Phuket real estate expands to inland areas
Phuket’s real estate market has experienced unprecedented growth over the past few years, driven primarily by the strong recovery of tourism following the Covid-19 pandemic. Another hugely important factor contributing to this market buoyancy has been the increase in Russian investors, who led the way...
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Phuket hotel watch – trends in 2019
by Bill Barnett of C9Hotelworks.com At the beginning of the year Phuket’s tourism and hotel sector was cautiously optimistic after a strong first half of 2018 and humbling second half. Key terms that kept popping up were Mainland Chinese, Thai Baht Appreciation, Elections and Supply Concerns. So today, with five months of performance under the …
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Luxury beachfront suites at The Bay & Beach Club
The Bay & Beach Club boasts luxurious beachfront accommodation in the heart of Patong. Situated right on the soft sands of the beach in an area lined with palm trees, the resort is just a few steps away from the clear waters of the Andaman Sea. The Bay & Beach Club offers luxurious accommodation all …
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Ocean Property launch first Phuket development
Thai real estate developer, Ocean Property, are continuing to expand outside of the capital with the launch of their first real estate development in Phuket – a townhome and modern commercial home office project “Ocean Town Muang-Ratsada”. Located in the heart of Phuket providing owners with easy access to all major infrastructure and island facilities, …
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The Patong Bay Hill Resort – where your holiday begins!
Nestled into the hills above Phuket’s popular Patong Beach, the modern Patong Bay Hill Resort is a luxurious resort which overlooks the ocean and the eclectic neighborhood below. Welcome to Patong Bay Hill Resort Set in a beautifully landscaped garden, Patong Bay Hill Resort is set amongst the natural, tropical environment of Patong’s Hasib-pee Hill. …
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Car and house loans surged in 2018
The Bank of Thailand says they’re concerned about the double-digit growth in loans for cars last year. The central bank is now monitoring the trend and will keep track of statistics for the rest of 2019. Their concerns about the Thai mortgage market the year before resulted in new regulations coming into effect this April. …
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Kamala’s Twinpalms Montazure poised to welcome guests in July
Set on the golden sands of Kamala Beach, Twinpalms MontAzure will welcome its first guests in July this year. Already a member of Small Luxury Hotels of the World, the boutique beach hotel offers beautifully appointed Suites, Penthouses and Private Pool Suites. Suites range in size from 70m2 to Penthouses with private pools and sea …
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Co-working space – not just for start-ups
PHOTO: HUBBA-TO co-working space in Bangkok by Thanchanok Phobut | Senior Coordinator, CBRE Thailand CBRE, an international property consultancy company, reveals that co-working space seems to be on the tip of everyone’s tongue these days. There was a time when no-one knew what the term “serviced office” meant or why someone would want such an …
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Stunning new Lux Neo villas at Chaweng, Koh Samui
Sun, sea, new, views, pool villa, Samui. All the words you want to hear. Lux Neo is now available, combining stunning sea views and outstanding modern design. Lux Neo is the newest award winning project by the “Neo” team with critiqued unique villa design and award winning styling. Click HERE to read more about the …
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Thailand’s property market surges with Chinese confidence remaining high
Chinese investors are still spending big in Thailand’s property market. The country’s ‘teflon’ tourist reputation and uncertain national election outcomes are doing little subdue investor enthusiasm. Two coups in a decade have done little to cool enthusiasm in Thai property. Tourists from Asia’s top economy continue to recognise Thailand as a top spot for holidays, and investment. …
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Family of British Phuket property developer say “he was murdered”
PHOTO: Lawyer Vincent McOwen holding up a photo of Steven James Granville – Khaosod English A lawyer representing the family of Steven James Granville has filed a complaint with the Technology Crime Suppression Division (TCSD) in Bangkok over police reports about injuries sustained in a 2013 ‘cycling incident’. The TCSD is now overseen by Immigration Chief …
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Phuket tram project seeks private sector investment
(The term ‘tram’ and ‘light rail’ are variously used to describe the new public transport project for Phuket.) The Mass Rapid Transit Authority of Thailand (MRTA) is now inviting the private sector and local administrative bodies to get behind and invest in a mass-transit project in Phuket. The project is valued around 35 billion baht. …
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City by the Bay – Laguna Phuket’s urbanisation
by Bill Barnett from c9hotelworks.com If you were going to play a soundtrack to this story, perhaps it could be started off best with the 80’s hit “We Built This City”. If you toured the Laguna Phuket area in the year the song charted in 1985, the area was an eerie lunar landscape of a former …
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The Bay and Beach Club – Welcome to The Bay!
With a coveted location on Phuket’s infamous Patong Beach, The Bay and Beach Club is an elegant new resort which features 26 brand new luxury rooms. The resort boasts a prime beachfront location – The Bay and Beach Club is set right on the sands of Patong Beach in an area lined with towering palm trees. …
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Orient Express luxury brand announces first hotel in Mahankhon
The King Power Mahanakhon Building in Bangkok, Thailand’s tallest, will have the world’s first Orient Express Hotel. At 78 storeys high, the Mahanakhon Building is currently the tallest building in Bangkok, pushing the slightly shorter Baiyoke Tower into second place. Aiyawatt Srivaddhanaprabha, CEO of King Power Group, said they spent over 100 million baht on …
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Well Hotels signs new Pattaya resort on Phratamnak Hill
Well Hotels & Resorts has announced the signing of a management contract for a new boutique property that will be branded Phratamnak Well Resort Pattaya. The property is set to open in late 2019 with 78 rooms and suites. According to the agreement, Well Hotels & Resorts will take on the responsibility for the pre-opening …
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Cleaning the concrete and paving in Thailand
With the wet season comes the rain. And with the rain, plus the ongoing hot weather, mould and algae growing on all our outdoor walls and paving. Rain + algae + mould looks awful and can be very slippery. Stains can also make your investment look old and unwanted. Black mould can cause allergies for …
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Walking on air. 314 metres above Bangkok.
PHOTO: The Nation King Power International Group has opened what is being marketed as the world’s biggest glass-bottomed skywalk. The new tourist (and local) attraction is on the rooftop of the 78 storey Mahanakhon building on Narathiwat Road in Bangkok’s Bang Rak district. Mahanokon is Thailand’s tallest building at 314 metres. The glass skywalk has …
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Chiang Mai official says the hotel sell-off is “because there were too many tourists”
PHOTO: This hotel is not for sale! Manager Online is claiming that a senior tourism official in Chiang Mai says the reason people want to sell hotels in the northern city is not because there are so few Chinese tourists now. It is because there are so many. Chiang Mai’s former tourism industry chief Pornchai …
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Chiang Mai’s small to medium hotels face challenges
FILE PHOTO (This hotel is not for sale!) Chiang Mai’s small to medium accommodation sector is facing fresh challenges as the tourist mix in the northern city changes, and shrinks in arrival numbers. The fallout from declining tourist arrival numbers, especially Chinese since the Phuket Phoenix tourist boat tragedy in mid-July, is forcing more than …
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Uncertainty in Bangkok’s residential property market – CBRE
CBRE, an international property consultancy company, is reporting ‘looming uncertainty’ in the Bangkok residential property market. Although developers have recently increased their launches of condominiums, sales to Thai buyers have slowed in some locations and are likely to slow further with the coming imposition of tighter mortgage lending. Some developers are trying to find locations where …
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Walk on the wild side – the new Mahanakhon SkyWalk
YIKES! Is there anything more terrifying than a ride in a border visa-run passenger van? We think we’ve found it. The Mahanakhon SkyWalk – Thailand’s highest observation deck and rooftop bar at 314 metres high – offers spectacular panoramic views of Bangkok from Thailand’s tallest building. But that’s not the really scary bit. The new …
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Weakness in the BKK condo market
PHOTO: Nara 9 – www.nara9.net Property consultants, Edmund Tie & Company – South East Asia – report that the new condo supply for 2019 is ‘unlikely to increase’ and that sales rates are disappointing in Q3. Their report says that the take-up rate of newly launched condominium projects in Q3 in Bangkok’s CBD dropped from …
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Hotel #4 for Centara Hotels in Krabi
PHOTO: Centara Grand Beach Resort & Villas Krabi, another of the Centara properties along the Krabi coast Centara Hotels & Resorts, Thailand’s largest hotel group, has just signed a Hotel Management Agreement for a 180 room property on Ao Nang Beach, Krabi. The new hotel will be under its ‘Centara’ brand. Centara Ao Nang Beach …
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Thailand’s creative entrepreneurs funding passions through Airbnb
2,000 Airbnb Homes and Experiences hosts in Thailand are members of the Creative Community 25% of all creative Thai hosts are based in Bangkok. One in every five Thai Experience hosts are from the arts, music, fashion or entertainment industries. Like tourism, which now accounts for more than 10 percent of the world’s global GDP, the …
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Thailand’s Seniors are world’s most active Airbnb hosts and guests
Seniors (hosts and guests aged 60 and older) have been a growing and integral part of the Airbnb community for many years – they are growing fast, earning important extra income, and continue to be the most-loved of any age group. They are fast growing, are booking on Airbnb in increasing numbers, and leading a …
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Meliá Hotels International signs up Meliá Phuket Karon
Meliá Hotels International, a leading Spanish hotel company, has announced the signing of Meliá Phuket Karon, the second property in Thailand, followed by Meliá Phuket Mai Khao. Meliá Phuket Karon will be the group’s sixth property in Thailand, continuing their dedication in providing exceptional hospitality with a Spanish touch, to the island’s thriving accommodation market. …
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Central Group set to open new lifestyle mall in Cherng Talay
RENDERINGS: From Phuketify website Cherng Talay has become the new ‘go to’ area with an exciting array of new retail and entertainment options opening up at the end of this year and into next year. Including this one… A new lifestyle shopping mall is set to open by the end of 2019 in Cherng Talay, …
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Chinese investment sets new records in property purchases
The demand for property, especially in Bangkok, continues unabated. Despite a drop off in absolute tourism numbers, enquiries from Chinese real estate buyers remains strong, setting new records. Not only are the Chinese the most frequent tourists to Thailand, they are the most enthusiastic property buyers, stetting a new record for Q3 this year. Number …
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“Don’t paint your temple gold” – Fine Art Department
After a report of historical temples being painted gold triggered an uproar on social media, the Culture Ministry’s Fine Art Department is warning people to stop unauthorised painting of national heritage monuments as it violates the law. Social media users expressed shock and dismay that ancient Thai temples were being given a make-over with a …
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Calls to restrict foreign property purchases in Bangkok
Dr. Sopon Pornchockchai, the President of the Thailand Agency for Real Estate Affairs, is calling for controls to restrict foreign property buyers. Thailandproperty.news is reporting than he is justifying his comments saying the growth in income of Thais is slower than the property price rises being pushed up by high foreign demand. “Some measures should …
