The Grande Caribbean Condo Resort in the Thai coastal city of Pattaya recently achieved an 80% sales record, although the THB1.6 billion complex will not open its doors until 2015.

Tulip Group Thailand has announced the pre-launch phase of its latest mixed-use development located in Central Pattaya.

Developers and realtors have welcomed the launch of Pattaya’s first Property Show next year, which is scheduled to take place at Hilton Pattaya form January 9 -12, 2014.

TheMoveChannel.com’s monthly Investment Watch gave Thailand the top spot for overseas property investment in October.

The Pattaya condominium development market is in good health according to the latest market report from Colliers International Thailand.

According to research conducted by Knight Frank Thailand, the Pattaya condominium market is booming as approximately 2,491 units were sold in 2011, which is a 120 per cent increase from 2010.

The continued demand for luxury property in Pattaya was confirmed this weekend with the sales launch of the Centara Grand Residence.

Pattaya’s APUS Condominium has been completed on schedule with 85 per cent of its 158 units being sold.

Treasures await for real estate buyers investors in Pattaya but if you reach for it too soon you´ll get hurt, says Jugkarut Ruangratanakorn, vice-president of Ratanakorn Asset Co Ltd. Speaking at a seminar organised by the Real Estate Information Centre and quoted in The Bangkok Post, he says: “For Pattaya real estate, treasure is waiting ahead. But if you reach out for it today, you may get hurt. [You should] wait for a right time. Investors and developers should know its [Pattaya real estate´s] life cycle. 1997-2000 was its bottom, 2001-04 was a recovery and 2005-08 was a boom.”