News Letter

                         
               Hua Hin
     Property and Land

       News letter: March 2013 

            

Hua Hin Property and Land are pleased to announce their first news letter, and the aim is to keep you informed of all news in and around Hua Hin.

"Hua Hin Property and Land" is an Independent Real Estate company, based in Hua Hin, Thailand, with over 30 years experience in Europe, America and Thailand. Our mission is to provide our clients and customers with the best professional Real Estate service, in an Honest, Personal, Courteous and Friendly manner. We will focus our efforts on being consultants for people who are looking for property, land or businesses for sale or rent in the Hua Hin, Khao Takiab, Cha-am and Pranburi area.

A new VIP bus service has now started to run between Hua Hin and Bkk Airport, estimated time of 3 hours and at a cost of only 305 baht. It has also been announced that air-conditioned buses are now running between Bkk and Cambodia.

The Mall Group, the country's second-largest shopping complex chain, will extend its retail empire in Hua Hin with a shopping mall called "Blue Port" this complex will consist of a 5 star Hotel, cinema complex, Bowling alley and many high street chain shops. Work has already started in Hua Hin close to Soi 102, on Petchakesem road. Another shopping complex called "The Venezia" is also under construction now, near Palm Hills Golf Course.

UAE Company invest in Thailand

Asgar S Patel, who lives in the United Arab Emirates(UAE), decided to invest Bt480 million early this year in the luxury Bangkok condominium project, the Ritz-Carlton Residence at MahaNakhon, after seeing the potential return given Thailand's stable economic growth and the fact that the Kingdom will be at the centre of the Asean Economic Community, which comes into effect in 2015.
Patel, group chairman of India-based multinational House of Patels and one of the wealthiest people in India and the United Arab Emirates, says that when he invests in property he takes into account a country's economic prospects and the project's location, design and environmental features in order to reap the maximum benefit.
Patel, whose firm has interests in real estate, financial services, transport and logistics, said that when he expanded his investment in the property sector, he had first examined the state of Thailand's economy, and then considered the location and project design.
"Besides, Thailand has a large middle-class population who are gaining wealth that will support future development. Again, Singapore and Hong Kong are both saturated and out-priced, and have hardly any land mass left.
"A road is proposed from Kolkata through Myanmar into Thailand and, when the Asean Economic Community is implemented, Thailand will be the heart of Asia. China, India and Japan are investing in Thailand. So, it is logical to invest in this growing economy," said Patel.
Following his own investment in the Ritz-Carton Residence at MahaNakhon, the House of Patels Group has acquired the luxury project's marketing and sales rights for India and the Gulf Cooperation Council area, confirming his belief in the Thai property market.
"We are interested in investing in the Thai property sector not only in Bangkok, but also in other locations such as Hua Hin and Phuket. If they have the best location and design, we will expand our investment in both destinations," he said.
Patel has also invested in property in other countries in whose economic potential he has faith, including the United States, India and Dubai.