EEC real estate shows positive signs with highest project emergence in 4 years! Money from both the public and private sectors has come in to invest in mega projects and develop new cities, pushing demand to revive. Real Estate Information Center reveals that in the 3rd quarter of 2023 there will be units offered for sale. 51 billion units worth 170 billion baht

Key Points:

The heat of the Eastern Special Development Zone (EEC) area is back again! When there is money from both the public and private sectors to invest in infrastructure development. Transportation routes, mega projects come in continuously.

There has been a notification of the birth of a large project in the educational center. health care center Tourist attractions, hospitals, housing projects, etc., covering the entire provinces of Chonburi, Rayong, and Chachoengsao.

corresponding numbers of Real Estate Information Center It was found that there were 8,078 units launched in the EEC area of 3 provinces, an increase of 96.2% with a value of 29,445 million baht!! This is a hope for real estate in the eastern region.

  Wichai Wiratkaphan, Government Housing Bank Inspector And the Acting Director of the Real Estate Information Center or REIC said that in 2024 it is expected that the overall real estate situation in the EEC economic zone in all 3 provinces will remain "stable" with a number of new homes for sale entering the market. Total 16,073 units valued at 47,806 million baht, divided into 8,112 housing units valued at 29,359 million baht and 7,961 condominium units valued at 18,447 million baht.

It is expected that there will be 26,133 new residential units worth 83,961 million baht, divided into 16,476 housing units worth 51,089 million baht and 9,657 condominium units worth 32,872 million baht. The overall sales rate increased 12.5%, resulting in 3 areas. EEC Province There are a total of 28,124 housing units outstanding, valued at 94,316 million baht, consisting of 13,822 units of housing projects, valued at 42,272 million baht, 14,302 units of condominium projects, valued at 52,044 million baht.

“If it is according to the Real Estate Information Center It is expected that the overall market situation is adjusting to a better condition. This is because the inventory in the market decreased by 26.3%, considered to be the largest decrease in 3 years.”