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Foreign Buyers Drive Demand for Property in Pattaya and Chonburi

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Chonburi Surpasses Bangkok as Top Destination for Foreign Property Buyers

According to a recent survey by the Real Estate Information CenterChonburi province has overtaken Bangkok as the leading destination for foreign property buyers in the first half of 2024. This shift is attributed to the recovery of Thailand’s tourism sector and increasing economic activity in the Eastern Economic Corridor (EEC).

Surge in Foreign Investment Boosts Real Estate Demand

Increased Interest in Condominiums

The influx of foreign buyers has significantly spurred demand for real estate, particularly condominiums. Major developers are responding to this trend by launching new projects, with an estimated 1,000 new units expected to enter the market in 2025.Surachet Kongcheep, managing director of Property DNA, noted that large-scale developments are impacting land prices, especially in prime beachfront locations. “Some beach plots are now being advertised for as much as 1 million baht per square wah (approximately 4 square meters),” he said, indicating a range of prices from 200,000 to 500,000 baht per square wah depending on location.

Pattaya’s Thriving Tourism Sector

Recovery from Previous Market Slowdown

Despite a prior slowdown in the Pattaya condominium market, the city’s tourism sector is now flourishing. Hotel occupancy rates exceeded 78% in the third quarter of 2024, with projections for growth of 3-5% year-on-year.”Over 10,000 new units have been launched annually over the past decade, but many remain unsold. To address this challenge, developers are shifting their focus to domestic buyers and diversifying their target markets,” Kongcheep explained.

New Luxury Developments Cater to High-End Buyers

Notable Projects Targeting Foreign Investment

To capitalize on growing demand, developers like Sansiri are launching luxury condominium projects in prime locations. The “LIT Residence” project on Pattaya’s beachfront is priced at over 250,000 baht per square meter.Similarly, Kromchet Wipanpong, CEO of AssetWise, is entering the market with the Aquarus Jomtien Pattaya project, priced at 150,000 baht per square meter, specifically targeting high-net-worth foreign buyers.

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EEC’s Role in Driving Property Demand

Government Investments Attracting Foreign Interest

Chris Cherdsuriya, adviser to the CEO of Honor Group, emphasized that the EEC’s development is crucial for driving property demand in Chonburi. “The government’s investment in infrastructure—such as high-speed rail, airports, and ports—is attracting both domestic and foreign investment,” he stated.Honor Group’s “Once Wongamat” project features a 56-storey luxury condominium priced from 5.9 million baht to 100 million baht, targeting both domestic and foreign buyers with a balanced approach.

A Bright Future for Chonburi’s Real Estate Market

The growing interest from foreign buyers in Chonburi and Pattaya reflects a broader trend of recovery and investment in Thailand’s real estate market. With ongoing developments and an influx of tourists, these regions are poised for continued growth as attractive destinations for property investment.

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Myanmar Border Towns Face Diesel Shortage Amid Crackdown on Scam Operations

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Diesel Shortage at Thai-Myanmar Border

Border Diesel Shortage

The Thai-Myanmar border region is experiencing a diesel shortage as Thai authorities intensify efforts to combat fuel smuggling, which is intended to disrupt scam operations in Myanmar. This has led to limited fuel availability and increased prices in Myanmar border towns.

Anti-Smuggling Measures Intensified

Tackling Fuel Smuggling

Thai security forces are actively arresting individuals involved in smuggling fuel into Myanmar1. This action follows Thailand’s decision to cut off electricity, fuel, and internet supplies to five border areas notorious for online scam operations.

Impact on Local Communities

Communities Impacted by Diesel Shortage

The diesel shortage is impacting local communities, small businesses, and clinics that rely on diesel generators, especially in areas where solar panels are not a viable option. Ordinary residents are the most affected as they face increased transportation costs.

Rising Fuel Prices in Myanmar

Myanmar Fuel Prices Rising

Following the cutoff of supplies from Thailand, the retail price of diesel in Myanmar towns near the border has nearly doubled1. In Tachileik, prices have surged from 30 baht per liter to over 80 baht. Similarly, in Payathonzu, prices have increased from 32 baht to 60 baht.

Thailand’s Crackdown on Scam Centers

Scam Center Crackdown

The Thai government’s actions aim to put pressure on scam operation centers in neighboring Myanmar, particularly those run by Chinese crime syndicates. These centers are known for online fraud, human trafficking, and forced labor.

Joint Efforts to Combat Illegal Activities

Combating Illegal Activities

Joint police and military forces along the Thai-Myanmar border are increasing their efforts to seize smuggled fuel. Authorities have arrested smugglers attempting to transport diesel across the Moei River into Myanmar.

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Junta’s Involvement and Restrictions

Junta’s Restrictions

Myanmar’s junta has also blocked fuel from reaching Myawaddy from central Myanmar ports. This has exacerbated the fuel shortage, with fuel trucks facing restrictions at checkpoints.

Concerns and Reactions

Concerns and Reactions to Diesel Shortage

Residents have expressed concerns about potential fuel rationing and the impact on hospitals and essential services. Under pressure from China, the junta has threatened action against local authorities involved in scam operations.

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Majority of Thais Favor Power Cut to Myanmar Amid Scam Concerns

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Public Support for Power Cut to Myanmar

Survey Reveals Strong Backing for Electricity Cutoff

A recent opinion survey indicates that a significant majority of Thais support the government’s proposal to cut off electricity supplies to areas in Myanmar where call-centre gangs are suspected of operating. Conducted by the National Institute of Development Administration (NIDA Poll) from February 10-11, the survey involved 1,310 participants aged 18 and older. The results show that over 80% of respondents back the initiative aimed at combating these criminal networks.

Government Actions Against Scam Operations

Measures Implemented to Combat Online Scams

The Thai government has taken decisive steps to address the growing threat posed by online scam operations based in Myanmar. Following public outcry, authorities decided to cut off electricity, fuel, and internet services to five towns known for harboring these illicit activities. This action is part of a broader strategy to protect national security and mitigate the damage caused by these scams, which have reportedly defrauded individuals globally.

Details of the Power Cutoff

Interior Minister Anutin Charnvirakul announced that the power cutoff would affect key areas such as Myawaddy, Tachileik, and Payathonzu. The decision was made during a National Security Council meeting, highlighting the urgency of addressing the rampant online fraud linked to organized crime syndicates operating across Southeast Asia.

Community Impact and Reactions

Local Communities Face Challenges

The power cutoff has led to significant disruptions in local communities. Reports indicate that approximately 7,500 households, along with schools and hospitals, are affected by the lack of electricity. Residents in these areas have begun seeking alternative energy sources, such as generators and solar panels, in response to the sudden changes.

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Continued Operations Despite Cutoff

Despite the power outage, many scam operations continue to function using their own generators. Local officials have noted that while some businesses have been impacted, others remain operational due to their ability to generate electricity independently. This resilience raises questions about the effectiveness of the Thai government’s measures and whether they will significantly hinder scam activities.

A Divided Perspective on Effectiveness

Public Opinion on Government Strategy

While a substantial portion of the Thai population supports cutting off power supplies to Myanmar’s scam centers, there remains skepticism about whether these measures will effectively dismantle such operations. The survey also raised questions regarding potential complicity among Thai officials with these criminal networks, further complicating public trust in governmental actions.

Future Considerations for Policy Implementation

As Thailand navigates this complex issue, ongoing assessments will be crucial in determining the long-term effectiveness of these strategies against transnational crime. The government’s ability to balance public safety with humanitarian concerns for affected communities will be essential in shaping future policies regarding cross-border crime and cooperation with neighboring countries.

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Severe Air Quality Alert: Red Smog Levels in Bangkok, Nonthaburi, and Samut Prakan

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Bangkok Faces Hazardous PM2.5 Levels

On February 16, 2025, Bangkok reported alarming levels of PM2.5, reaching a hazardous peak of 94.2 micrograms per cubic meter (µg/m³) at noon. This measurement significantly exceeds the government’s safety threshold of 37.5 µg/m³, marking it as the highest pollution level in the country. The situation is dire, with the Geo-Informatics and Space Technology Development Agency (GISTDA) confirming that the air quality poses serious health risks to residents.

Surrounding Provinces Also Affected

Nonthaburi and Samut Prakan are not far behind, recording PM2.5 levels of 84.8 µg/m³ and 77.8 µg/m³, respectively. These readings place them in the same hazardous category as Bangkok, indicating widespread air quality issues across the metropolitan area. Authorities are emphasizing the need for immediate action to mitigate health impacts.

Health Risks Associated with Red Smog Levels

The presence of red-level PM2.5 is particularly concerning as it can lead to severe health complications, especially for vulnerable populations such as children and those with pre-existing conditions. Residents are advised to limit outdoor activities and utilize protective gear like PM2.5 masks when necessary.

Comparison with Other Provinces

In contrast to the hazardous conditions in Bangkok and its neighboring provinces, several southern provinces reported safe air quality levels, with PM2.5 measurements ranging from 13.5 to 14.6 µg/m³. This stark difference highlights the localized nature of the smog crisis affecting central Thailand.

Government Response and Public Advisory

The Thai government continues to monitor air quality closely while advising residents to stay informed about pollution levels through official channels. Recommendations include avoiding strenuous outdoor activities and seeking medical attention for any unusual health symptoms.

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Urgent Need for Action

The persistent red smog levels in Bangkok, Nonthaburi, and Samut Prakan underline an urgent public health crisis that demands immediate attention from both authorities and residents alike. Continuous monitoring and adherence to health advisories are crucial in navigating this environmental challenge effectively.

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