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You could almost hear the collective gasp of relief from the surviving real estate agencies around the town as we hit high season. The many unfortunate off-plan buyers in pie-in-the-sky condos in Pattaya’s boom days, who are still holding on to worthless sales contracts from “postponed” , bust or otherwise unbuilt condos must be uttering cries of pain, as another year passes with nothing to report on many of Pattaya's stalled schemes, and with their deposits even less likely to be returned. Trying to work out what's really going on in the Pattaya real estate market, I recently talked to a f
