Rem September 2013

Page 1

REALESTATE e n i z maga thailand

One man’s vision for the future of Pattaya

Nigel Cornick talks to REm on the first anniversary of Kingdom and Southpoint

property exhibition planned for pattaya

Issue 148 • September 2013 • www.remthai.com

เรียล เอสเตท แม๊กกาซีน ไทยแลนด์




who’swho

Managing Director Dave Buckley Tel: 087 988 0799 dave@remthai.com Publisher/Editor Mesiya Watson may@realestatemagazinethailand.com

Our team

Since 2001 – Thailand’s first English language property magazine

What’s in a name? I’m sure you have all noticed (not!) that I switched radio stations a month or two back. It didn’t make the national TV

Sales and Marketing Wongduan Roberts Tel: 087 535 8096 duan@thailandpropertymagazine.com or realestatemag@hotmail.com or dave@remthai.com Office/Accounts Tel: 038 406519 or 08 6335 2474 dear@thailandpropertymagazine.com Web address www.remthai.com Artwork, Design & Layout Zen Grafix • Tel: 038 406519 Publisher Pattaya Property Consultants Co Ltd 21/27 M5 Soi Nern Plub Waan Nongprue • Banglamung Chonburi 20150 Tel: 038 406519 or 08 6335 2474 Fax: 038 041158 Publication Licence Number 2/2549 Disclaimer: All rights reserved. No part of this magazine may be reproduced without the written consent of the editor. The publishers are not responsible for any error contained within the magazine. The publishers also accept no liability for the accuracy of statements made by the advertisers or writers. The views of correspondents are not necessarily those of the magazine. Articles are produced containing upto-date information to the best of our knowledge. However, we accept no liability for information contained within any article. Copyright © Real Estate MAGAZINE Thailand 2013

2•REm•Issue 148•09/2013

news – though crashing into a McDonalds take-away did – so I think you could be forgiven for missing the momentous event. I’m now on Mix 88.5FM alongside Tim Gladwin from Jones, Lang LaSalle at around 12.20pm on a Wednesday. There was

Dave Buckley reflects on how difficult it must be to come up with a slick name for a new project

no unpleasantness or aggro involved in the switch. Simply the guys at 105FM sold the station to one of this magazine’s competitors. In fairness, the new owners said I was welcome to stay on but, call me a miserable old git, I struggled to see how it could be a good idea. Anyway, you are probably wondering why I bother to mention this. The reason is that I was talking on the radio station the other day alongside Nigel Cornick, the head of Kingdom Property, who was about to celebrate his own birthday and the first birthday of his company’s Southpoint project. During our on-air chat we got talking about Kingdom’s next planned project and the question was posed: Do you have a name for it yet? Nigel admitted that he didn’t and even asked

listeners to let him know if they had any ideas. You may have heard him. Afterwards it got me thinking about just how difficult it must be to come up with an original name for a project in a city where so many are launched in quick succession. The similarities in some of the names is just plain confusing. Take The View at Cosy Beach or Cosy Beach View, for example. The fact that they are right alongside each other only adds to the uncertainty. Nigel named his first project Southpoint perhaps influenced by the fact that he had been instrumental in the development of Northpoint while with Raimon Land. Now just down the road from Southpoint another project called The Point is being marketed. I could make “what’s the point” type jokes until the cows come home but there is a real point (last time I’ll use the word) in trying to get the name right. I’ll give you an example that has long stuck with me. Several years back a major project was planned to the south of the city and, as part of it, there was a hotel due to be named the St Moritz. When I spoke to the marketing guy he kept mentioning that the hotel’s aim was to reflect the best of the French Riviera. If that was true, I commented, why were they calling it the St Moritz which lies in the Swiss Alps. He got very flustered I can tell you. Maybe he was confusing it with St Tropez! What’s in a name? The answer is “a lot”. So if you have any original name ideas let me or Nigel know. The Kingdom project is on the beach at Wongamat. How about The Keys and give it with a nice Florida theme? Or has someone beaten me to it?



OURadvertisers AAAA Properties

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Beach Properties

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Coconut Grove (CSP Construction)

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Coco’s Bistro & Coffee Lounge

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Del Mare (Porch Land)

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Green Field Villas 5

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Laguna Beach Resort – The Maldives (HH)

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Long Beach Condo Ban Amphur

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Mantra Restaurant & Bar

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Masters, The

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Movers & Shakers

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Nam Talay (Nova)

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Nick the Pizza

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Robin’s Nest Restaurant & Guesthouse

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Sky, The – Jomtien (Matrix) Waterfront Suites & Residences (Tulip) 4•REm•Issue 148•09/2013

Inside back cover 20-21



OURCONTENTS

cover story Looking back on Southpoint’s first year

Pattaya LIVING

PL13: up town top ranking ... the world No 3 tennis player Andy Murray heads the line up for the Thailand Open in Bangkok. PL17: the great

12

escapes! The quiz Lessons learnt and progress made. Nigel Cornick, chief executive of Kingdom

this

Property, reflects on the first year of his company’s Southpoint development and

as the people who

looks forward to a bright future for it – and the city overall.

have famously used

month

looks

their own form of “get out of jail free” card. How much can you remember? For example what is the name of the beautiful prison alongside?

34 28

Now The Riviera comes to Pattaya. Developer Winston Gale concedes that The Palm will be tough to follow.

6•REm•Issue 148•09/2013

52

On the up in Bang Saray! The Del Mare project sets the pace as this seaside town expands big time.

Return of the house! Bart Walters

PL26: the fabrics of life – Thailand is

looks at how housing projects are

blessed with many great materials to help home

giving customers what they want.

owners and that very much includes super fabrics.


NEWSREPORT

Property exhibition planned for Pattaya A new real estate exhibition in Pattaya has just been announced, targeting international tourists, local expats, local business and Thai visitors from Bangkok and other regions of Thailand. The real estate industry in the region has grown dramatically over the past few years, and Pattaya has become one of the most successful areas for property investment in South East Asia. It is with this back ground that The 1st Pattaya Property Show will take place at the award-winning five-star Hilton Pattaya on 9-12 January 2014. This four-day consumer exhibition will showcase new developments including condominiums, villas and town houses around the city and from other regions in Thailand. Conceived and organised by Exact Trading Company, they expect more than 45 leading

developers and realtors to participate. The show is supported by the Property Report, Pattaya Condo & House Guide, Russian Real Estate Thailand Magazine, this magazine (REM) and other media companies yet to be announced. Mike Bridge, the event manager, has successfully run in excess of 300 property shows in the Middle East, Europe and in Asia. Bridge said: “We are aiming this new event mainly at tourists, as it is a well-known fact that a large percentage of real estate sold here is to foreigners. Therefore being located within the busy Central Festival Shopping Centre, we are confident of attracting a large number of serious buyers over one of the busiest holiday periods of the year.” Charlie Warner owner of Silvermover Company, the official marketing partner,

said: “There is a clear demand for such a show at this moment in time. There are so many new property developments being launched between now and early next year, competition for buyers between developers is increasing and with PLC companies such as Sansiri, LPN, SC Assett and Q House entering the market, the message is clear, Pattaya is the place at the moment to invest.” Several booths have already been reserved in the first week so if you are interested to promote your project or service, please hurry! Website www.pattayapropertyshow. com is available in three languages, Thai, English and Russian. The organisers are expecting to attract more than 3,000 investors and buyers over the three-and-a-half day event in January.

Auction No 2 date The second in a series of Pattaya Property Auctions is set to take place on the 15th of this month. Venue will be the Holiday Inn in Beach Road once again and registration will be from 10am with the auction starting at 11am. The first auction was dominated by condo units from a small group of leading developers but this time the emphasis has switched to private re-sale units, both condos and villas. Details of the lots and more information can be gained by visiting www. pattayaproperty auctions.com.

Raimon Land post solid second quarter earnings Raimon Land PCL has announced a solid 2Q FY 2013 with a net profit of Bt228m, a jump of 61 per cent quarter-on-quarter and 126 per cent year-on-year. With a secured backlog at the end of the second quarter of 2013 of Bt15.1bn and recognized revenue in its current projects valued at Bt1.7bn, the company’s gross profit margin is at a high of 34 per cent. No complacency Raimon Land’s chief executive Johnson Tan said: “This quarter’s result is evidence that transfers at The River (Bangkok) are going as planned. Our team has worked very hard to keep up with the pace but we cannot be

complacent as there is always room for improvement. “This will prepare us well for the 185 Rajadamri (Bangkok) and Zire Wongamat (Pattaya – pictured) projects when these are ready for delivery.” Since Tan took the helm he has been involved in overseeing key fundamentals in the company’s operations. Other than ensuring that the transfers of the mega project, The River is taking place efficiently, he implemented various financial disciplines and also managed to lower the company’s borrowing costs. Just recently launched, The Lofts Ekkamai, Raimon’s loft-inspired condo, has also enjoyed successful sales having already sold almost half of all the units.

Want all your property news on-line? Visit www.remthai.com 09/2013•Issue 148•REm•7






COVERFEATURE

Confidence in Pattaya has never waivered

I

f you ever get despondent about the prospects for Pattaya I can recommend chatting to Nigel Cornick, the chief executive of Kingdom Property. His company has just celebrated the first birthday of their opening project – Southpoint on Pratumnak. Nigel is a long time advocate of the city and when I spoke to him recently just before his 60th birthday I sensed no let-up in his enthusiasm, writes Dave Buckley. We were chatting about Southpoint’s first year over brunch at the Hilton along with Kingdom’s vice-president for marketing Irina Breslavtseva. When asked if his company was planning further projects in Pattaya he said “yes, of course”. Kingdom have already bought land in the Wongamat area – “between The Palm and Northpoint” where they are planning a single building high12•REm•Issue 148•09/2013

rise. “We expect to be able to launch it in about six months’ time,” said Nigel. Cornick has been a devotee of Pattaya since he was instrumental in launching the Northshore and Northpoint projects during his tenure as CEO of Raimon Land. He said: “The signs are still great for Pattaya. The economic indicators for Thailand overall – and the Eastern Seaboard in particular – are good and I have seen nothing to change my thoughts from a year ago.” Motor interest Nigel made reference to the surge of interest from motor makers to build manufacturing plants in the country. Areas around the port of Laem Chabang will see growth in the car component field, he feels. He also thought it interesting to note how many Chinese are now visiting the country, “the

increase has happened in a relatively short space of time,” he said. Had Southpoint’s first year all been plain sailing, I asked. “Two telling things have happened in the past 12 months,” said Nigel. “One, is that the Russian market is not as strong as it used to be compared to when we were selling Northpoint at Raimon Land. Then we had wealthy Russians buying in Northpoint in big numbers.” Cornick said he had been away from the scene for three years when he headed Binswanger Brooker Thailand before he re-entered the market with Kingdom and the market had changed in that time. “There are so many distribution channels now that maybe the market has become more diluted,” he said. “It is quite possible that there are the same number of buyers out there, but

they are just spread wider and over more projects.” The second telling thing to happen is that agents, for whatever reason, have not delivered buyers as expected or hope for. “We have 275 agents registered with us,” said Nigel, “and maybe we see a couple of them per week.” Agency loyalties Irina said: “Many agencies are loyal to certain companies which can be a problem for us. And you need to remember that Russians are comparatively new to buying properties overseas.” Cornick’s response to agency apathy has been to appoint Bishop Real Estate to become the co-ordinating agency for sales in Southpoint. Ma’am Bishop and Cornick got back a long way to their time at Raimon and her agency have been delivering customers and


sales to Southpoint while other have been virtually dormant. “Nothing changes for the agencies. They are still very welcome to market Southpoint,” said Nigel, “and their commissions will remain unaltered but we felt the time was right to ask Bishop Real Estate to drive the sales effort.” What has pleasantly surprised Cornick during the past 12 months is the interest from Japanese buyers and from Hong Kong. A while back an entire tower on the Southpoint development was bought with a view to establishing a building of serviced apartments leaving just the balance in the main block. When I spoke to Nigel in August of last year we discussed the impact of so many low priced condominiums coming onto the market around the same time. The quality of his own project

meant he was untroubled then. What was his view now? “I think companies will find it difficult to sustain these low prices in future,” he said. “When you combine the price for buying the land with fees to agents, money for marketing, transfer fees and the like on a Bt1m unit there may be only Bt10,000 per sqm left to get the thing actually built if you want to make a profit. We are spending at least three times that at Southpoint. The numbers don’t add up.” Secondary market Cornick predicts that the secondary market will come into its own in the near future and interest in well built, used units will increase. “People will be seeking all the more to buy in quality locations and that will be good for us,” he said. Pointing to the islands we

could see from our vantage point Cornick spoke in glowing terms about the potential they offered. “There’s lots of opportunity out there for resort development. We have some great islands here,” he added. “Of course infrastructure will be key to the city’s progress,” he said. “There is no question that Pattaya is the resort destination for the whole of South-East Asia. That’s why infrastructure questions are so important. I think city hall are working hard. Look at the widening of Beach Road. That has been carried out cheaply and quickly and they should be praised.” What else did he see in Pattaya’s future? “I think we will have a casino here at some point. Singapore has worked out that if the gambling is properly controlled it can be great for the economy. But the subject of casinos is such

a hot potato that I can’t predict when it might happen here.” Could he see possible clouds on Pattaya’s horizon? Worst scenario “The worst thing that could happen is if two or three major projects grind to a halt with little prospect of resuming in the near future,” said Nigel. “I’m not saying this will happen. But, if it did – and a high profile developer were involved – it would do the reputation of the Pattaya market little good.” At Southpoint the clubhouse is built and currently doubles as a showroom. The piling has been completed and the main construction contract has been awarded to Bouygues Thai who have started work. The build is estimated to take two years. A year ago Nigel said he had no reason to be pessimistic about the future of Pattaya. Nothing has changed! Ω 09/2013•Issue 148•REm•13


Est. 2001

PATTAYA REALTY th

12

Pattaya Realty Co.,Ltd. Anniversary 2001-2013

3 bed 3 baths

House : Na Jomtien

4 beds 6 baths

House : East Pattaya HS5818

4.300.000 THB

Reduced for Quick Sale

1 bed 1 bath 138 sqm

1 Bed 1 bath 65 sqm

2 Bed 2 bath 89 sqm

Condo: Pratumnak CS5479

4 bed 4 baths

9,000,000THB

Condo: Central Pattaya CR7938 15,000/Month

Condo: Pratumnak CS7731 5,500,000 THB

Condo: Baan Amphur 2 beds 2 baths 137 sqm CS4093 4,490,000 THB

Pattaya Realty Co.,Ltd. Eng: 089 833 6175 Thai/Eng: 090 465 4563 www.pattayarealty.com

3 bed 4 bath

2 bed 1 bath 138 sqm

3 beds 3 baths

HS6100 14.900.000 THB

HS5438 28,500,000 THB

House : East Pattaya

House : East Pattaya

House : Mabprachun - Pong

HS7060 7,000,000 THB

3 bed 3 baths HS3250 10.750.000 THB

Condo: Jomtien

Condo: Pratumnak 1 bed 2 baths 100 sqm CS3871 3,500,000 THB

CS7972 5,900,000 THB 35,000/month

House : East Pattaya HR7974 105,000/month

Pattaya Realty Co.,Ltd. Tel: 038 412301/038 412302 Fax: 038 429462 Email: info@pattayarealty.com

House : Jomtien 3 beds 3 baths

HR1591 55,000/month

Our office address 219/1 Tipp Plaza Pattaya 2nd Road.Nongprue Banglamung Chonburi 20150


Pattaya Realty Restaurant: Jomtien

Resort 22 Houses, size 9600 m sq, fully furnished 68M.

Commercial

MS6960

Guesthouse:Jomtien

Virgin beach front land for sale at Chumphon 1,300 Rai (2,080,000 m sq) 500,000 THB/1 Rai Sale 650M.

LS6901 Corner Unit Jomtien Complex 4 Storey 12 Rooms 60K/Month 3 storey building,3 rooms,1 kitchen, 1 counter.Fully furnished, MR7895 Lease 800,000 THB Rent 30,000/month

Disco Club: South Pattaya

MR7270

Guest house Three storey house, Buildung size 156 m sq, 7 bedrooms, fully furnished, laundry

MS7463 Sale 29,950,000 THB

Walking St Bar,good location 2.5 m/Rent 195,000 per month

MS7624

Resort:East Pattaya

Very Profitable Go Go Bar Soi LK, 18 Million, further details available with proof of funds.

Brand New Night Club, Fully equipment, Very nice, ready to open/work/run business, just open the door. 2 Floor, 560 Mq,

MS7628 Sale 12,000,000 THB

7 Luxurious suites and apartments , each with private mini pools

Commercial three storey for sale. close to city, close to shop, amenities.

MS8067

MS7663 Sale 69,000,000 THB

Guesthouse:South Pattaya

Hotel:South Pattaya

Massasge Shop :South Pattaya

Guesthouse 4 storeys 9 studio rooms, fully furnished, Internet,

The Hotel consists of 56 rooms, ranging from 24Sqm studios up to 155Sqm. 2Bdrms suites.

Massasge Shop 4 storey,Staff 4 pepples,Furnised

MS8101 Sale 4,900,000 THB Pattaya beach hotel building

The building has 8 storey’s and 70 percent of the units enjoy sea view. It is 80 meters from the beach, a double A top location as no other.

MS7828 Sale 135,000,000 THB

MS6263 Sale 90,000,000 THB

MS8102 Sale 13,000,000 THB

12 bedroom Guest House

Resort at Bang Saray

12 bedroom Guest House

A well established profitable family business in the heart Bang Saray. In total there are twelve rooms, large swimming pool, restaurant, tropical gardens

MS8050 Sale 23,000,000 THB

Pattaya Realty CommercialCo.,Ltd. Tel: 038 251245 Eng: 085 431 6960 www.pattayarealtycommercial.com Email: info@pattayarealtycommercial.com

MS6247 Sale 25,000,000 THB

Office Address 413/150 M00.12 Jomtian Rd, Nongprue,Banglamung Chonburi 20150 Thailand


WWW.BENCHMARKTHAILAND.COM


NEW NEW DEVELOPMENTS DEVELOPMENTS

RESALES RESALES








newsREPORT

Will introduction of AEC force changes for property brokers?

A specially convened forum debated whether the introduction of the AEC (Asean Economic Community) in 2015 will impact on the way real estate brokers go about their business throughout Thailand. Specifically the question was posed: Would the AEC result in the introduction of licensing for brokers? Currently brokers in Thailand are not obliged to sit any tests of their credentials whereas several other countries in Asean do require that their brokers are licensed. Consensus at the meeting was that some form of licensing in Thailand would be a positive thing

especially if it meant that brokers were conforming to a code of ethics. The debate dovetailed neatly with another strand of the meeting – the promotion of an upcoming five-day course at the Atrium Hotel, Bangkok, at which brokers will be able to gain CIPS (Certified International Property Specialist) accreditation. CIPS is a course organised in conjunction with NAR (the National Association of Realtors), which, although based in America, is regarded as a leading organisation for property professionals worldwide. Among the panellists was May (Mesiya) Watson, president of the Real

Members of the panel mingle with participants in the forum which was sponsored by the Real Estate Magazine Russian edition at the Trio Hotel in North Pattaya late last month.

Estate Broker Association – Eastern Seaboard (REBA-ES) many of whose members have already booked to attend the CIPS course. She told the meeting that she hoped her association would get the opportunity along with other organisations to play a role in lobbying government regarding the formation of licensing regulations. Another panel member lawyer Olaf Duensing said he believes that in the medium future there will be a real estate agent act introduced by the government but that it would not necessarily coincide with the introduction of Asean in 2015.

Nights of the round table are planned Kingdom Property hosted the first of a planned regular series of Round Table Industry Dinners in the ballroom of Bangkok’s Grand Hyatt Erawan hotel on August 1. Each of the dinners will feature key speakers recognised for their extensive experience in the fields of global financing, asset management, property development and marketing. First speaker was James Quille, chairman of MGPA, a pioneer in fund management in Asia and one of Europe’s most active real estate investors. MGPA, which has assets under

management (AUM) of US$12bn, recently announced that they have agreed to be sold to BlackRock Real Estate Group, the world’s largest asset manager with US$3.9 trillion AUM. James gave an overview of how real estate funds in Asia have developed over the past 20 years and spoke positively about the future for the region overall and Thailand in particular. It is thought that Kingdom will host these invitation-only events on a quarterly basis and, at the time of going to press no announcement had been made for dinner No 2.

Want all your property news on-line? Visit www.remthai.com 24•REm•Issue 148•09/2013



IT IS ABOUT THE SAFEST INVESTMENT IN THE WORLD!”


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089-092-11-33

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theinterview

How do you follow The Palm? Visit The Riviera From most viewpoints on Pattaya’s beach front, you can now see what is quickly becoming one of Pattaya’s most recognizable landmark high rises, The Palm. Situated at the northern-most edge of the bay, onlookers can now stare up at this success story. The rear tower has already reached its zenith standing proud at 26 floors but is now being dwarfed by the towering front tower which has reached the 31st of its 46 floors. It’s a dramatic view, even now with 30 per cent still to go, yet even more dramatic when stood right in front on the project’s own beachfront with that neck-breaking angle to look up to. This truly has been a project that has helped put Pattaya real estate on the international map. iIf we couldn’t see that last year, it’s clear to see it now. Back in June we spoke to Winston Gale, founder and co-developer of The Palm when they had only 42 units left, so we thought it was time for an update.

Above: Winston Gale in his office at The Palm’s extensive showroom. Below: An early architect’s rendering of how The Riviera will look. Facing: The rapidly changing skyline as The Palm kicks on rapidly.

28•REm•Issue 148•09/2013

REm: Winston, where does everything stand today? WG: Well we’re now 94 per cent sold with only 29 units left. Construction sees us looking to complete the front tower by Christmas, which we are really looking forward to. Launching in December 2010, it’s great to now look back and see how we’ve achieved today’s results. REm: You’re one of two developers here, what’s been the story with the partnership between yourself and Nova Group’s Rony Fineman, because we’ve found it a little confusing at times. WG: We teamed up mid-2010 and worked well together but as time went by, we agreed that I would take on The Palm mainly by myself. Rony was busy with hotels and other projects at that time, so his plate was already full. To use his own words, “there was no point having two generals” and he was right. It’s worked out very well for us both. REm: Well this brings me nicely onto your new project, what does a successful developer of The Palm move onto, or should I say go from, here? WG: The Palm’s a big act to follow, but I’ve stayed where I know best in Wongamat. The

new project sits on 8 rai directly opposite Ananya on Soi 16, the same road as The Palm so it takes me less than a minute to travel between sites, which is ideal. My next project consists of two towers of 43 and 40 storeys. Each comes with their own unique features and provide direct sea views from about 95 per cent of all units. Mega project REm: In terms of scale then, this is a ‘mega’ project on Wongamat following on from the likes of The Palm, Northpoint and more recently the Zire? WG: Yes, it’s a Bt3.2bn project close to the beach in Wongamat so we’re very excited. Although not directly on the beachfront, we have the same views as the beachfront projects but for substantially less money and buyers still get the prestige of living in Wongamat. We also have a public road almost directly opposite the site which only goes directly to the beach making it almost feel like our own private road access. It’s an amazing site. REm: Exciting times. You’ve said “we” a few times, are you doing this with Nova’s Rony again?


WG: I’ve set up my own developing company called ‘Rivera Group’ and I’m developing on my own this time along with an investing partner. REm: What’s the name of the project? WG: The Riviera, Wongamat Beach. The Riviera can be anywhere, its definition is ‘by the sea’ and it has great qualities attached to its perception as a place. We have always wanted to showcase Wongamat in the image that it deserves being what we feel is Pattaya’s most up market and prestigious location, The Riviera, as a name has this luxury lifestyle attachment and feel. This is how we will market the project as a Riviera lifestyle. Under the radar REm: How long have you actually been developing this mega project then as with all the property activity around, it’s surprising this has stayed under the radar, especially in Wongamat? WG: Well it’s been about 12 months now. We’ve worked hard, putting together an awardwinning team from architects to all the engineers and the result is something special and we believe will become its own landmark.

REm: CBRE (CB Richard Ellis) have been your sole agents at The Palm, any plans to work with them again? WG: Yes, we agreed the deal about five months ago and we have been working together ever since. CBRE really like Wongamat, not just because of their results at The Palm but the location itself and its high-end reputation with its desirable neighbouring brands. They’ve done their due diligence, understand trends and take-up rates along with many other factors. They also like the relatively ‘lack-of’ over-supply it has currently, a real talking point among real estate agents in Pattaya today. I’m very pleased to be working with them again, they’re a great team and we work well together. I’m sure they will do an excellent job again. REm: This is big news for Pattaya’s real estate market, when are you launching? WG: We have been building a very special showroom on-site for the past four months and expect to be open and ready to launch the project officially early next month (October). We will have basic information for people to look at early next month but as

yet, no sales kits for agents or anything like that yet. Why very special? REm: What will make this showroom very special as you say apart from the location? WG: We deliberately designed a showroom that architecturally would be dramatic looking to reflect the project and give potential buyers a feel of what The Riviera will actually be like when completed. We have an enormous 60-metre long pool to provide an honest feel for the extensive pool and landscaping features The Riviera will also have an eight-storey viewing platform accessed by a lift to showcase the sea views. This itself will provide something of a feature and a great selling tool for CBRE and all agents. REm: So with CBRE as sole agents will you be actively working with the local agents too? WG: Absolutely. We did have difficulties between local agents and CBRE in the early stages of The Palm but eventually fixed most of them. For The Riviera, I’m personally going to place a lot of emphasis on working with all local agents and because I understand where the difficulties

were then, I feel it will work much better this time around. REm: We know that for now information is being released in a limited way, but what’s the unit sizes people can expect to buy? WG: We will have studios ranging from 27 to 31 sqm, onebeds from 35 to 50sqm, two-beds from 72 to 84 sqm and three-beds from 129 to 134sqm. Something for all REm: Almost something for everyone then? WG: Yes, we like to think so, our payment plan is good and our pricing policy for a product like this in Wongamat is averaging around Bt85,000 per sqm so we are offering The Palm views, for much less. That said, the design and overall finishing of the project will have a similar highend level of quality as The Palm. REm: So we’re going to hear quite a lot about The Rivera and The Riviera Group in 2014? WG: For sure, Wongamat’s an exciting place to be right now and we’re looking forward to the next year. l For early registration and further information please contact: 092-269-1840. www.therivierapattaya.com 09/2013•Issue 148•REm•29



Undiscovered

for sale

6 Rai 3 Ngan on Sichon Beach, Nakhon Si Thammarat, 717km south of Bangkok opposite Samui Island (97 km).

l Beautiful white sand l At one with nature l Friendly, unspoilt area

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09/2013•Issue 148•REm•31




SHOWHOUSESHOWCASE

Del Mare Condominium Bang Saray Beachfront

Commanding presence on an unspoilt beach

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o say that the Del Mare Condominium will stand out on the beachfront at Bang Saray is a gross understatement. The 33-storey, 399 units project would grab attention even if it were sited on Pratumnak or Wong-Amat, but in Bang Saray it will dominate the skyline for years to come. I’m tempted to say it will stand out from the crowd. But the reality is that, for the time being at least, there is no “crowd” of buildings in this evolving seaside town, writes Dave Buckley. And that’s one of the big plusses about Del Mare. It will be built bang on the beach and give the owners of its units some of the best views money can buy up and down the coastline. The view to the rear of the tower is excellent too with mountains clearly visible. Mountains behind and water to the front? Sounds like good feng shui to me! Follow the lead Of course, over time other developers are likely to try to follow the lead of Bangsaray Beach Development Co Ltd, which is a joint venture between the Porchland Group (it’s their seventh project) and the Apus Development Group who are building the Cetus complex further to the north. It seems inevitable that this comparatively quiet seaside town will draw more and more attention as the beachside gaps on the Eastern Seaboard coastline 34•REm•Issue 148• 09/2013

fill in. After all, no one is creating any more beachfront! All units in Del Mare will be sold fully furnished with items such as air-conds and LED TV screens coming as standard. It will be possible for buyers to move in, unload their suitcases and just settle down for a drink and watch TV. Energy savings are also offered by use of LED lighting systems throughout the building. Unit sizes Units come in a range of one- and two-bedroom sizes ranging from 39.5sqm metres right up to 144 sqm penthouses. Del Mare is only a short drive from Pattaya but right on its doorstep are some key attractions such as Nong Nooch Gardens, Silverlake Vineyard and planned two large-scale water parks. The developers claim that Del Mare lies within a two-anda-half hour drive of Bangkok. I actually think you can complete the journey is less time than that without attracting attention. But, if I am wrong, I do believe that the motorway which is planned to go through Huay Yai before linking onto the Sukhumvit Road will help travel time to Bang Saray drop considerably. Initial deposits are very affordable and there’s a 70 per cent balloon payment at the end if bought in a Thai name. Construction is scheduled to start in the first quarter of next year and completion is expected in September 2016. Ω


09/2013•Issue 148•REm•35


SHOWHOUSESHOWCASE factfile Development: Del Mare Condominium Location: Bang Saray Beach one kilometre from Sukhumvit Road Developer: Bangsaray Beach Development Co Ltd – a joint venture between the Porchland Group and Apus Development Group. Prices: l Start from Bt2.6m. Condo sizes are one-bedrooms of 39.5; 48; 50; 55sqm and there will be two bedrooms at 77 and 144 sqm. What’s included: Communal l Giant pool area l Fitness centre l Jogging track l Extensive landscaped gardens Internal l European-standard built-in kitchen l European-standard fitted bathrooms l All furnishings included l Pre-installed air cond units l LED TVs in bedrooms and living rooms l Curtains in bedrooms and living rooms Further information T: +66 (0) 84 2134 777 +66 (0) 84 2135 777 W: www.delmarepattaya.com

Apus director Chalermpon Konjaem is part of the Del Mare management team. 36•REm•Issue 148• 09/2013



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constructionupdate

Remaining two buildings at Club Royal get the go-ahead

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ork has started on clearing the ground for buildings C and D at Heights Holdings’ Club Royal development at Wongamat close to the Sanctuary of Truth. The two buildings recently gained Environmental Impact Assessment (EIA) approval so work has begun alongside blocks A and B. The two new blocks will be the closest to the ocean with D lying just 100 metres away from the beach with direct access. When the four low-rise 44•REm•Issue 148•09/2013

project is fully complete the five rai plot will include a 1,000 sqm tropical lagoon-style swimming pool plus many other water features such as shower domes, waterfalls, cascades, caves, slides and a Jacuzzi. HH are keen to deliver a true resort and amenities include free wi-fi for all owners, a fully equipped fitness and gymnasium suite and round-the-clock security with CCTV. l There is still limited availability in Club Royal so, if interested to know more, please ring 089 092 11 33 or visit www. heights-holdings.com.



MYSTERYcolumnist Our man at large takes a took at the intricacies of getting the correct visa for a stay here in the Kingdom. Having tripped from one problem to the next he feels well placed to look at some of the problems that can be encountered. His advice is well intended but we would strongly advise you seek help from those who deal with these matters on a daily basis.

A layman’s guide to getting a visa

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egardless of how long you are staying in Thailand, one thing is certain – you will need a visa of some description. For many this will be the simple visa-on-arrival covering you for 30 days that is granted at the airport when you land. Visitors who are then looking to extend for a few more days can then go on a ‘visa run’ most likely to Cambodia from Pattaya and extend for a further 15 days – the maximum granted from a land border with a visa-on-arrival or in some circumstances you can get an extension at the local Immigration office. Visas granted Many, myself included, need visas that are granted by consulates, embassies or by Immigration itself here in Thailand and this is the main reason for my article this month. I have recently been experiencing

46•REm•Issue 148•09/2013

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By OUR MAN AT LARGE great problems obtaining the correct visa – a 12 month, multi-entry B Visa in spite of having a valid work permit. The main reason for this was because I transferred my existing work permit from one company to another – a relatively simple task or so I thought! Unfortunately, the company I used in Chiang Mai I hasten to add did it incorrectly! To cut an extremely long story short, as I had to visit most countries in South East Asia trying to obtain the correct visa I was finally successfully in getting a three month, single entry B Visa in Malaysia. As I had visited so many countries and getting a number of stamps and relevant visas along the way this was where the next problem occurred ... I no longer had enough pages left in my passport to get the correct visa here in Thailand. After getting a new passport, I no longer had enough days left on my existing visa to extend my visa

As I had visited so many countries and getting a number of stamps and relevant visas this was were the next problem occurred when I no longer had enough pages left in my passport.

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here in Thailand which resulted in an expensive, short and unwanted trip back to the UK and the consulate at Hull. After imagining that this would be the end of my problems I discovered that all consulates now require reams of documentation to support the application – far more than previously required. Incidentally, I had all the documents but was left very short of the time as processing now appears to take closer to a week, rather than being immediate, even if you go in person. Help others This is not intended as something that should be viewed as being critical but something that is intended to help others who may find themselves in a similar situation. It is slightly different from my usual articles but I thought my experience may help others so I thought I would look closer at what


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is required for particular visas and should not be treated as gospel as the rules often change. I should add I was made aware that a number of rules regarding applications had altered on 1 August. As always, it is better to speak to an expert and this information is just a guide. For a Tourist Visa from your own country you have three options. One is a single entry visa that is valid for up to 90 days, the second is a double entry 180-day visa and the third being a triple entry visa also valid for 180 days. As the name suggests this type of visa is aimed at tourists and not those looking to work here in Thailand or stay for a longer period. The application for this is relatively straight forward and just requires two passport photos, a passport with at least two blank pages with a minimum of six months validity remaining and a completed application form. Longer periods The Non Immigrant O Visa is designed for people looking to stay for longer periods and can be used for marriage visas, people with Thai parents or families of people working in Thailand. You would need to initially apply for the visa in your home country where you would be granted a 90-day visa (subject to approval). This can 48•REm•Issue 148•09/2013

‘‘ A NonImmigrant B Visa is the working visa. The initial application needs to be made outside of the Kingdom and without a valid work permit is granted for an initial three months and then extended at Immigration in Thailand.

’’

then be extended at Immigration in Thailand for a period of 12 months and the applicant would then need to report to Immigration every 90 days to inform them of his/her whereabouts. This applicant must prove that they have a minimum of Bt400,000 or Bt800,000 in their bank account dependent on which type of O Visa they require. This amount should have been in the bank account for a minimum of three months prior to application being submitted. A Non-Immigrant B Visa is the working visa. The initial application needs to be made outside of the Kingdom and without a valid work permit is granted for a initial three months and then extended at Immigration in Thailand once your work permit application has been accepted. Several documents are required such as company registration, tax returns, an affidavit and an invitation letter from your employer. Other documents maybe required dependent on which embassy or consulate you visit so proper guidance should be sort. The rules regarding the 90 day reporting are very similar to those relating to the O Visa. A 12 month multiple entry visa can be issued by your home country if you have a valid work permit. This visa would require you to leave the Kingdom every 90 days.

The Retirement Visa or O-A Visa as it is sometimes referred to, is available to those people aged over 50 and looking to retire in Thailand. Again, you are unable to work on a retirement visa as the name suggests. You must have “not less than Bt800,000” in a bank account or a monthly income of “not less than Bt65,000”. You must also have a minimum of 18 months remaining on your passport. Health check A health check is also required to ensure that you do not have any of the diseases including Leprosy, Tuberculosis, Elephantiasis, drug addiction, third phase of Syphilis. The rules regarding applications appear to be a little sketchy at present so accurate advice at the time of your application needs to be sought. Having the correct visa in Thailand is essential as overstay or incorrect visas can lead to heavy penalties, imprisonment or deportation. Well as always, space is running short. I hope that this has given you some idea about which visa is required and also maybe my misfortune has raised a few smiles or brought back memories. Now I am back, complete with correct visa I hope like you, to keep enjoying the Land of Smiles!





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American journalist and property investor Bart Walters has been living in Thailand for more than 13 years, first in Bangkok, then in Phuket and Pattaya and recently he moved back to Bangkok. Bart publishes his inside views on Thailand property market in various print and online publications including International Living and Escape America. He can be contacted at bkkbart@gmail.com

Return of the house Signs of a maturing market

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By bart walters

M

which developer has a new project. I don’t care who lost their best sales person. Whether or not a project has gotten EIA approval does not interest me. Just tell me what kind of property you’ve sold lately and who you sold it to. It’s that simple.

Brain-picking I borrow his technique when I want to find out what’s going on in a particular property market. The other week I was in Pattaya and paid a visit to my usual cadre of real estate rangers. Some hate to see me walk in the door, because they know it’s brain-picking time. But, most of them are relieved as it is a rare opportunity to tell the truth with no spin, shine or exaggeration regarding the prevailing property market on the Chonburi Coast. I am neither buyer nor a seller. I am well-versed in how the real estate business in Thailand works, so there’s no need to educate me. Most importantly, I am known for keeping my promise of anonymity. My opening question and invitation to confess is always the same: “What’s selling?” I don’t want to hear about

Useful anecdotes Usually they respond to me the same way I do with my physician. I learn what has sold, how much it sold for, who it was sold to and naturally some useful anecdotes and opinions on the direction of the market. It has been nearly two years since I last conducted such a survey. The recent results were eye-opening, but confirmed my sneaking suspicion that things were changing in and around Fun City. One longtime veteran in the Pattaya property trenches put it very succinctly … “Sellin’ a lot of houses, dude … a lot of houses”. I was overjoyed. I’ve been predicting this for a long time. But, I guess if you predict something for long enough, it will eventually happen. What’s more, I wanted it to happen. In my decade and a half here in Thailand, the most money I ever made coupled with the most creative satisfaction was building and selling houses. It thrills the crap out of me to see the trend arrive here in Bangkok Beach. Out of 10 property jockeys I spoke with, two said nothing was selling, two said they were flogging a whole bunch of 31 sqm people boxes, and the other six all expressed a surprised elation at selling single family dwellings … mostly in East Pattaya.

y doctor in Bangkok is a cagey 70-year-old veteran. Whenever he sees me, he’ll take a gander at my X-rays, or blood tests, or results from whatever diagnostic gismo I’ve been examined with, then look me right in the eye and ask: “How do you feel?” This seemingly harmless and open-ended question usually draws every bit of information he needs out of me. I ramble on, jumping from symptom to symptom; occasionally offering my own diagnosis and opinion on exactly why my 52-yearold body is betraying me. He doesn’t have to prod or pry. We don’t have to play 20 questions. He gets all the information he needs in one shot.

52•REm•Issue 148•09/2013

Out of 10 property jockeys I spoke with, two said nothing was selling, two said they were flogging a whole bunch of 31 sqm people boxes, and the other six all expressed a surprised elation at selling single family dwellings.

’’

I discarded the first two as lazy remoras and the second two as “captive shops” with their signage and marketing material paid for by the ruling oligarchy of high-rise developers. Not surprisingly, the six agents who said they were selling houses are some of the oldest and most established firms in the area. In fact, more than half of them make their bread and butter serving the corporate relocation and working expatriate market. I keep telling people Pattaya is a real city and here is more proof! But why are houses suddenly in vogue? And who is buying them? Enquiring minds want to know! I believe the answer to these questions comes in three parts. Houses have changed, buyers have changed, and Pattaya has changed. Pt1 Houses have changed Last year while researching housing developments in East Pattaya and also the far southern end, I learned a lot about how the design, style and construction quality of houses has morphed in and around the city. (See the Tales of the Darkside series and Goin’ South series archived on our website at www.remthai.com) It appears to me there have been three distinct stages of development over the past 15 years or so. Keep in mind, I’m not talking about “one off” houses where someone has secured some land and built their own single house. I’m referring to proper housing developments. The original development style was focused on two axioms: 1) build them all the same; 2) build as many as you


Paradise just got better

From the developers of the award winning and internationally acclaimed The Vineyard trio of projects comes a new concept in desirable housing – Amaya Hill near Lake Mabprachan. Amaya Hill is an exclusive enclave of premium villa-style residences set over 26 rai in East Pattaya offering a harmonious blend of modern design in a lush, tropical setting. The project brings you resort-style living in the comfort of your own home and offers easy access to Bangkok, Suvarnabhumi Airport, Laem Chabang port and key industrial parks. And let’s not forget Pattaya itself with its shopping malls, bustling nightlife, international quality restaurants and beaches. Top schooling at Regent’s International School is a short drive away so too is the highly rated Siam Country Club golf course.

www.bravothaidevelopments.com or call 0998 677 969 for more information Email: terry@siamdevelopments.com

Following on from the great sales and awards successes achieved in the first two phases of The Vineyard projects the developers have raised the bar yet again with their Phase III – La Résidence, which, like Amaya Hill is close to Lake Mabprachan and even closer to Regent’s School. La Résidence houses are so comfortable that you are unlikely to want to leave home – even though Pattaya with all its amenities lies just 15 minutes away. On-site there are plans for a delicatessen which will offer delivery services including freshly baked bread, a coffee shop and a fitness centre. Other planned plusses are taxi and minibus service, pool cleaning, house sitting, baby sitting, maid and laundry.


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can on the land you have. The houses themselves were a hybrid design of Thai sensibility and mimicry of what they thought a foreigner’s house was like. Most were built in the ubiquitous “Thai-Bali” style … or what they thought we thought Thai-Bali looked like. Outdoor kitchens, maid rooms and those hideous little ceramic columns surrounding tiny outdoor verandas are dead giveaways of housing produced during this era. Semi-spacious farangstyle living rooms were prone to having a single electrical outlet with the wires running through a plastic conduit on the outside of the wall. No space There was no space between the houses whatsoever. Where I come from we call these “zero lot-line” houses. If you had a 200 sqm lot; 180 sqm was covered in concrete. Grandiose and ornate entry ways to these developments with imposing security guard shacks were erected first, usually to be torn down later and replaced with shop-houses. Once most of the project was sold, the developer usually just went on to the next cookie-cutter project to repeat their atrocities. Little or no management was left in place to control or maintain common areas like the streets, clubhouses or communal swimming pools that might have existed. The design was rudimentary. The quality was sub-standard. The management was non-existent. And, some of those developers are operating in the same manner to this day. Their only saving grace is that they didn’t cost very much. Then in the late ’90s and early ’00s, a housing renaissance occurred. What I would describe as “American-style” gated communities emerged. Well-lit wide streets, big lots, private swimming pools and a variety of designs. Unfortunately, many of these were mere façades, like fake Gucci bags. Most of them looked the part with fabulous entrances and almost military security structures. But, alas, the quality was all over the place. One development in particular comes to mind. (Since I’m going to put it down, I decline to name names). The

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Then in the late ’90s and early ’00s, a housing renaissance occurred. What I would describe as “Americanstyle” gated communities emerged. Well lit wide streets, big lots, private swimming pools and a variety of designs.

’’

entrance to this famous East Pattaya estate is one of the most breathtaking I’ve ever seen, complete with modern sculptures and manicured landscape. The houses sit on huge lots, but are only slightly better quality than those built 10 years before. Plagued with bad design, poor material and shoddy workmanship; $1,000 suit going to a five star restaurant and ordering a hamburger. “What’s the matter boss? Spend all your money on the suit?” Still others sported the fancy storefront and, for the most part, lived up to it. Phu Tara and Siam Royal View in East Pattaya come to mind. Whoever designed these estates understood the concept of luxury gated community living and followed through with some pretty well turned out abodes.The problem here is they kind of over-did it. The “build it and they will come” philosophy backfired. Some of these kinds of homes sit empty or the plots remain available because they are just too expensive. The market for houses in that prices range is yet to mature.

In the past few years up to the present, we have seen a second renaissance I’d call the modern age of practicality. Today’s Pattaya home builder has employed some reverseengineering. Houses are geared towards what the buying public want, not some grand vision of the developer. Smart houses Ornate ridiculous entrances and unused theme park-like common areas have been replaced with value-added features for each house. LED lighting, solar-powered water heaters, salt water swimming pools and “smart” houses that are so wiredup you can cook dinner on your way home with your iPhone. Developments like Sedona, Whispering Palms and Greenfield Villas mirror North American communities with their open plan houses and flexible floor-plans. Professional management ensures the investment buyers make isn’t degraded by their neighbours. Forward thinking designers like Silver Hills in Bang Saray give



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buyers huge lots with a long list of “green” features and “smart house” gadgetry. Now a “luxury gated community” is just that and not a poor copy of a Rolex watch. In my opinion, among the most shining examples of how far housing has come are the projects offered by BravoThai – The Vineyards Phase III and the recently unveiled Amaya Hill. The designs are modern, flexible and timeless. The execution is precise and completed with the highest quality materials. The genius of these developments is in the planning. Instead of creating homes and shoving them down the consumer’s throat, the folks at BravoThai delineated specific markets and set out to satisfy them. The Vineyards Phase III is a small-ish development with only 21 units. It is an intimate project with big plots. The houses are spacious open-plan affairs with plenty of garden and swimming pool. Minimalist styling allows owners to bend the décor to their will. On-site amenities like a coffee shop, fitness centre, taxi/mini-bus service, pool cleaning, house-sitting and maid services tell the tale of exactly who these houses are targeting. Priced at Bt13-20m, limited to a small close-knit community and chock full of convenient amenities, it is quite obvious this place is aimed at retirees. Award recognition Apparently BravoThai know what’s what as half the units have been sold in less than one year. All phases of The Vineyards have been recognised repeatedly at the Thailand Property Awards 2011 and 2012 and Pacific Property Awards 2012 and 2013. Amaya Hill targets a different group. With 85 units planned, it is a much larger project with smaller plots. Built on an elevated knoll near Lake Mabprachan, Amaya Hill enjoys great location, access to the motorway and views of Pattaya in the distance. The houses mirror the design of The Vineyards with their clean minimalist lines and practical layout. According to Adam Coulson, sales executive for BravoThai, Amaya Hill is geared more toward 56•REm•Issue 148•09/2013

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In the future I would expect any switched-on development company to follow BravoThai’s lead. Terrence (Terry) Collins, MD of BravoThai, said it best: “People don’t want a discount … they want a lot of house for their money.”

families. Floor-plans range from 128sqm to 240sqm. Lots can be combined and floor-plans rearranged. Prices run from Bt7-15m. Adam described the homes at Amaya Hill as “affordable luxury” and I must agree. Once again the boys from BravoThai seem to have found the mark as many of the units on the first phase are sold and they don’t even have a showroom yet. In the future I would expect any switched-on development company to follow BravoThai’s lead. Terrence (Terry) Collins, MD of BravoThai, said it best: “People don’t want a discount … they want a lot of house for their money.” It occurs to me that BravoThai have taken the developer’s ego out of the equation and decided to “just give the people what they want”. This is a very definitive shift in house builder philosophy. Pt2 Buyers have changed So, what has changed about the ohso-elusive consumer? Are they the same people who used to buy condos

with a different mindset? Or, are they a different group altogether? The answer is … a little of both. Terry Collins again: “Consumer trust has flipped.” We discussed the old condo developer fear tactics used in the past. “You can’t own it … you can’t own it!” the condo mongers would say referring to houses; playing on the fears of buyers that the only property legal for a foreigner to own in Thailand was a (49 per cent) condo. Now, not only have buyers become more educated and comfortable with the various methods one might “own” a house, some are becoming increasingly suspect of condominiums. “People are afraid some of these condos aren’t going to get built,” said one veteran agent. Indeed, construction delays, design changes and rampant rumours of developer insolvency have some property buyers looking at condos with a suspicious eye. Of course it is only the very few condos that deserve to be viewed with such suspicion but the “one bad apple” rule can still affect the rest of



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the condo builders’ “barrel” in the perception of buyers. “People want to feel in control,” said Terry Collins. “While the buyer is waiting for a 40-storey high-rise to get built, he is at the mercy of the developer. With a house, the owner can come to inspect progress every day, and payment is based on preset benchmarks, not the developers’ need for cash flow.” Potential buyers My personal experience has seen some changes in the characteristics of potential buyers. Last December, my big three-bedroom condo in Jomtien Beach was vacant and for rent. This place is 168 sqm and feels like a house connected to the end of a condo. Many prospective renters consider it instead of a house. In three days I had three couples from three different countries looking at it, but all for the same reason. Each and every one included a male head of household that had recently been re-posted to an industrial estate near Pattaya. Two worked with companies forced out of Bangkok by the floods who chose to relocate rather than rebuild. The other was with a multinational conglomerate that was planting their flag in advance of the AEC inauguration in 2015. No punters, sex-patriots or fugitives … just real people that needed real housing. Overheated Asian economies have also changed the face of who is buying houses here. More than one agent told the story of Singaporeans who can’t afford to retire in their own country, choosing Thailand for its fresh air and easy way of life. The same goes for Hong Kong Chinese that are falling victim to mainland Nuevo-riche Chinese driving real estate prices to the stratosphere. Disgruntled North Americans and Europeans make up a hefty slice of the house-buying pie. Rising inflation and taxes create new expatriates every day. Adam Coulson from BravoThai told me he’d had a flurry of French buyers who are fed up with the exorbitant taxes and political turmoil of their own country. I meet

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58•REm•Issue 148•09/2013

And, let’s remember that Thai people make up the lion’s share of real estate purchasers whether it is houses or condos. “Thai people are using agents now,” said Adam.

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more of my own countrymen every month who also weary of carrying an increasingly top-heavy government on their back. According to Adam, the off-shore worker making off-shore money no longer feels the urge to repatriate their hard earned cash to their native countries. He considers them the “perfect buyer”. And, let’s remember that Thai people make up the lion’s share of real estate purchasers whether it is houses or condos. “Thai people are using agents now,” said Adam. “We haven’t seen that before.” Traditionally Thai buyers used word-of-mouth and personal connections to lead them to a purchase. Apparently they’ve gotten over the idea of paying a commission and are learning about the higher quality and better design of some Pattaya developers (even if they are farangs).

Pt3 Pattaya has changed Now, I know it is taboo to say this, but the riots and floods of recent years did Pattaya a favour by forcing Bangkok

Thais down the road to see how things had changed. Primary infrastructure like the motorway and other roads make it easier to get here and get around. Secondary infrastructure like schools, hospitals and major shopping venues create a much more livable environment. The new generation of Thais isn’t affected by Pattaya’s old stigma of Thailand’s “brothel-by-the-sea” reputation. They see Pattaya for what it is; a dynamic and vibrant resort town. It’s easy to get here, bristling with all kinds of healthy recreation and quite a bargain compared to other regional competitors. Having a little condo for weekend getaways is nice. Owning a big house with a private garden and swimming pool is better. So, this month I played doctor with the Pattaya property market by making a house call and asking it: “How do you feel?” After hearing it ramble on for a couple of days about changes in developments, changes in consumers and changes in Pattaya, I came to the same conclusion my grumpy old doctor always arrives at about me. “You’re okay,” he’ll say. “You’re just getting older”. Ω


115/38 Moo 10, Soi Khao Talo, Nongprue, Banglamung, Chonburi 20150 at entrance to Pattaya Reungrun Village (turning next to Nat Bar)


SPECIALFEATURE

M&S events aim high

Photographs on these pages are courtesy of Peter Kraemer (yellow edges); Chaianan Rohloff (black edges) and Khun Yod (white edges).

Movers & Shakers hit the high spots again in late July when the networking group visited the 35th floor of the Continent Hotel which offered amazing views of the capital. There were many new Facebookinspired faces among the 200 guests at the event. As usual the lead sponsor was Kingdom Properties and the night attracted two new sponsors – elevator and escalator company ThyssennKrupp and Beluga Vodka who hosted a stand giving out welcome samples. After this magazine went to press the next event was due to be held a little lower – on the 19th floor of the Hotel Muse on August 29. Next Pattaya event will be in the Holiday Inn on September 13.

60•REm•Issue 148•09/2013


Good company in stylish surroundings

Movers & Shakers Best for monthly corporate networking in Bangkok at all the top venues

Tune-in at facebook.com/Moversshakerscharity for the next event announcement Further information and bookings: Emanuel Mekel emanuel@moversshakerscharity.com | 081 848 1258 www.facebook.com/Moversshakerscharity



broker & developer directory

An interior of the recently opened showroom at the Southpoint project on Pratumnak which is the subject of this month’s cover.

Your at-a-glance guide to some of the major players in the Pattaya property market. We do not claim this is a comprehensive list of all the brokers and developers who can provide a service but we hope readers will find it helpful.

Sponsorship of this directory is now available. If interested to know more please contact Dave on

087 988 0799



a g e n t s AAAA Properties Jomtien Plaza Condotel 406/37 M12 Jomtien Beach Road T: +66 (0)38 756 370 F: +66 (0)38 757 015 M: +66 (0)86 144 1312 E: info@aaaaproperties.com W: aaaaproperties.com Principal: Louis J Van den Bergh ACI Enterprise Co Ltd (incorporating ACI Ocean Properties) 672/20 M5 Soi 18, Naklua Road next to Northpoint, Wong-Amat T: +66 (0)38 41 6060 F: +66 (0)38 41 6061 M: +66 (0)81 762 2627 E: info@aci-enterprise.com W: aci-enterprise.com and pattayaoceanproperties.com Principal: Markus Probst Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR

Property Consultants

Alan Bolton Property Consultants Unit C102, 399/9 M10 The Avenue Shopping Mall Second Road near Villa Market T: +66 (0)38 416 728-9 F: +66 (0)38 416 730 M: +66 (0)81 996 2489 E: info@pattaya-property.net W: pattaya-property.net Principal: Alan Bolton Memberships: REBA (Thailand), REBA-ES, RETS (Thailand), TREBS

Anaakot Group Property Consultants 138/1 Moo 12, Soi Chayapruk, Jomtien T: +66 (0)38 231544 M: +66 (0)8780 33329 E: info@anaakot-group.com W: Anaakot-Group.com Principal: Jason Young

The following are among the trade organisation memberships or qualifications held by some of the agents. Note that, in some instances, the qualification is with the individual employee – not the company overall. AIPP: Acronym stands for The Association of International Property Professionals which is a not-for-profit organisation whose aim is to improve the standards of professionalism in the international property market, helping both the industry and the public. Members have voluntarily signed up to follow the AIPP Code of Conduct. CIPS: Certified International Property Specialist – this is a members-only group which is for international practitioners of the National Association of REALTORS®. CRS: Certified Residential Specialist (CRS) is the top professional designation awarded to REALTORS® in residential sales. Held by fewer than five per cent of all REALTORS®. NAR: National Association of Realtors is North America’s largest trade association representing more than 1.2 million members. Members can call themselves REALTORS®. NAR also functions as a self-regulatory organisation for real estate brokerage. REBA (Thailand): This is the nationwide Real Estate Broker Association with affiliation to the international Council of Residential Specialists. REBA-ES: The Real Estate Broker Association for the Eastern Seaboard.

RETS (Thailand): Real Estate Training School (Thailand) – brokers seeking membership of REBA must have staff attend and pass their test. More overleaf

Arise Asia 477/25 View Talay 5C, Thappraya Road Second Office: 415 Pratumnak Hill Soi 6 T: +66 (0)38 075 610 M: +66 (0)85 228 8911 (Thanya) or (0)89 555 7177 (office) E: info@ariseasia.com W: ariseasia.com Principal: Thanyamai Totharong (Thanya) Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR Benchmark Asia Property Co Ltd 315/309 M12, Thepprasit Road T: +66 (0)38 304 133 M: +66 (0)81 792 9486 E: info@benchmarkthailand.com W: benchmarkthailand.com Principal: Gareth De Silva Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR Big Mango Properties Main office: 406/370 Nongprue, Jomtien Second Road (opposite Tony’s) T: +66 (0)38 304 048 or (0)896 852 198 M: +66 (0)89 685 2198 Second office: North Pattaya – Wong-Amat Residence, 505/1 Moo 5, Soi 16 Naklua Road T: +66 (0)371 3118 M: +66 (0)247 20774 E: michael@bigmangoproperties.com W: bigmangoproperties.com Principal: Michael Barricelli Bizhouse Co Ltd 324/22 Moo 9 Central Pattaya Road near junction with Third Road T: +66 (0)38 416 322 M: +66 (0)89 0924593 E: info@bizhouseproperty.com W: bizhouseproperty.com Principal: Richard Arthur Century 21 – B2 Real Estate 315/2 Moo 9, ( Soi Lengkee ) Nongprue, Banglamung, Chonburi 20150 T: +66 (0)38 421 652 M: +66 (0)90 125 3200 E: fery@b2realestate.com W: b2realestate.com Principal: Fery Horvath

AGENTS DIRECTORY • 09-10/2013 • Issues 148 and 149

All Siam Properties M: +66 (0)87 068 5159 E: info@allsiamproperties.com W: allsiamproperties.com Membership: TREA

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Coastal Real Estate Office 1: 216/62 M10, Soi 13 (Soi Diana next to Mega-Break) T: +66 (0)38 421 580 Office 2: 426/1 M12, Jomtien Beach T: +66 (0)38 231 443 M: +66 (0)81 269 0742 E: info@coastalrealestatepattaya.com W: coastalrealestatepattaya.com Principal: Kevin Mattson

Colliers International Thailand 519/4-5 Second Road, opposite Central Festival, Pattaya Beach T: +66 (0)38 427 771 F: +66 (0)38 427 772 M: +66 (0)85 2828 120 E: info.pattaya@colliers.com or mark.bowling@colliers.com W: colliers.co.th Principal: Mark Bowling Memberships: RICS

AGENTS DIRECTORY • 09-10/2013 • Issues 148 and 149

Compass Real Estate Co Ltd 131/56 Moo 9, Sukhumvit Road, South Pattaya, Chonburi 20150 T: +66 (0)800 958 854 M: +66 (0)901 360 747/+66 (0)80 767 1868 E: office@compasspattaya.com W: compasspattaya.com Principal: Rob Rowcett Delight Real Estate Co Ltd 308/58-59 M12 Thappraya Road T: +66 (0)38 251 415 M: +66 (0)89 542 3041 (Eng/Ger/Dutch) E: info@delight-realestate.com W: delight-realestate.com East Coast Real Estate Co Ltd Office 1: 414/19 M12 Jomtien Complex T: +66 (0)38 267 030-1 F: +66 (0)38 267 029 M: +66 (0)81 862 8034 Office 2: 485/4 M10 Second Road T: +66 (0)38 723 615-6 E: eastcoast@thaiproperty.com W: thaiproperty.com or thaiproperty.net Principal: David Gray

RICS: Royal Institution of Chartered Surveyors – an independent body which regulates the conduct of property professionals and surveyors in the UK and other sovereign nations. RICS provides education and training standards, protects consumers with strict codes of practice and advises governments and business. TREA: The Thai Real Estate Association aims to be the hub of the real estate profession here by encouraging entrepreneurs to operate to standards of quality and ethics; to create the maximum benefits for developers, government and consumers altogether. TREBS: The Thailand Real Estate Broker School provides training for real estate professionals. The course includes real estaterelated laws, broker law, broker ethics, listing and sales techniques, reconciliation techniques, property evaluation, property transfer procedure and tax calculation.

Farang Property Services 223/32 M9, Third Road T: +66 (0)38 052 495 F: +66 (0)38 052 496 M: +66 (0)89 938 7433 E: info@farang-services.com W: farang-services.com Principal: Manfred Ehrenheim Advertisements: Pages 4 and 5 Five Star Villas & Condos Pratumnak – Tara Court 388/109 M12, Pratumnak Road M: +66 (0)81 938 8391 Robert or (0)809 16667 Mesiya E: sales@fivestarvillasandcondos.com W: fivestarvillasandcondos.com Principals: Robert and Mesiya (May) Watson Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR, TREBS

Global Property Global Solidor Enterprise Co Ltd North Pattaya – 157/142 Moo 5, Naklua Road T: +66 (0)38 427 364 M: +66 (0)82 469 5551 or +66 (0)81 838 1390 E: info@global-solidor.com W: global-solidor.com Principal: Rainer Heinzmann Memberships: REBA-ES Golden Homes Real Estate Co Ltd 33/39 M9 Soi Diana Inn T: +66 (0)38 720 892-3 M: +66 (0)86 826 8821 E: info@goldenhomespattaya.com or Ploy1@csloxinfo.com W: goldenhomespattaya.com Principal: Yupaporn Sangpagdee (Ploy) Homes Direct Asia 99/34 Soi Khao Noi T: +66 (0)38 068 956 F: +66 (0)38 068 957 M: +66 (0)811 429 0111 or 0890 160 077 E: info@homesdirect.asia W: homesdirect.asia Principal: Matt O’Sullivan Jomtien Property 315/185-6 Thappraya Road near entrance to View Talay 2 T: +66 (0)38 303 243 M: +66 (0)86 108 6575 E: info@properties-in-thailand.com W: properties-in-thailand.com Principal: Stu Sutton

Jones Lang LaSalle Thappraya Road, near Hanuman Statue Services: property sales and leasing; property management; consultancy; project management; and valuation T: +66 (0)38 252 588 E: Tim.Gladwin@ap.jll.com W: joneslanglasalle.co.th W: jllresidential.in.th Principal: Tim Gladwin


a g e n t s Jump Real Estate 315/154 Thappraya Road T: +66 (0)38 251 859 M: +66 (0)879 015 229 E: garry@jump-realestate-pattaya.com W: jump-realestate-pattaya.com Principal: Garry Angerstein Knight Frank The Village Shopping Centre where the Sukhumvit meets Soi Chaiyapruk M: +66 (0)81 550 4099 E: anchalee.kasemsukthawat@ th.knightfrank.com W: knightfrank.co.th North Shore Property Co Ltd 315/414 M12 Thappraya Road T: +66 (0)38 303 825-6 M: +66 (0)87 833 5066 or (0)86 323 4607 E: info@ns-property.com W: ns-property.com Principal: Mesa Wongsida NT Realty Asia 215/15-18 Second Road T: +66 (0)38 426 242 or (0)38 425 836 E: info@nt-realty.com W: realestatethailand.com Principals: Tim Bunker and Peter Randall Memberships: REBA (Thailand), REBA-ES, RETS (Thailand), NAR One Stop Real Estate 219/14 M9, Soi Yamato T: +66 (0)38 710 699 or (0)38 710 725 M: +66 (0)819 454 845 E: onestop@realesthai.com W: real-estate-thailand.com Principal: Mark Welch Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR

Pattaya Jomtien Property 75/49 Soi 5 Immigration, Beach Road, Jomtien (75m from Immigration Office) T: +66 (0)38 756 755 M: +66 (0)85 129 5657 (Thai); or +66 (0)85 667 3687 (English) E: sales@pattaya-jomtien-property.com W: pattaya-jomtien-property.com Principals: Kevin and Chanram Hurst Pattaya Prestige Properties 2/28 Ground Floor, View Talay 7 F: +66 (0)38 059 632 M: +66 (0)870 217 014 E: info@pattayaprestigeproperties.com W: pattayaprestigeproperties.com Principal: Jan Nuyten

Est. 2001

PATTAYA REALTY Follow us:

http://on.fb.me/pattayarealty

@pattayarealty

Pattaya Realty 219/1 Tipp Plaza, Second Road T: +66 (0)38 412 301-2 6,968,000 M: +66 (0)89 833 6175(CS5049) orSale(0)89 832 7226 Sale 11,900,000 (HS5005) Central Pattaya - Foreign Name: E: info@pattayarealty.com W: pattayarealty.com (HR1449) (CR3816) Principal: Stuart Daly Memberships: CIPS, REBA (Thailand), VJ Vil age REBA-ES, RETS (Thailand), NAR Advertisements: Pages 14 and 15 int size 190 m sq, ext size 540 m sq, 3 beds, 3 baths, fully fitted kitchen, high quality furnishings, Internet, close to local amenities, security alarm, covered car park, 24hr Security.

Brand new condominium in Pattaya int size 104 m sq, 3 beds, 3 baths, fully furnished, fully fitted kitchen, communal gardens, communal swimming pool, car park, 24hr Security.

(HS4959)

Rent 25,000 / month

Sale 6,990,000

Rent 20,000 / month

South Pattaya: int size 55 m sq, 1 bed, fully furnished, fully fitted kitchen, TV, DVD, Hi-Fi, close to local amenities

: int size 225 m sq, ext size 328 m sq, 3 beds, 2 baths, fully furnished, fully fitted kitchen,private gardens, private swimming pool, covered car park, 24hr Security.

East Pattaya :Ext size 420 m sq, 4 beds+ maid's room, 3 baths, fully furnished and kitchen, security alarm, private gardens communal swimming pool, covered car park, 24hr Security.

Beat The Rush!

(HR1041)

(CR4944)

Situated on top of Pratumnak hill, Spectacular sea and city view For special pre-launch prices in the highest building in Pattaya!

Premier Homes Real Estate Co Ltd 240/21 Jomtien Beach Road T: +66 (0)38 231 931 M: +66 (0)81 634 2915 E: premier@loxinfo.co.th (HS0247) W: premierinternational.com : Principals: Clayton and Supap Wade Memberships: www.pattayarealty.comCIPS, RETS (Thailand), NAR Baan Balina I

Rent 35,000 / month

Rent 16,000 / month

Contact Us Now

Na jomtien:Bali Style,Int size 300 m sq, ext size 560 m sq, 3 beds, 3 baths, high quality furnishings and fully fitted Euro style kitchen, maid's room, Private gardens, private swimming pool, covered car park, 24hr Security.

Pratumnak:int size 48 m sq, Studio apartment, fully furnished, fully fitted kitchen, beautiful sea views, communal gardens, communal swimming pool, car park, 24hr Security.

E

(HS4948)

GRE

Rent 44,000 / month

Sale 29,000,000 Jomtien: Fully renovated to a very high standard with 4 beds, 4 baths, fully furnished,

fully fitted kitchen, Jacuzzi, large private gardens, private swimming pool, security alarm, covered car park, 24hr Security.

Opposite Bangkok Pattaya Hospital East Pattaya:4 beds, 3 baths, fully furnished and kitchen, washing machine, Private gardens, private swimming pool, covered car park, 24hr Security.

COM L IN

ENTA

AT R

(HR1306)

Sale 12,950,000

The Regents Superior detached, two storey house, int size 650 m sq, ext 1400 m sq,

4 bedrooms + en suite, 5 bathrooms, fully fitted kitchen + food storage room, Jacuzzi, private landscaped gardens, large private swimming pool, separate self-contained 1 bedroom + en suite guest house with AC, security alarm, covered car park ,electric gate.

Our office address: 219/1 Tipp Plaza, Pattaya 2nd Road. Next to Mike Shopping Center, Nongprue Chonburi 20150

Email: info@pattayarealty.com

Tel:66(0)38 412 301/2 or 089 833 6175 089 8327226

Pattaya Bay Real Estate 405/23 Soi Bongkot T: + 66 (0) 38 374 623 M: + 66 (0) 811 580 065 (English) + 66 (0) 807 247 476 (Thai) E: info@pattayabayrealestate.com W: pattayabayrealestate.com Principal: Mal Patterson

Rightmove Pattaya 369/1 M9, Units 8&9 PS Bowl, 2nd Road T: +66 (0)38 361 212 M: +66 (0)89 253 5607 E: info@rightmovepattaya.com W: rightmovepattaya.com Principal: Craig Turner Memberships: REBA (Thailand), REBA-ES, RETS (Thailand) Seaboard Properties Co Ltd 316/23 Thappraya Road near Food Mart, Jomtien T: +66 (0)38 252 456 F: +66 (0)38 252 457 M: +66 (0)86 129 8281 E: info@seaboard-properties.com W: seaboard-properties.com Principal: Eddie Buehler

Siam Properties Main office: 313/27 M10 Pattaya Tai T: +66 (0)38 415 490 F: +66 (0)38 414 693 M: +66 (0)81 861 1907 (Heiner) or (0)81 821 7045 (Porn) Russian: +66 (0)89 245 2890 (Vera) E: info@siamproperties.net or rus@siamproperties.net W: siamproperties.net Second office: 334/14 Soi Welcome, Jomtien Hotel off Jomtien Beach Road T: +66 (0)38 059 637 Principals: Heiner and Porn Moessing Memberships: CRS, REBA (Thailand), REBA-ES, RETS (Thailand), NAR Talay Real Estate Co Ltd 240/18 M5, Naklua not far from Dolphin Roundabout on Second Road T: +66 (0)38 362 352 F: +66 (0)38 362 351 M: +66 (0)87 608 1116 or (0)8 0091 5353 E: info@talayrealestate.com W: talayrealestate.com Principals: Namthip Khanjanavisittaphol (Sandy) and Ted T Okuno Thailand-Property-Gate Head office: 82/9 Langsuan Road, Lumpini, Pathumwan, Bangkok 10330 Eastern Seaboard office: 449/84, M12, Thepprasit Road W: Thailand-Property-Gate.com E: Stefan@thailand-property-gate.com M: +66 (0)81 835 99 23 Thailiving 306/90-91 M12 Thappraya Road T: +66 (0)38 364 514 M: +66 (0)81 862 7405 E: info@thailiving.net W: thailiving.net Principal: Supaporn Persson (Sara)

Town & Country Property 63/10-11 Pattaya Tai T: +66 (0)38 374 136 F: +66 (0)38 374 137 Russian: +66 (0)84 873 7425 E: info@towncountryproperty.com W: towncountryproperty.com Principal: Cees Cuijpers Memberships: CRS, REBA-ES, NAR Advertisements: Pages 8 and 9

AGENTS DIRECTORY • 09-10/2013 • Issues 148 and 149

Paradise City Property 116/27 M9, Pattaya Klang opposite Big C Extra (formerly Carrefour) T: +66 (0)38 373 966 M: +66 (0)81 761 3238 E: pattaya@paradisecityproperty.com W: paradisecityproperty.com Principal: Gavin Perfect

d i r e c t o r y


REAL ESTATE BROKER ASSOCIATION – EASTERN SEABOARD

ticks all Members of REBA-ES are respected

Member companies in REBA-ES are part of an established and respected real estate organisation which has the support of the Thai Government

professional

Clients of REBA-ES members can be confident that they are dealing with honest, reputable and properly trained real estate professionals

ETHICAL

The high standards we set conform to internationallyapproved rules, regulations, strict codes of ethics and dispute resolution policies

INFORMed

Our members network closely, giving all of them access to the Eastern Seaboard’s largest real estate association

For comprehensive property listings and professional real estate consulting contact our members at www.rebaes.com


REAL ESTATE BROKER ASSOCIATION – EASTERN SEABOARD

the boxes ... Sponsoring REBA-ES members Mark Welch +66 (0)81 945 4845 info@1stop-pattaya.com www.real-estate-thailand.com

Stuart Daly +66 (0)38 412 301-2 info@pattayarealty.com www.pattayarealty.com

Heiner Moessing +66 (0)89 499 1000 info@siamproperties.net www.siamproperties.net

Rob Watson +66 (0)81 938 8391 sales@fivestarvillasandcondos.com www.fivestarvillasandcondos.com

Gareth De Silva +66 (0)81 792 9486 info@benchmarkthailand.com www.benchmarkthailand.com

Rainer Heinzmann +66 (0)81 838 1390 info@global-solidor.com www.global-solidor.com

Craig Turner +66 (0)89 253 5607 info@rightmovepattaya.com www.rightmovepattaya.com

June Bernard +66(0)38 059 635 info@powerhousepropertiesltd.com www.powerhousepropertiesltd.com

Markus Probst +66 (0)81 762 2627 info@aci-enterprise.com www.pattayaoceanproperties.com

... if your answer is ‘yes’ to all, check out the REBA-

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D E V E L O P E R S d i re c t or y Anaakot Group Development 138/1 Moo 12, Soi Chayapruk, Jomtien Project: Sixtythree@12 T: +66 (0)38 231544 M: +66 (0)8780 33329 E: info@anaakot-group.com W: Anaakot-Group.com Contact: Jason Young Blue Sky Developments Co Ltd 933 Ruamtanuthai Building, 11th floor, Mahachai Road, Wangburapapirom, Phranakorn, Bangkok T: +66(0)81 8180874 E: pornthepchawla@gmail.com W: blueskydevelopments.co.th Principal: Pornthep Chawla (Dev) Boutique Corporation 170/67 21st floor, Ocean Tower 1, Soi Sukhumvit 16, Ratchadaphisek Road, Klongtoey, Bangkok 10110 T: +66 (0)86 378 7777 E: pattama@boutiquecorporation.com W: boutiquecorporation.com Principal: Pattama Piyamaneeporn

DEVELOPERS DIRECTORY • 09-10/2013 • Issues 148 and 149

Bravo Thai Lifestyle Co Ltd Projects: The Vineyard I, II & III and Amaya Hill near Lake Mabprachan M: +66 (0)89 8677 969 E: terry@siamdevelopments.com W: siamdevelopments.com Principal contact: Terrence Allen Collins CSP Projects Chaiyapruk 2 over rail track on left opposite Baan Suan Neramit Projects: Coconut Grove, Coco Palms and Palm Grove T: +66 (0)38 076 285-6 E: md@csp-construction.com W: csp-construction.com Principal contact: Tom Coglan CW Asset Co Ltd 212/13 North Pattaya Road Project: Bang Saray Beach Condominium T: +66 (0)38 414 405 M: +66 (0)85 272 8338 (English) or +66 (0)85 272 8228 (Thai) E: info@cwasset.com W: cwasset.com or bangsaraybeachcondo.com Principal: Ms Imorn Luekhamharn Membership: TREA

Domum Holding Co Ltd 391/109 Thappraya Road. Corner of Soi 13, next to Mata Hari Restaurant Project: Meridiem Condominium and Meridiem Park Condominium T: +66 (0) 38 251 464 M: +66 (0) 8888 10311 F: +66 (0) 38 251 733 E: info@domum-holding.com W: domum-holding.com Dusitpattaya Co Ltd Soi Wat Yan off the Sukhumvit near Ban Amphur Project: Baan Dusitpattaya and Dusit Grand Condo View (Jomtien) T: +66 (0)38 343 586 F: +66 (0)38 343 585 M: +66 (0)81 0584 930 (English and Thai) M: +66 (0)868 486 704 (Russian) E: baandusit@gmail.com W: baandusitpattaya.com or domvtae.su Principal contact: Darwan Bunting (Meam) Global Tower Group Co Ltd Banglamung Soi 16 Project: Paradise Ocean View M: +66 (0)8 222 66 077 E: info@paradiseoceanview.com W: paradiseoceanview.com Habitat 5 Co Ltd Sales Office: 172 Soi Chaiyapruk 2 Project: The Ville Jomtien M: +66 (0)81 450 0001/2 E: chane@habitat-5.com W: TheVillePattaya.com Heights Holdings Co Ltd Thappraya Road next to Bruno’s Italian Restaurant Projects: Park Royal I, II & III, Pattaya Heights, Club Royal, Laguna Bay I , II and III (The Maldives), Laguna Beach Resort Jomtien I & II, Laguna Heights, The Peak Towers, Wong Amat Tower, Water Park Condominium and C-View M: +66 (0)85 282 6454 E: oliver@heights-holdings.com W: heights-holdings.com Principal contact: Oliver Nabarro

Major Development PCL 141 Soi Thonglor 10, Sukhumvit 55, Klongton Nua, Wattana, Bangkok 10110 Local project: Reflection Jomtien Beach Sales office: Jomtien Beach Road, adjacent to Suttangrak Restaurant T: +66 (0)38 233 111 M: +66 (0)89 247 7158 E: sales@reflectionpattaya.com W: majordevelopment.co.th Matrix Developments 352/202-3 M12 Pratumnak Road Current projects: Art-on-the-Hill, Paradise Park, Sunset Boulevard, The View, The Vision, Amazon Residence and City Center Residence T: +66 (0)38 250 120-1 F: +66 (0)38 250 008 M: +66 (0)87 607 8880 E: info@matrix-developments.com W: matrix-developments.com Membership: AIPP Modus Group 292/1-2 Moo 5 Soi 12, Pattaya-Naklua, Naklua, Banglamung, Chonburi 20150 Project: Modus Beachfront Condo T: +66 (0)38 225 999 or (0)38 252 635 M: +66 (0)89-092 1333 E: info@moduspattaya.com or 888modus@gmail.com W: moduspattaya.com Principal: Pimpinan Namthep New Nordic Occupies a large area of Pratumnak. Soi 4 and look for the orange signs Current projects: New Nordic Suites, New Nordic VIP Condominium I, II and III and IV are planned T: +66 (0)38 250 025 M: +66 (0)89 605 4114 E: sales@new-nordic.com W: new-nordic.com Norwegian Properties Group 315/175-180 Moo 12, Nongprue Banglamung, Chonburi 20150 Project: VN Residences 3 T: +66 (0)38 303 310 F: +66 (0)38 252 548 M: +66 (0)89 936 6741 (Eng) or +66 (0)89 834 7664 (Eng and Rus) E: jeanette@vnresidences.com or liene@vnresidences.com W: vnresidences.com Principal contact: Jeanette Eiksund Heltne

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developers directory

Where you can get a copy of REm

Robin’s Nest 33/42-44 Moo 10 Soi Diana Inn T: +66 (0)38 720 194 or +66 (0)89 928 7080 W: robinsnestpattaya.com

Mantra Restaurant & Bar Pattaya Beach, Pattaya T: +66 (0) 3842 9591 E: email@mantra-pattaya.com W: mantra-pattaya.com

Starbucks Coffee Company Lido Pattaya Royal Garden Pattaya Stylo Pattaya Beach Road Tuk Com South Pattaya Central Festival T: 038 710 087 E: customercomment@ starbucks-thailand.com W: starbucks.co.th

Sportsman Pub & Restaurant Soi 13, Pattaya Beach Road T: +66 (0)38 710 609 or +66 (0)86 834 3729 W: sportsmanpub.com

Coco’s Bistro & Coffee Lounge Soi Chaiyapruk, Jomtien T: 038 074 675 E: madeup@cocospattaya.com W: cocospattaya.com

Holiday Inn Pattaya 463/68 Pattaya Sai 1 Road, Nongprue, Banglamung, Chonburi T: +66 (0)3872 5555 W: holidayinn.com/pattaya

The Village Shopping Centre Junction Soi Chaiyapruk and Sukhumvit Road T: 038 074 647-8 W: thevillagepattaya.com

Shenanigans Irish Pub Jomtien Complex Condo Thappraya Road, Jomtien T: 038 303 490 E: info@ shenanigansthailand.com W: shenanigansthailand.com

Bangkok Hospital Pattaya Highway 3, Naklua T: 038 259 999 Emergency: 1719 E: inquiry@bph.co.th W: bangkokpattayahospital.com

Tequila Reef Cantina Soi 7, Pattaya Tel: (038) 414-035 E: info@tequilareefpattaya.com W: tequilareefpattaya.com

Read back issues on-line at www.remthai.com

DEVELOPERS DIRECTORY • 09-10/2013 • Issues 148 and 149

Pattaya Marriott Resort & Spa Beach Road, Pattaya T: 038 412 120 E: pattayamarriott@minornet.com W: marriott.com/PYXMC


D E V E L O P E R S d i re c t or y Nova Group Nova Park, 80/164 M9, Soi Sukrudee (Soi AR) near Jameson’s Pub Projects: Amari Residences Pattaya, The Cliff, Nova Ocean View, Novana Residence, The Palm, Nam Talay and Serenity Wongamat T: +66 (0)38 415 304-8 F: +66 (0)38 415 309 M: +66 (0)85 282 6454 E: info@nova-thailand.com W: nova-thailand.com Principal contacts: Rony Fineman and Keith Storey Petch Property Development Co Ltd Projects: The Cove and Prima Residence Main office: 44 Soi Sukhumvit 59, Klongton Nua, Wattana, Bangkok 10110 T: +66 (0)27 143 872 F: +66 (0)27 143 871 M: +66 (0)89 991 1999 Sales office: 193/1 M5 Naklua Road T: +66 (0)38 428 284 or (0)38 428 595 E: info@ppd.co.th W: ppd.co.th Principal: Itthi Chavalittamrong Poompatta Co Ltd 450 M9 Nongprue, Chonburi 20150 Projects: Patta Village and Patta Town T&F: +66 (0)38 371 555 E: info@poompattapattaya.com W: poompattapattaya.com

DEVELOPERS DIRECTORY • 09-10/2013 • Issues 148 and 149

Raimon Land PLC 22nd Floor The Millenia Tower, Bangkok Projects: Northpoint, Zire Wong Amat and Unixx South Pattaya T: +66 (0)26 519 601 M: +66 (0)81 3717 888 E: info@raimonland.com W: raimonland.com Principal contact: Piaras Moriarty Royal Oak Developments / Royal Jomtien Property Services Co Ltd Projects: Acqua Condominium, The Gallery, SP Townhomes, SP Villages I-V, The Urban, The Urban Suites and Acqua T & F: +66 (0)38 231125-6 M: +66 (0)86 323 1908 E: theurbanproperty@gmail.com W: thegallerycondo.com, theurban pattaya.com, theurban-property.com Principal contact: Thanyarak Meesuk

Shining Light Co Ltd Project: City Garden Pattaya Soi 15, Second Road close to The Avenue T: +66 (0)38 416 690 F: +66 (0)38 724 249 E: info@citygardenpattaya.com W: citygardenpattaya.com (The) Siam Oriental Trading Co Ltd 267/4 M12, Pratumnak Projects: Siam Oriental Condominium, Siam Oriental Garden, Siam Oriental Twins T: +66 (0)38 250 873 M: +66 (0)84 872 1272 E: sami.sarajarvi@gmail.com W: siamoriental.com Principal contact: Sami Sarajärvi SK Pattaya Development Co Ltd 130/74 M12 Chaiyapruk Road Projects: Mabprachan Garden Resort, Permsub Garden Resort, SK Residence T: +66 (0)38 074 701/10 M: +66 (0)84 872 1272 E: sk_pattaya@yahoo.com W: skpattaya.com Principal contact: Sa-nga Kijsamrej Town & Country Property 63/10-11 Pattaya Tai Projects: The Meadows, The Residence and Whispering Palms F: +66 (0)38 374 137 Russian: +66 (0)84 873 7425 E: info@towncountryproperty.com W: towncountryproperty.com Principal: Cees Cuijpers Tropical Dream Pattaya Co Ltd Showroom Pratumnak Road, Soi 6 Projects: Tropical Dream I T: +66 (0)38 252 299 F: +66 (0)38 252 209 M: +66 (0)82 202 0880 E: tropicaldreampattaya@gmail.com W: tropicaldreampattaya Principals: Gery Kis and Sylvie Schäffer Tudor Villas Co Ltd Showroom Pratumnak Hill, Soi 2 Projects: Tudor Court Condominium and The Cube M: +66 (0)81 863 0201 E: tudorvillas@yahoo.com W: tudorcourtthailand.com

Tulip Group Co Ltd 88/58 Moo 4, Bowin Sub District, Siracha, Chonburi Projects: Centara Avenue Residence & Suites Pattaya and Golden Tulip Hotel & Residence (both behind The Avenue), Centara Grand Residence Pattaya (Na-Jomtien) and Waterfront Suites & Residences (Bali Hai) T: +66 (0)38 959 180 F: +66 (0)38 959 508 M: +66 (0)83 718 0005 E: jason@tulipgroup.co.th W: tulipgroup.co.th Principal contacts: Kobi Elbaz and Jason Payne VKK Real Estate Co Ltd Sukhumvit 87 just before the rail track and the new road Projects: Porchland I, II, III (The Blue Residence), IV (The Time), V (La Santir), VI (The Feelture), VII (Del Mare) T: +66 (0)38 757 375-7 M: +66 (0)82 444 1147-8 E: theblue@porchland.com W: porchland.com VSPN Property Co Ltd 162 Moo 2, Sukhumvit Road (next to soi Banglamung 16), 500 metres past Kratingline Tri-junction Project: Seabreeze Villa Pattaya M: +66 (0)84 460 5335 E: seabreeze_villa@hotmail.com W: vspnproperty.co.th Principal: Ukarin Kerdkitsadanont Universal Group Thailand 324/90 Moo 12, Thappraya Road Nongprue, Banglamung, Chonburi 20150 Projects: Seven Seas and Savanna Sands T: +66 (0)38 074 625 E: universalplus@ymail.com W: universal-thailand.com Principal: Sonia Punjabi

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