High demand for property in Hua Hin

Hua Hin is becoming the hottest destination for property investors, as the demand from both local and foreign buyers for residential developments in Hua Hin has continued to grow.

Hua Hin’s condo market has experienced an increase over the past year, particularly in the THB3-million-and-below price level, as more property developers are turning towards smaller condos that cater to buyers seeking weekend homes. Thai buyers still account for the majority of our sales but there is also more and more buyers from South Korea, China and Taiwan.

Sansiri, one of Thailand’s largest property developers, recently launched Baan Saan Kram in Hua Hin, with a market value of THB1.5 billion (US$49 million). Although Sansiri only recently launched Baan San Kram, the company has already sold more than half the project.

Reported by Hua Hin News Net

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