Pricing and Trends
Average sale price at Park Beach Condominium is approximately ฿90,000/sqm (USD2,497/sqm / AUD3,810/sqm / GBP2,155/sqm / CNY17,800/sqm), slightly below the Bang Lamung district average of ฿91,000/sqm (USD2,537/sqm) and the Chonburi province average of ฿91,000/sqm (USD2,544/sqm).
Prices at Park Beach have appreciated by 11.9% over the past year, reflecting a solid upward trend in value.
The average selling time is about 453 days on the market, indicating a stable and measured demand.
Units in this complex have recently been sold at up to 29% below their original listing prices, suggesting room for negotiation and investment opportunity.
Rental Market
Rental prices average ฿360/sqm (USD10/sqm) at Park Beach, which is about 30.5% below the average rental rate in Bang Lamung, currently at ฿510/sqm (USD14/sqm).
However, rental prices here have shown a 2.9% increase over the past year, indicating growing interest and rental demand.
Rental yields may be slightly lower compared to some neighboring properties but offer more affordable entry points, making it attractive for long-term investors or expatriates.
Return on Investment (ROI) and Outlook
With strong price appreciation and continuing development in Pattaya’s infrastructure and tourism, the potential ROI for buyers at Park Beach Condominium remains promising.
The property’s proximity to essential services, transport links, shopping, and beaches ensures steady demand for both sales and rentals.
As Pattaya continues to evolve into a premier regional hub for leisure and business, early investment in established projects like Park Beach may secure capital gains and satisfactory rental income.