locations, but the Hua Hin market is still quite a way from maturing to that extent; however smart buyers can pick up some stunning slightly older properties at great prices right now, all over the Hua Hin, Cha Am, Pranburi and surrounding areas. Clearly the survey indicates that this area is still one of the most desirable places to live in Thailand, if prices can be used as a good indicator, which they are generally accepted to be. If you are looking to buy, sell or rent a property, check out our Property Marketplace on page 6, the Property Classifieds on page13, or the AWOL Property and Lucky Real Estate websites (www.awolonline.net/property and luckyhuahin.com).

victorguesthouse@gmail.com 032 511564 60 Naresdamri Road, Hua Hin

GET RACING FROM ONLY 400 BAHT! OPEN EVERYDAY 10.30AM - 7PM, LATE NIGHT BY APPOINTMENT Call 032 547 199 (Office) or 081 817 3000 (Mobile) Soi 2, Phetchkasem Road opposite Hua Hin Airport

www.gokarthuahin.com


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