Six new townhomes. Zero buyers. And one developer on the brink.

Six new townhomes. Zero buyers. And one developer on the brink.

The Hill District’s most expensive townhomes have yet to find a buyer five months after they went up for sale and despite recent price cuts. The...

Pattaya townhomes remain top contender for foreign retirees as developers battle costs and market recovery

Developers cut costs and redesign projects as consumers hold back amid rising debt and living costs, while Pattaya’s property market is going through a 3-year slump with an annual 3% decline. PATTAYA, Thailand – Pattaya’s real estate sector is bracing for a long recovery, as the broader Thai property market continues to shrink by an estimated 3% annually over the next three years, weighed down by household debt, sluggish economic growth, and tig…