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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Gone in the blink of an eye
PHUKET: Humans blink 10 to 15 times a minute. Start rolling out the time-line and you start edging up over 20,000 blinks a day or more harrowing yet, perhaps 40 million blinks in a lifetime. Ferris Bueller said, “Life moves pretty fast. If you don’t stop to look around once in a while, you could …
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Moving away from the mass market
PHUKET: Founding member of the Phuket Real Estate Association (PREA) and president of Phuket-based developers The Onella, Sam Sethi, is a Phuket native and part of a successful family-run business on the island with a strong record in residential and hospitality development. Over the past 20 years, Sam has focused on developing mixed-use commercial and …
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Sansiri unveils resort-style condominium Dcondo Creek
PHUKET: Sansiri PLC recently unveiled Dcondo Creek, their latest completed development in Phuket, which is described as a resort-style condominium situated in the heart of the island. “Dcondo Creek is the third Dcondo development in Phuket to be completed after Dcondo Kathu and Dcondo Kathu-Patong. Dcondo Creek’s resort-style concept is inspired by nature – a …
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Seacon Group plans three new villa projects in Phuket worth Bt1 billion
PHUKET: Seacon Group plans to launch three new villa projects worth 1-billion baht in Phuket, aiming for sales growth of about 5 per cent this year as the property market in Bangkok has declined. The group’s executive director Piya Sosothikul said the company predicted that demand for homes in Phuket would grow by 15-20 per …
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Walking the brand dogma: Hotel-branded residences
PHUKET: One of my recurring nightmares is that of a tropical island sunset framed by a sinking orange ball, and the erotically charged image of a scantily-clad, swimsuit-model type gently grasping onto the edge of a mega-villa infinity swimming pool, staring aimlessly onto an empty horizon. Please bear with me, I have not entirely lost …
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Phuket Property: When you’re expecting
PHUKET: Life is odd. When you are young the future has no limits, time-frame or even, for the most part, a firm direction. Sadly, we get older, not wiser, and the time-line gets shorter by the day. Some nights, I lay awake and instead of counting sheep, start doing the math. This is not a …
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Phuket Property Legal: Your lease could be buried with you
PHUKET: Leasing has become a popular option for foreign property buyers to acquire interest in land or apartment units, due to legal restrictions applying to the purchasing of property in Thailand. Many of us may have heard that the maximum term under Thai law for residential leases, that a lessor and his lessee can agree …
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Phuket Property Watch: Samui staying strong
PHUKET: One of my favorite movies in recent memory has to be Up in the Air. Given a hectic travel schedule, it’s certainly a subject I can identify with. One of the classic scenes has to be George Clooney, jumping into line behind some people of Asian descent at the foreboding metal detector and commenting …
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Phuket Property: The luxury of privacy
SUPERYACHTS, private planes, exclusive jewelry and privacy are just a few of life’s luxuries that people crave and strive for. Wait – privacy? Sadly, yes. It’s supply seems to be shrinking by the day, with the help of our friends from NSA, Google, Facebook and others. It might seem that the ship has sailed and …
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Phuket Property: An emerald on the isle
PHUKET: Located in the heart of the rapidly developing Phuket Central Business district, Emerald Central Condo has matched quality design with a prime location to create an excellent opportunity for investors and owner-occupiers alike. The developers behind Emerald Central, Phuket Future Development Co Ltd, say the project was created with the three guiding principals of …
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Phuket Property: When privacy is paramount
PHUKET: The Onella Co Ltd has launched sales for Privé 49 low-density residence in central Phuket with superior hospitality services catering to executive urban lifestyles. Phuket-based developers The Onella Co launched the latest addition to central Phuket’s residential property market on Friday, February 7. Investors are being introduced to an innovative urban living concept featuring …
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Dusit Thani Laguna appoints new GM
PHUKET: Denis J Thouvard was recently appointed as the new General Manager of Dusit Thani Laguna, a five-star luxury resort in Cherng Thalay. Mr Thouvard previously held the position of Area General Manager at the Centara Grand Beach Resort in Karon Beach, Phuket. Mr Thouvard brings to his new role over 20 years of experience …
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Phuket Property Watch: A whole lotta lanta
PHUKET: As Phuket continues its geared up development drive towards an increasingly urban resort landscape, travellers are looking further afield in a move to get out of the box. One nearby set of island’s, Koh Lanta, has all the makings of a classic resort destination. West coast sunsets, white sand beaches and the international airport …
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Phuket Property Watch: The art of travel warfare
PHUKET: For those of you who are hopelessly optimistic and always looking for the bright side, even when caught in a monsoon, please move on to the next page of the newspaper. Better yet, find the nearest mirror and hone up on that hopeless one liner – “Have a nice day.” In this instance, my …
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Urban lifestyle options dominate Phuket Real Estate Expo
PHUKET: The latest condos, compact houses and home building supplies catering to Phuket’s urban living trend have launched their new year promotions at the Phuket Real Estate Show 2014 held at Central Festival Phuket, which ends tomorrow, February 12.City dwellings dominated the rows of properties and products at the expo featuring affordable accommodation options under …
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Phuket Property Watch: Out of the room and into the fire
PHUKET: Did you get the memo? For god’s sake, why didn’t you just fall into line and do like everyone else does? Like it or not, hotel life can pretty much be summed up in these two sentences; Go to work, disconnect all logic and brainpower and just follow the leader like a xanaxed-out flock …
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Phuket Real Estate Show kicks off tomorrow
PHUKET: Looking to lease, buy and/or invest in Phuket or Phang Nga property? Don’t sign that contract just yet! The Phuket Real Estate Association (PREA) will launch the “Phuket Real Estate Show 2014” tomorrow, January 6, in the Grand Hall on the first floor of Central Festival Phuket.The week-long, annual exhibition gets underway at 3pm …
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Phuket Property: Living it up in the Ozone
PHUKET: According to chemistry and geology textbooks, “ozone” is a pale blue gas – an inorganic compound comprising three atoms of oxygen – which plays a crucial role in the earth’s stratosphere, absorbing much of the sun’s deadly radiation to make this planet habitable for humans. Perhaps this “life enabling” property is what developer Phuket …
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Centara signs three new Krabi properties
PHUKET: Centara Hotels & Resorts is set to greatly expand its presence in the Southern Thailand province of Krabi following the signing of management contracts for three new properties within the same master development in Klong Muang, Krabi.The properties are Centara Pelican Bay Resort & Spa Krabi, Centara Pelican Bay Residence & Suites Krabi, and …
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Phuket Property Watch: Sitting on the outside looking in
PHUKET: Exclusive or inclusive? For the hospitality industry, the burning question about all-inclusive resorts is becoming a hot global topic once again. You need to go back no further than the dawn of the global financial crisis and the surge in the consumer class to test the theory of value added sales propositions. If you …
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Phuket Property: Green Walls – It’s alive!
PHUKET: Last November, an energetic Chilean man came into the Phuket Gazette offices to pitch his vision and innovation – a simple yet potentially revolutionary solution for Phuket’s increasingly congested, polluted and unappealing urban spaces. Ignacio Espoz Babul, director of Santiago-based LatinGreen – a patent holder, innovator and installer of “Green” walls, roofs and buildings …
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Phuket Property: Building materials index “unrealistic’
PHUKET: Provincial authorities seek a revision to the central price index for construction materials, pointing to outdated and inaccurate value estimations for building supplies imported to the island. Meanwhile, the Revenue Department reported collecting 9.6 billion baht in tax revenue in Phuket in 2013, exceeding their target by 5%.The economic issues headlined the agenda at …
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Consultant says gray out, green in for Phuket’s real estate boom in 2014 and beyond
PHUKET: Back in November, an energetic Chilean man paid a visit to the Phuket Gazette offices. Identifying himself as Ignacio Espoz Babul, the Director of (Santiago-based) LatinGreen – a patent holder, innovator and installer of “Green Walls” – the man passionately talked of a coming “Green Revolution” that he had envisioned for Phuket and the …
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Phuket Property: Laguna park condominiums launched
PHUKET: Laguna Park Condominiums, the latest development by Laguna Property, was launched as the final component of the Laguna Park master plan’s first phase.The condominiums follow the recent and successful introduction of townhomes and villas to the project’s plan. “With the Laguna Park condominiums, we are targeting single residents and young couples with the appeal …
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Outlook bright for Dubai property expo
PHUKET: The 10th International Property Show (IPS), which will coincide with the Annual Investment Meeting 2014, from April 8-10 in the Dubai International Convention and Exhibition Center, will attract 300 companies from 80 countries. The Phuket Gazette and PGTV are proud media sponsors of the exhibition, which this year will be the biggest edition since …
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Property Watch: So near and yet so far
PHUKET: Asia’s resort property scene is not unlike any other industry, in that it’s always on the lookout for the next big thing. What do they say about the key to success – location location location. Is that one or three? Perhaps there is just an echo in the room or the snoring of an …
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Living in Patong has its privileges
PHUKET: With the lasting development boom in Phuket, one might find it difficult to keep track of all the new condominiums and villa projects appearing on the island’s map. That’s why Karn Jiratuntathorn, the owner of the Privilege residences in Patong is aiming for something different. “My project is not the same as others. There …
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Enjoying the fruit of Thai land
PHUKET: In the last Property Legal column (published in print on November 30 and online December 3, story here), Phuket’s International Law Office (ILO) touched on the topic of usufruct agreements, a lesser known form of property contract that could be a considerable option for those looking to secure interests in Thai property; particularly foreigners …
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Tesco Extra officially open in Phuket
PHUKET: Tesco Lotus recently held the official grand opening for its first “Extra” format store in Phuket. The rebranding and re-opening of the shopping center, its main Phuket store located off the bypass road in Sam Kong, follows an extensive renovation project undertaken in the final quarter of 2013. The development also complements the grand …
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Phuket Property Watch: Walking in the shadows of dinosaurs
PHUKET: With New Year’s celebrations mostly behind us now, the question everyone has is what’s in store for fourteen? My biggest challenge each and every successive drum roll of another 365 (or 366 in the case of leap years) is to remember to change the date on whatever I’m writing at the time. Typically things …
