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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Angsana launches beachfront branded freehold residences
Advertorial PHUKET: The Banyan Tree Group has launched a new dimension in resort style living with its first branded condominiums in Thailand under the Angsana brand. Aimed at foreign buyers seeking high-quality freehold properties by the sea, the two and three-bedroom residences – each with a private swimming pool and expansive patio – are one …
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Festive five per cent financing offered for Laguna Park’s townhomes, villas
Advertorial PHUKET: Investors in Laguna Park’s two-bedroom town houses and five-bedroom villas located next to the Laguna Phuket Golf Course are being offered a special five per cent financing option for the festive period. Aimed at couples and growing families, the homes by the Banyan Tree Group are priced from 9.3 million baht and come …
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By the book: Preparing your property for sale
PHUKET: The onset of high season is here again. The monsoon rains have passed, the sun is out and businesses are preparing for the influx of tourists to Phuket. The next six months are when most buyers will visit Phuket and when most property sales occur. Phuket real estate brokers will have already been short-listing …
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Second phase of Cassia apartments attracts investors with assurance of 7 p/c returns
Advertorial World-class developer of premium resorts, hotels and residences, The Banyan Tree Group is enticing investors to Cassia Phuket apartments at Laguna Phuket with a promise of 7 per cent returns over three years for owners. With the first phase already sold out, the second phase of the contemporary upmarket two-bedroom apartments in the grounds …
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Property Watch: Not everything can be ‘unique’
PHUKET: No other word suffers as much abuse in the Phuket property market as the word ‘unique’, to the extent that the misuse itself is almost unique. The word is important for property investors, because the ‘Unique Selling Point’ is a factor that ought to be addressed at an early stage of investment. However, items …
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Across the Land: Proposed 10-year visa for over-50s
PHUKET: Finally, after years and years of consideration and watching other neighboring countries benefit from attracting foreign residents for long-term resident stays, the Thai government has announced a long term (ten-year) visa for foreigners over the age of 50. The intention is to promote Thailand as an international hub for medical services. As Thailand plans …
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Property Watch: How to lose a property sale
PHUKET: Some of you will have had the feeling of seeing the bus you are waiting for gliding by just seconds before you reach the bus stop. Others will only be able to empathize, perhaps comparing their experience of their Mercedes breaking down and a mechanic not being immediately available to fix the issue. Whatever …
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Across the land: Burial plots become prime real estate
PHUKET: The current world population is 7.3 billion, but it is expected to hit 8.5 billion by the year 2030 and 9.7 billion by 2050, according to a new United Nations DESA report, titled ‘World Population Prospects: The 2015 Revision‘. Asia Pacific is also now home to half of the world’s population of elderly persons, …
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By The Book: Renting a villa in Phuket
PHUKET: Renting a villa or apartment long term is very popular in Thailand, especially in resort areas such as Phuket, Pattaya, Hua Hin and Koh Samui. Many would-be buyers are deciding to hold off and rent for a year or more while they get to know the area and learn the ways of Thailand without …
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Property Watch: Impact of weather on the property market
PHUKET: A lot is said about the negatives and positives of the business and economics of the Phuket property market, but it seems that less is said about the realities of the weather here on our green and often wet island, and how that impacts on property. What is said is often encapsulated in a …
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The billion dollar behemoth stirs
PHUKET: For the most part, the booming tourist high season at the start of 2016 was a challenge for the island’s luxury real estate sector, as there was no domino effect. Instead, the villa market went stone cold. As we edge towards yet another winter peak high season though, the question for the property market …
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Across the Land: In the Departure lounge to Damascus
PHUKET: On the 16th of September, Phuket officially opened the much anticipated and delayed new Phuket International terminal. The terminal is expected to accommodate up to 5 million international passengers a year while, the old terminal will accommodate 7.5 million domestic passengers. Firsthand experience arriving at the new international terminal two days after the official …
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Regional tourism growth dominated by Chinese
PHUKET: Continuing growth in the region’s tourism industry is being driven mainly by China, according to the latest CBRE ‘Hotel Megatrends’ viewpoint report, released in September. The total number of Chinese outbound tourists rose by 10 per cent year-on-year to 128 million in 2015, while spending grew by 26 per cent over the same period …
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Thailand’s largest property portal
property.thethaiger.com is Thailand’s largest property portal, in six languages, covering the Kingdom’s hot property areas, mainly in Bangkok, Phuket, Pattaya, Koh Samui, Chiang Mai and Hua Hin. The real estate market in Thailand, with all its bumps along the way, has proven itself to be robust with genuine growth over the past 20 years, especially …
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By The Book: Opportunities abound as island grows
PHUKET: Anyone living in or visiting Phuket will notice the amount of construction work going on around the island. From property development to schools, hospitals, marinas and roads – all types of infrastructure on the island are undergoing development. For several years now Phuket’s residents have grown used to the traffic diversions around the construction …
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Property Inspector: Make outdoor furniture last longer
PHUKET: Outdoor furniture can be a sizable investment even here in Thailand. In Phuket it’s either the hot sun or rain adding to deterioration. With proper care and cleaning, you can enjoy your outdoor furniture for years. New furniture comes with care instructions; however this is not always the case in Thailand. So here’s a …
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Property Watch: High hopes for smart moves
PHUKET: It is great to note that Phuket has the watchful eye and support of our PM General Prayuth with his visit for the opening ceremony of the new terminal at Phuket International Airport and the speech on ‘Phuket Smart City’ and ‘Startup Paradise’. Although Phuket has been experiencing growing pains from development, the island …
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Sansiri brings new homes at Saransiri Koh Kaew
PHUKET: Residential property developer Sansiri recently launched the second phase of their latest Phuket development, Saransiri Koh Kaew. It follows the sale of all units in the first phase of the project. Located on 50 rai in Koh Kaew next to the British International School, the new neighborhood features a total of 202 two-storey detached …
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Across the land: Age of the robotic butler
PHUKET: Robot butlers could soon be seen in modern homes. Facebook CEO Mark Zuckerberg is reportedly building an artificial intelligence system to operate and control his entire home, and the system will apparently be ready to perform a demo in the very near future. When we think of butlers, we usually envisage a man traditionally …
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CPN invests B20bn into new Central Phuket
PHUKET: Central Pattana PCL (CPN) recently confirmed long-awaited expansion plans for Phuket, announcing a 20 billion baht investment to build a second mega complex opposite Central Festival Phuket shopping mall. The new world class mega project in Phuket, to be named Central Phuket, is part of a 60 billion baht plan to develop and renovate …
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By The Book: The British love affair with Phuket
PHUKET: For a long time, the British have been coming to Phuket on vacation, for their retirement, and to set up businesses here. For a lot of Brits coming from aboard, Phuket is an attractive location for a holiday home or investment property, and UK buyers have established themselves as a permanent segment of the …
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Supicha targets locals with Sino style
PHUKET: Local developer Supicha Property is set to begin construction of a mixed-use commercial and residential development near the British International School (BIS) in Koh Kaew in December. The construction company has sunk 300 million baht into the Supicha Sino Koh Kaew project, situated on eight rai opposite the international school in Koh Kaew and …
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Property Watch: Hiring a property expert
PHUKET: Sometimes the obvious is worth pointing out, because the obvious is very often overlooked or ignored. For example, driving safely reduces road accidents, injuries and deaths, so it is something worth repeating, over and over. Similarly, if you are looking for information on property investment in Thailand, then look to proven experts with a …
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Property Inspector: Preventing mold growth in your home
PHUKET: Phuket seems to be the mold capital of the world. We all battle the mold. It surrounds us 24 hours a day in the form of spores in the air and those that have settled onto every surface inside a home. These spores are time bombs waiting to go off. In almost all instances, …
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Listing your property on social media
PHUKET: During the green season in Phuket, most real estate brokers spend their time listing new properties to boost up their listing stock ahead of the high season. Good & varied listings across the market segmentation of the property market are ideal to appeal to a wider spectrum of clients. Property listings need not necessarily …
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Banyan Tree launches new luxury villas
PHUKET: Banyan Tree Hotels & Resorts launched ‘Angsana Villas Resort Phuket’ as an addition to the Angsana family on August 1. It was rebranded from the former Outrigger Laguna Phuket Resort and Villas. The resort has 48 villas and suites, with all rooms featuring living areas. Guests can opt for one, two and three-bedroom suites …
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By The Book: Pricing your property accurately
PHUKET: When listing your property for sale, one of the most important things to do is establish an asking price. As the seller, you don’t want to set the price too low and miss out. Equally, you must not price too high as you can put off potential buyers. The first step to correctly pricing …
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Movenpick Karon certified as Asian leader in sustainability
PHUKET: Movenpick Resort & Spa Karon Beach Phuket was named Asia’s top performer in certified sustainable practices by Green Globe, an industry renowned certification body. Green Globe’s 2015 report on Movenpick Hotels & Resorts revealed that the Karon-based resort has an overall compliance score of 86 per cent, while the group’s overall average compliance score …
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Modern loft-style villas launched in Chalong
PHUKET: A new residential project was launched in Chalong last month, revealed Wanthwa Phuengchai, marketing manager of the Phuket Exclusive Development Company Limited. The project will be called Aticha Villa Town, and will be suitable for residents who want to live in Phuket in a modern, loft-style villa, close to the amenities of urban living, …
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Light up your bathing experience
PHUKET: Many of the villas I have inspected have had one light for a good size bathroom, no wonder we guys miss the toilet so often. If you’re updating, there are many wonderful options. When you visit a lighting supply house you may get a headache from the mind-numbing task of looking at all of …
