The condominium Porch Land 5 La Santir, located in the Jomtien Beach area, was completed in April 2015. Today, it is a fully occupied property on the secondary real estate market — a mid-budget complex with full finishes, targeting investors and short-term residents.
The project has 29 floors and is located 1,000 meters from the sea — convenient but not ideal for those wanting direct beach access. All units were originally sold fully furnished: built-in kitchen, fridge, AC units, TVs, and furniture in living room and bedrooms.
Current Condition (2025)
According to FazWaz and DDproperty, key considerations include:
- Technical condition: potential wear of elevators, plumbing, and electrical systems;
- Sinking Fund: check balance and contribution schedule;
- HOA Management: average service quality; complaints about cleaning and maintenance;
- Infrastructure: pool, fitness center, restaurant, playgrounds, parking — all functional but unchanged since 2015.
No ESG certification, solar panels, or smart home tech.
Resale Prices (2025)
Average resale prices:
- Studio (25–30 m²): 2.3 – 2.9 million THB;
- One-bedroom (35–45 m²): 3.5 – 4.1 million THB;
- Two-bedroom (rare): from 5.6 million THB.
Prices are lower than new builds, but require renovation budget (50,000 – 150,000 THB).
Rental & ROI
The complex is popular with short-term tourists and digital nomads:
- Average rent: 7,000 – 11,000 THB/month;
- Annual yield: 5.1–5.8% at full occupancy;
- Management: can be rented via Airbnb, Booking.com, or local agent.
High season (Nov–Apr) generates up to 70% of income.
Who Buys Today?
Demand structure (per REIC):
- Local investors: 48% — rental;
- Russians & CIS: 22% — seasonal base;
- Thais from provinces: 20% — investment;
- LTR residents: less than 5% — prefer modern, eco-friendly projects.
Pros & Cons
✅ Pros:
- Good infrastructure: pool, gym, restaurant, playgrounds;
- 24/7 security, CCTV, covered parking;
- Lower price vs. new developments;
- Fully furnished units.
❌ Cons:
- Far from beach (~1 km);
- No modern tech or eco-standards;
- Limited appeal to international buyers;
- Average HOA management quality.
Outlook 2025–2030
Expected:
- Stable demand from local and Russian-speaking investors;
- Possible major refurbishment via HOA fund;
- Maintaining status as budget entry-level investment;
- Gradual decline in liquidity as building ages.
"Porch Land 5 La Santir is an entry point, not a destination," said DDproperty analyst Sirasak Wongsa. "It suits those looking for a simple way into Pattaya’s market, but not for long-term living."
Looking for a condo in Pattaya? My Thai Home helps you inspect the building, calculate rental ROI, and choose a reliable project. Your purchase should be informed.
Back to list
