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Investors continue buying up Phuket development projects, land prices increasing

Kritsada Mueanhawong

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President of Phuket Real Estate Association (P-REA), Boon Yongsakul says, “Real estate investment in Phuket is continuing to grow. We are sure that this year’s investment is growing more than last year.”

“Phuket has a very beautiful natural environment and Phuket local people are very nice. More foreign tourists continue to visit Phuket. Investors, both Thai and foreigners, are continuing to invest on the island. More Thai visitors from other provinces are also coming and the demands on accommodation are increasing,” he added.

“More Chinese are buying condominiums outside the main towns. Condominiums that have been constructed over the past three years are almost sold out. We expect that future growth will not be less than 10 to 20 percent.

“Investors are also interested in the Phuket tourism business. As far as we know now there are currently large investments in projects such as huge water parks, marinas, new department stores in Patong and Cherng Talay and new five star hotels in Phuket,” he added.

“Land prices in Phuket are continually increasing and we expect that trend to continue as new land becomes increasingly difficult to find, especially along the west coast. Land price outside the main towns is not less than 3-5 million baht per rai, near the towns is 5-10 million baht per rai and along the coastal areas is now between 20-100 million baht per rai.”

Boon Yongsakul, President of Phuket Real Estate Association 

Collecting the daily news around Phuket for many years. One of the island's most accurate and timely news-gatherers.

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Thaiger Radio News – Tuesday

Kritsada Mueanhawong

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Listen to the daily news from The Thaiger, anytime, anywhere.

 

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Muay Thai for five year olds – Sport or child abuse?

Kritsada Mueanhawong

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Video of two five year olds fighting in a boxing ring has sparked a lot of reaction. The young kids in the 17 kilo division (yes, there’s such a thing) are shown punching each other’s heads, with the occasional kick, as a crowd of baying adults urge them on.

Sanook reports that as one boy is repeatedly forced into a corner the referee makes no attempt to seriously intervene. He merely lets the boys continue flailing at each other in the center of the ring.

Neither child is wearing any head protection.

The video – posted by “Yuthaphoom Khunseuk Tragoonyang” – goes on for a full two minutes. You can watch the video HERE.

Sanook say opinion fell into two camps – one group were praising this as an expression of Thai culture though the national sport of Muay Thai, the other condemning it as nothing more than child abuse for the pleasure of adults that violated the rights of children.

Sanook said that doctors at Mahidol University have stated that 100,000 children under the age of 15 are competing in Muay Thai prize fights in Thailand. They point out that children of this age should not be fighting due to potential damage to the brain.

The Thaiger story about the Mahidol University report HERE.

Sanook said that moves are currently being made to seek a change in the law that allows such “sport”.

SOURCE: Sanook

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Thaiger Radio News – Monday

Kritsada Mueanhawong

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