From ICONSIAM to One Bangkok: Mentabuild, the consultancy firm behind Thailand’s most ambitious developments
If you’ve ever set foot in Bangkok and looked up at its towering skyline, there’s a good chance you’ve seen Mentabuild’s work, whether you realised it or not. Founded over 40 years ago, this construction consultancy firm has played a big role in shaping Thailand’s...
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Why selling property too fast is bad business?
by Bill Barnett of c9hotelworks.com One of the most common mistakes by property developers in hot markets or with premium properties is the misconception that a fast sell-out is good. It’s often hard for real estate sales people whose mantra follow’s the ABC’s (always be closing) to understand the big picture, or more importantly the …
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Milestone complete for upscale MontAzure on Kamala Beach
The developers of MontAzure, the upscale residential resort community on the west coast of Phuket gathered in Kamala with the joint venture partners to celebrate the completion of the main structure at its unique beachfront condominium development, Twinpalms Residences MontAzure. Designed to take full advantage of its unrivalled oceanfront location, the development comprises a series …
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Laguna launches Dhawa Phuket branded residences
Leading island developer Laguna has launched Dhawa Phuket branded residences at the main entrance of the integrated resort. Featuring one and two-bedroom apartments, the entry level pricing starts from 4.9 million baht. Dhawa is a new brand of the Banyan Tree group that also operates Angsana and Cassia properties. Buyers of the property will have …
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Phuket’s new Environmental Rules hit island development
By Bill Barnett of c9hotelworks.com A new set of guidelines that quietly come into law late last year are set to alter the state of real estate and hotel development in Phuket. The revised regulations were issued by Thailand’s Ministry of Natural Resources and Environment and apply to Phuket Province. Perhaps the most significant amendment …
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New Hiltons on the way for Phuket
From Bill Barnett of c9hotelworks.com One of the leading hospitality groups in the world, Hilton Hotels and Resorts has two properties in the Phuket development pipeline. Newly signed is the 177-key Hilton Garden Inn Phuket Bang Tao which is located near the entrance of Laguna Phuket. There is also the 300-key Hilton Patong Resort in Kalim underway, …
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Introducing Thaiger Property – 8,000+ listings for Phuket
Phuket Gazette/The Thaiger are proud to launch our new ThaigerProperty.com website. In Phuket, alone, there are more than 8,000 properties for sale on the website and, around Thailand, nearly 40,000 listings – by far the largest selection available. Some of the properties are exclusive, some are ‘motivated sellers’ and there’s also rental listings as well, …
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So you’ve bought a property. Have you checked the management contracts?
by Panuwat Somrit – Phuket lawyer specialising in property Buying or investing in property may seem like a straight forward and easy transaction. You simply pay the money, transfer the ownership and that’s it. But it’s not that way in Thailand. If it were, there wouldn’t be so many issues related to buying property here. Many …
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Bangsaray. Idyllic beaches, tropical retreat. But where is it?
Ever heard of Bangsaray? It’s about 20 kilometres south of ‘Sin City’, Pattaya, and, so far has seemed to retain much of its charm. Remember Pattaya wasn’t much more than a haphazard fishing village 40 years ago (it might be argued that it’s not a fishing village any more but still haphazard). 20 kilometres appears …
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Part of the beach in front of Dusit Thani Laguna is privately owned – Land Office
Phuket Land Office, Thalang District Branch, revealed today (January 8), that the land between the sea and Dusit Thani Laguna is Crown Land (Nor Sor Lor). However, the area where the tourist was asked to move away on Sunday is still covered in the resort’s private property, according to the title. The Land Officer, Yongyuth …
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Phuket’s low season growth produces record tourism numbers in 2017
By Bill Barnett of c9Hotelworks.com For 2017 the island’s gateway airport posted 11.3% year-on-year growth to reach an estimated 8.4 million incoming passengers. This was mainly driven by a 20% surge in Mainland Chinese travelers to the island and a rising number visitors during low season of 11.2% compared to the same period in 2016. …
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Southern style with KA Villas – Rawai beach life in Phuket
Our property of the month. Welcome to the KA Villas in Rawai, Phuket. If you’re looking for location, location, location you get all that with a high standard build and a lifestyle you always dreamt about. Find out more HERE.
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Mega projects to shape Bangkok’s skyline – Thailand Tourism Forum 2018
The Thailand Tourism Forum (TTF) returns for its seventh annual edition on January 22, 2018, gathering more than 650 hotel industry professionals at the InterContinental Hotel Bangkok to discuss the mega-projects that are reshaping Bangkok’s cityscape. Running under the theme ‘Megacity Bangkok – A Tourism and Hotel Futurescape’, TTF 2018 will focus on the redevelopment …
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Residences on the rise
Bill Barnett from c9hotelworks.com reports on the rise and rise of the residential living properties with hotel branding and management…. Property developers across Thailand are experiencing a magnetic attraction for hotel branded residences in order to spur price premium points and buyer demand. Currently there are 29 new hotel residence projects countrywide with nearly 90% …
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Phuket’s Burasari Group Expands Into Hotel Management
Bursari Phuket. Photo courtesy agoda.com by Bill Barnett, c9hotelworks.com One fast emerging Phuket borne hotel chain that is stretching out into expansion is the Burasari Group. Starting out on the island in Patong the current Burasari Phuket now has 184 keys. In a bold move to Bangkok the Shanghai Mansion is in the now trendy Chinatown/Yaowarat …
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Investing in Phuket – Strong fundamentals in a beach location
ADVERTISEMENT Phuket Property Perspectives presented by Phuketbuyhouse.com With Phuket now being ranked as the fifth top holiday destination in the world, tourism is hotter than ever, attracting more and more buyers per year than ever before. Whether it be for investment or residential purposes, the demand is rapidly growing and we can now see a …
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Renovating a property in Thailand? Read this first.
Life and Law in Thailand with Robert Virasin As land prices in prime locations in Thailand go up, condominiums are getting smaller and more expensive. Many people have chosen the option to purchase larger, less expensive properties with the goal of renovating the property. There is a risk to making this choice. There is a lot …
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Hot hotel trends – Branded residences
by Bill Barnett of c9hotelworks.com Asia’s property developers are jumping into bed with hotel groups as branded residences flourish. Southeast Asia’s real estate love affair between property developers and hotel brands is morphing into a feeding frenzy. With nearly 100 mainstream hotel residence projects and over 21,000 units completed, the next three years is set …
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Punching above its weight – Rayong, Thailand
Singapore has been crowned as the Asia-Pacific city of the future by the Financial Times. The city/state was able to attract the largest share of investment in the region in the period 2012 – 2016, putting on top of the Economic Potential category. Asia-Pacific Cities of the Future, by Economic Potential: 1. Singapore 2. Tokyo 3. …
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Ao Sane and Nakkerd Mountain under DSI investigation for encroachment
The DSI deputy director-general, Pol Lt Col Prawut Wongsinil, along with his DSI team, Forestry officers and local authorities, visited two alleged encroached land plots including at Ao Sane Beach (Baan Laem Krating) near Nai Harn beach and Nakkerd Mountain in Karon. The first spot visited was Nakkerd Mountain following complaints about an illegal land …
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Should you pay more for a sea view?
While Phuket is an island, most property buyers are led to believe that sea views or proximity to the ocean are a key driver of real estate value. Fact or fiction? According to data from leading online marketplace FazWaz.com the answer lays inside the numbers. Looking at Phuket’s primary and secondary condominium sector and analysing …
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DSI checking alleged Phang Nga National Park encroachment
The DSI (Department of Special Investigations) are checking two luxury houses located on Pa Kuantohla and Pa Laemsam mountains alongside another 2,000 rai of land that is alleged to have an illegal land deed. After checking the land document at the local land office, DSI have found that the names of landlords are a famous …
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Hi So Hill in Chiang Mai ends up being an expensive scam
Story from Thai language ‘Manager Online‘ The enticing advertisement online promised a dream: quiet retirement in the beautiful hills of Chiang Mai. Many foreigners thought this was what they deserved after a life of saving so they eagerly signed up to buy houses in the luxurious, quality development. Now they are left with illegal properties that they can’t …
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Phuket Waterworld – New ‘off beach’ condo for Bang Tao
A new 555-unit hotel managed residence project named Phuket Waterworld is now offering apartments for sale. Located ‘off beach’, near to Casuarina Shores and the Outrigger Laguna Beach Resort, the project is being developed by the New Nordic Group. Phase one units range for studios from 26 square metres, one bedroom apartments and two bedrooms …
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Sell now or sell later?
Property insights from Bill Barnett of c9hotelworks.com One of the most common mistakes by property developers in hot markets or with premium properties is the misconception that a fast sell-out is good. It’s often hard for real estate sales people whose mantra follow’s the ABC’s (always be closing) to understand the big picture, or more …
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Urban push is on in Phuket’s Cherngtalay area
Phuket tourism is no longer just about the beach and the urban push is ‘game on’. One leading example is Cherngtalay which is near to the destination resort Laguna Phuket and Bangtao Beach. Upcoming in the fourth quarter of this year will be the X2 Vibe Bangtao that is set to usher in a rush of …
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Is Bangkok’s property market cooling off? No, says Bloomberg.
An update on the Bangkok property market from Bloomberg. “We’re still undervalued as a country, compared to Singapore and Hong Kong. And China, in a lot of major cities.” Click the chart to watch the Bloomberg report on Thailand’s biggest property portfolio. PHOTO: fazwaz.com
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Defamation case against BBC’s Jonathan Head has been dropped
The Phuket lawyer, Pratuan Thanarak, who brought defamation charges against BBC broadcaster Jonathan Head, has dropped his criminal defamation suit. Head investigated foreigners being scammed of their retirement homes in Phuket in a 2015 BBC report. Jonathan faced up to five years in jail over the charges. His report detailed how two foreign retirees had their …
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What makes a good rental villa?
Not everyone who has gone through the process of owning or building a villa will want to rent it out. Even if you don’t, rentability can have a significant impact on the asset and resale value so it’s well worth being aware of a given property’s potential appeal to the rental market. Here are a …
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From Russia with Love. Russian buyers on the rebound.
From Russia with Love might is a James Bond 007 thriller but it has also been a mantra for island developers as the past nine months has seen a strong uptick in demand in Phuket real estate by Russian buyers. According to the recently released Phuket Russian Tourism Market report, over 51% of Russian travelers …
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Do we need a new airport at Phang Nga?
As Thailand’s Phang Nga Province recorded a record high of nearly 4.5 million visitors in 2016, the lack of a gateway airport is looking to be a key stumbling block, according to a new report by consulting group C9 Hotelworks. Annual arrivals growth has slowed since 2014, but the compound annual growth rate for the …
