There's very little info online actually, lcrhq.co.uk might have info on the high speed rail link, AFAIK still not due until the end of 2009, and that's not allowing for any new postponements. I made the move from London with all this in mind though.
The squabbles between Roger DeHaan and Jimmy Godden are all over now I think, they did a big property trade off and Mr DeHaan owns all the seafront land he needs to continue with the master plan. I think folkestoneharbour.com will have more info on this.
There really are a lot of flats in Folkestone at the moment, so many that it's stopping the prices rising I think, but I'm not property expert! I have bought one flat, to live in, and seen a rise of somewhere between 20 and 40% in the past three years. The two years before I bought, values in our block rose 100% in two years. I'm keeping this flat after I buy my next place as I think Folkestone will be great int he long term, especially if the university plans all come off.
A place with a sea view sounds a good bet, plenty of those around here, though a garage or parking space will be of value too.
Please report back with anything you discover! It's not a terribly lively forum, but I'll help out with whatever info I can.