• Sansiri reveals that the condo market in the EEC area has continuous demand due to the expansion of industries and attractive investment returns.
  • Recommends 5 potential locations for the booming condo market including Bang Saen, Si Racha, Amata, Pho Sarn, and Ban Pho, with ready-to-move-in projects starting at just 699,000 baht*
  • Insights show both end-users and investors interested in rental properties, yielding total returns of up to 21%* in 3 years

Sansiri Public Company Limited, a leader in Strategic Location, has disclosed the housing demand in the EEC area, stating, "The housing market in the EEC (Eastern Economic Corridor) is rapidly growing due to the expansion of the industrial sector and the continuous increase in employment in the area, attracting both Thai and foreign workers. This creates a consistent demand for affordable condominiums. At the same time, it presents a golden opportunity for investors seeking good returns, with the primary customer base being industrial estate employees, as well as students, local residents, and investors looking to buy for rental purposes. Sansiri believes that the EEC area is a golden opportunity for customers and investors seeking sustainable growth, given its outstanding potential and readiness in all aspects."

The Eastern Economic Corridor (EEC) is a future-oriented area that is driving Thailand's economic growth significantly. It covers three strategic provinces: Chonburi, Rayong, and Chachoengsao, developed under government policy to enhance competitiveness. It benefits from various supporting factors, including world-class infrastructure and transportation, both land, water, and air. It hosts several leading industrial estates and is surrounded by comprehensive amenities such as lifestyle venues, hospitals, universities, and schools, as well as being close to major tourist attractions. This makes the EEC a continuously increasing demand area and a noteworthy location for residential investment. This aligns with the REIC's forecast regarding housing in the EEC, which predicts that the transfer of ownership in the EEC area will show positive growth by 2025, supported by government economic stimulus measures that will boost confidence among consumers and investors.

Analysis of the condo market with high growth potential in the EEC includes 5 locations as follows:

  • Bang Saen, a location near the sea and lifestyle venues such as restaurants, cafes, and recreational areas, perfectly meets lifestyle needs. The primary customer base consists of locals from Chonburi, particularly in Bang Saen, Si Racha, and Amata. The main reason for purchasing is the preferred location, along with employees from Amata Industrial Estate who find that even though Bang Saen is not directly near their workplace, it is conveniently accessible and within a reasonable distance compared to the quality of the location and surrounding amenities, especially being close to the sea, which significantly enhances quality of life.
  • Si Racha, a prominent location in many aspects and an educational hub, is home to several industrial estates and the Laem Chabang Port, a world-class commercial port. It has comprehensive facilities and is also home to Kasetsart University, Si Racha Campus. Customers include both investors and parents of students, and in the future, it will connect to a high-speed train project, making the station just 15 minutes away.
  • Amata, a leading industrial center in the EEC, hosts several renowned industries. It is a hub of internationally recognized industries, with most customers being employees from well-known factories like Bridgestone, Daikin, and Mitsubishi Electric, who prioritize convenience in commuting and cost savings, often being able to walk to work or taking no more than 10 minutes to travel.
  • Pho Sarn, an important road in North Pattaya, is close to job opportunities, tourist attractions, and amenities. The customer base in Pho Sarn consists of company employees and hotel staff in the Pattaya area, as well as investors buying for rental purposes, evidenced by the rapid sell-out of the Way Pho Sarn project within 6 months, demonstrating high demand in this area.
  • Ban Pho, a rapidly growing location, is notable for its proximity to Bangkok and is also near several industrial estates in Chachoengsao and nearby provinces. The majority of customers are those who need to work in Chachoengsao or residents of Chachoengsao, who prioritize affordable prices and convenience in commuting.

With the ongoing positive growth trend of the EEC, driven by public and private investments, the influx of new industries, and continuous infrastructure development, this area remains a focal point for both those seeking housing and investors looking for long-term opportunities. Some projects even offer guaranteed returns to instill confidence in investors.

Discover ready-to-move-in condominiums in the EEC area at affordable prices from Sansiri, catering to both residents and investors interested in rentals. Register for information and special offers at https://siri.ly/UQB7ow6