Why all eyes are turning to the Eastern Seaboard

21 พ.ย. 2561

The Eastern Seaboard, also known as the Eastern Economic Corridor, holds significance for Thailand and its economy. This area which spans over four provinces including Chonburi, Chachoengsao, Rayong and Samut Prakan is the melting pot for Thai exports. Here a multitude of manufacturing firms are based cashing in on its strategic geographic location within the South East Asian region that allows products to be readily exported by sea container. Additionally, many businesses are keen to enjoy the low labour force costs which is the vital bloodline to pump out production and profit.

Foreign companies have set up shop here such as Japan car making firms, and the Thai government have been driving the Eastern Seaboard in this development. Consequently, more companies bring increasing numbers of people needing somewhere to call home. Pattaya is one example where population numbers have risen. Residents are enjoying the short commuting distance to the Eastern Economic Corridor, but also relish in that Pattaya is a commutable distance from Bangkok and Suvarnabhumi airport.

International schools have followed suit opening in the area to meet the needs of families whose parents are working within the Eastern Seaboard. Shopping malls have sprung up that are comparable to Bangkok’s offerings. Restaurants and entertainment options are also in abundance. The whole area has ramped up its charm offensive and these attractions illustrate how the economy is benefitting in more than from the manufacturing alone.

The Riviera Wongamat Beach

Homes have been built to meet with this growing appetite for places such as Pattaya, with developers keen to cater for all age groups since family numbers are on the up. At the same time the finishes are of the highest level to match with expectations. One notable project is The Riviera Wongamat Beach. Securing the Best Condo Development (Eastern Seaboard) award at PropertyGuru Thailand Property Awards 2018, The Riviera Group, the brainchild behind this prestigious condominium have responded to the needs of individuals with this exclusive residence. All age group’s needs are met with children’s swimming pools, open green spaces and sky terraces.

The judges said, “The winning features of The Riviera Wongamat Beach include its playful use of colourful LED lights to accentuate decorative panels and details throughout the property, a dramatic clubhouse, and competitive pricing for its location.”

>>>Find more projects in Wongamat

More insights about Bangkok property market, check out DDproperty Property Index Report and DDproperty Property Market Outlook Report and find out how much you can afford for your new house, try our mortgage calculators.

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