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Exploring Luxury Living and Empty Shophouses: A Reality Check for Expats

Article Summary:

PATTAYA, Thailand – Thailand’s property market presents contrasting trends, especially between Bangkok and Pattaya. In Bangkok, the luxury condominium sector remains robust. High-end developments, particularly those focusing on wellness and medical proximity, continue to attract affluent locals as well as long-term expatriates and retirees.

Developers are now concentrating on smaller, high-value projects rather than mass-market units. This strategic shift indicates a response to changing buyer preferences and the rising demand for luxury living with modern amenities.

Conversely, Pattaya’s market reflects a different reality with empty shophouses and a slower pace. While Bangkok thrives, Pattaya faces challenges, underscoring a significant divide in Thailand’s property landscape.

Original Article:

Luxury living, empty shophouses, and the expat reality check

At first glance, Thailand’s property and lifestyle market appears to be sending mixed signals – a contradiction most clearly seen in the contrasting momentum between Bangkok and Pattaya.

PATTAYA, Thailand – At first glance, Thailand’s property and lifestyle market seems to be sending mixed signals and nowhere is this contradiction more visible than between Bangkok and Pattaya.

Bangkok luxury lives on, but at a cost
In Bangkok, the luxury condominium market continues to show resilience. High-end projects in prime areas particularly those marketed around wellness living, medical proximity, and elderly care remain attractive to affluent Thais, long-stay expats, and foreign retirees planning ahead. Developers have become more strategic. Instead of mass-market units, the focus has shifted to Smaller, higher-value developments, Projects tied to…

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