FazWaz assumes control of Lifull Connect for Thai global real estate leadership and innovation
Phuket-found PropTech company FazWaz has taken over Lifull Connect, the world’s largest real estate aggregation network, solidifying its position as a leader in the global real estate market. This milestone showcases the potential of Thai companies to succeed internationally. FazWaz and Thaiger share core shareholders...
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Phuket residents shift toward Thalang
PHUKET: Thalang is geographically the biggest of the three districts in Phuket – dominating 252 square kilometers of the island’s entire 576sq km land mass. Thalang begins at the bridges joining the mainland – the gateway to Phuket – and stretches to just past Heroines’ Monument in the Tah Reua subdistrict. This includes both the …
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Phuket’s high life: Amari Residences aim high in Patong
PHUKET: Just when you think that it’s simply impossible to develop Patong further, there comes a company that does just that. And in the case of Amari Phuket, it’s done with style. The Amari Residences complex, rising quickly over Patong Bay, is set to take the game up a notch. “Amari Residences are the only …
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Phuket’s Patong Bay Hill, in the heart of the valley
PHUKET: Mark June of 2015 in your calendars. It might be the very month when Patong begins changing for the better, all due to the launch of the beach town’s much anticipated Patong Bay Hill development. “We are very happy, as everything is going according to schedule. Patong Bay Hill is expected to be completed …
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Shanghai Property Expo to showcase foreign investments
PHUKET: If you are looking to buy, sell or rent a property, then make a note on your schedule to visit the 2014 Shanghai Real Estate Expo from December 8-10, and check out the hundreds of properties on offer, all under one roof. The three-day free exhibition, which takes place in Shanghai’s financial district, will …
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Property: Conundrum of Phuket’s luxury landscape
PHUKET: In the travel and lifestyle industry, certain words are overused to the point where they become little more than verbal gloss; shiny adornments designed to entice people to part with more cash than they would normally choose to spend. The word boutique is one such term, now applied with abandon to everything from a …
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Video Report: Sansiri targets Phuket’s high-end with Baan Mai Khao condo project
PHUKET: With prices starting from 8 million baht and reaching up to 52mn baht, Sansiri’s latest Phuket development, the Baan Mai Khao seaside condominium in the island’s north, is targeting the high-end of the Phuket property market. “The high-end market begins at prices of more than 100,000 baht per square meter,” explained Uthai Uthaisangsuk, senior …
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Video report: Phuket realtors align strategy with market slowdown
Among the seminar’s speakers were representatives of respectable developers such as Sansiri and The Mall Group’s Supaluck Umpujh. PHUKET: Realtors throughout Phuket are re-aligning their strategies to counter the slowdown in market activity this year, which has been attributed to saturation. Thanusak Phungdet, president of the Phuket Real Estate Association (PREA), revealed the news after …
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The Mall Group forges ahead with B20bn baht Phuket project [video]
Phuket Today talks with the Mall Group’s Vice-Chairwoman Supaluck Umpujh. PHUKET: Not concerned about the current economic slowdown and full of hope about the changes that Phuket is undergoing, the Mall Group will drive forward with its plan to invest as much as 20 billion baht in a new, multi-purpose retail and entertainment center in …
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The Lodge at BB Phuket adjusts to a changing market
PHUKET: It was one year ago when property guru Bill Barnett wrote in the Phuket Tattler, “Foreign buyers have returned to the island in big numbers and what is motivating them is not luxury pool villas but investment-oriented condominium and apartment properties that are hotel managed”. Yet, a lot has happened over the past 12 …
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Absolute World names new head of real estate
PHUKET: Absolute World Group has announced the appointment of Stuart Coakley as director of the group’s real estate division. Based at the property developer’s Thailand headquarters in Phuket, Mr Coakley is tasked with overseeing the group’s real estate division and growing future real estate strategy for the mixed-use resort developers and fractional and vacation ownership …
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Indigo Pearl Phuket cashes in on big-spending tourists
PHUKET: Indigo Pearl Phuket has added unique products, developed sales channels and worked with quality agents, as part of its strategy to capture the high-spending travel market. The hotel is the flagship property of the long-established, Phuket-based hospitality firm, Pearl Group. Wichit Na-Ranong, owner of the hotel, said that since the group rebranded from Pearl …
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Sheraton to be new Emerald in Phuket luxury hotel market
PHUKET: Emerald Phuket Development, confident that the luxury property market on the island isn’t saturated, is bringing the Sheraton brand back to the province after a three-year hiatus. “The Sheraton brand has one of the best distribution systems and traveller loyalty programs. It is returning to Phuket with a firm vision to take its rightful …
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Property Update: Urban-style condo launched in the heart of Phuket
PHUKET: Location, location, location is every property expert’s mantra, and Sansiri knows it well. They prove it with their latest Phuket project – THE BASE, located in the very heart of the island. Situated on five rai of land on the bypass road, THE BASE Uptown is in the middle of Phuket’s retail action, just …
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Thailand Property Awards recognize Phuket developers
PHUKET: Phuket developers and developments won the lion’s share of acclaim at this year’s Thailand Property Awards with four wins and six Highly Commended awards. Most notable among award winners was Point Yamu Villas by COMO Hotels & Resorts who won Best Villa Development and Best Hotel Architectural Design, and were Highly Commended for Best …
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Reaching the end of an era as Bill Barnett’s Property Watch column comes to an end
PHUKET: The older I get, the more the concept of time simply seems to accelerate at a fast and furious pace. Does all that caffeine I’m drinking bring me closer to the end of days, or did someone mysteriously pump up the pace? Over the past seven and a half years I have written this …
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Best Western Patong – quality and affordability reunited
PHUKET: It’s easy to spend big bucks in Phuket. Those who arrive to the island with the popular misconception that “Thailand is cheap” might be sorely disappointed when faced with local prices. They can be easier to swallow when you get what you pay for, such is the case of many high-end resorts and restaurants. …
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New rainforest weekend retreat 15 minutes from Phuket
PHUKET: A new rainforest weekend holiday experience with a touch of class is coming soon, just a short 15-minute drive from Phuket’s Sarasin Bridge. The Valley Phang Nga is a new back-to-nature retreat under development just off the main highway (Phetkasem Road) between Phuket and Phang Nga, which will feature hillside camping and cabins with …
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Property Watch: Too tents? Back to the romance of nature
PHUKET: I’m not quite sure what happened to the age-old art of counting sheep, which can effectively – and quickly – put one in a blissful slumber. This was of course in days past, before Xanax. Looking back at romantic notions – such as the classic folk adventures of Aladdin and Sinbad in One Thousand …
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Escaping urbanization at Vijitt resort
PHUKET: Blanketing 44 rai of luscious hillside above Friendship Beach in Rawai, lies the Vijitt Resort Phuket. Although the sprawling beachfront resort was subjected to a US$15 million (480mn baht) make-over in 2008, it has an enduring legacy reaching back 38 years. What began in the 70’s as a small family vacation getaway, has been …
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Samui’s tourism market hits mid-year glitch
PHUKET: While many of Thailand’s resort destinations think they are immune to what happens in Bangkok, the reality is that they are sadly mistaken. There is little doubt that the events which played out in the nation’s capital had a profound impact on tourism. Be it from martial law or the globally publicized curfews, there …
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Sansiri launches Child-Friendly Space in Phuket [Video]
PHUKET: Living up to the standards set by it’s own Corporate Social Responsibility (CSR) program “Sansiri Social Change”, which aims to help support and improve children’s lives, Sansiri launched its new Child-Friendly Space in Mai Khao to provide education in a safe environment for the children of construction workers. The project, located near the construction …
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A journey back to our old town
PHUKET: One of my earliest memories of theater is the three-act play Our Town by Thornton Wilder. It’s simple, direct and economical in its depiction of life, love and death in a small town. One of the most notable facts about the play is how the author used metatheater. Metatheater is a technique often used …
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Never a dull moment in the ‘comfortably numb’ zone
PHUKET: Adrenalin junkies simply never tire of flirting with disaster. Take those storm-chasing fanatics you see on reality television as they lean into the wind trying to catch a glimpse of the eye of a hurricane: Just one wrong step and they’re toast, along with their entire crew. Recently, I’ve taken to travelling to India …
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Warning signals for Phuket’s unlicensed accommodation sector
PHUKET: Part of every real estate cycle across Asia since the early 1990s is the appearance of exotic property investment propositions. Imagine it’s Groundhog Day and the past is destined to replay, time and time again. We can always count the condominium hotel sector to surge as we crest a wave of undying consumer exuberance. …
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Thai tourists take to Japan
PHUKET: Mist is covering Mount Yotei like a soft white blanket as I sit in the train station waiting for the 15:15 local to Otaru. Despite being school holidays, and prime-time summer, the weather is decidedly wet. Travel by railway in the country is always one of my guilty pleasures despite this being a business …
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Property Watch: These are a few of my favorite things
HAVE you ever heard music ringing in your ears or else started humming to yourself in a hotel room? You have indeed stumbled as an extra onto the movie Sound of Music. Not. But hotels that provide an emotional uplift from design, art or creative energy can be a source of inspiration for even the …
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Platinum preparing for first IPO
PHUKET: Platinum Group, a leading operator of malls including Platinum Fashion Mall, is preparing to launch an initial public offering at the end of this year or beginning of next year. Maybank Kim Eng Securities, the financial adviser, is in the process of filing the IPO plan with the Securities and Exchange Commission. The group …
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Property Watch: To be, or not too be, that is the question
PHUKET: Whenever a property column starts out with Billy Shakes and the talk turns to slings and arrows, you’d best buckle up the seat belts. Yes, we are again turning our eyes to Phuket real estate after an extended hiatus into the arcane and zig-zag run for the goal posts. Sadly, like Brazil, there is …
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Property Watch: Life in the days of future past
PHUKET: In my lifetime, small men in white suits have walked on the moon. Well, at least they seemed tiny on the television screen. Now, strangers’ voices come out of an iPhone acting as a personal concierge. I still can’t figure out how they fit a tiny person into the iconic Apple device. Yes, technology …
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A symbol of prosperity in Koh Kaew
PHUKET: The number 88 has long been symbolic of good fortune, joy and prosperity in Asian cultures and the premium housing development “88 Land & Houses Koh Kaew Phuket” by Land & Houses, one of the country’s leading development groups, is seeking to provide just those for its customers. The 52 rai development is located …
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