Property News

What a difference an airport could make

Phuket’s Northern neighbour Phang Nga, and its key tourism magnet of Khao Lak, is seeing increasingly broader demand. One clear sign of the times is the new international offerings in the current pipeline including such brands as Sheraton, Holiday Inn and Avani. And a new airport to service the area as well. Read more about the confirmed …

5 property checks buyers mysteriously overlook in Thailand

by Desmond Hughes In many countries, once a decision to purchase a property has been made, a deposit paid, the parties should be able to sit back and handover legal matters to their lawyers, and concentrate on admittedly stressful practical matters such as furniture removal, checking boilers / heating / air conditioning systems and often …

Pavilions Hotels & Resorts announce two important acquisitions

The Pavilions Hotels & Resorts has made two important appointments as it continues to expand its portfolio and strengthen its management team. Scot Toon takes on a new role as the company’s Managing Director, Asia while Tim Sargeant becomes the Director of Marketing for The Pavilions Phuket. Both are highly skilled and experienced hospitality professionals …

Habitat Group launches three projects valued at 3 billion baht

Habitat Group is poised to launch three new projects with a total value of 3 billion baht in the second half of 2018. Recognising the growing trend of buying properties for investment, the company reveals this sector is growing 10-20% per year and foreigners looking to invest in property assets are making up a increasing …

Three new luxury show suites open at flagship Twin Palms Residences

MONTAZURE ON STUNNING KAMALA BEACH MontAzure, the upscale mixed-use residential resort community set on 454 rai (178 acres or 72 hectares) of mountainside to beachfront land in Kamala, has launched 3 new on-site beachfront show suites at the award-winning beach condominium development, Twinpalms Residences MontAzure. Considered by real estate experts to be one of the most compelling lifestyle …

Sansiri launches THE BASE Central – Phuket

Sansiri launched another one of their ‘BASE’ branded condos with the launch of ‘THE BASE Central Phuket’. Quoting from their media release, “The design is influenced by an enchanting lifestyle where the native people and Chinese from across the seas come together to create the Peranakan culture under the new concept ‘MARK MY BASE’.” Poomisak …

Launching of The Residences at Sheraton Phuket Grand Bay

APEX launch Phuket’s most exclusive address

The Residences at Sheraton Phuket Grand Bay on Phuket’s east coast, a four billion baht development, includes a 5-star Sheraton resort and Phuket’s first Sheraton-branded residences of which 70% are already sold. Panoramic views across Po Bay to Ao Phang Nga National Park and the Phi Phi Islands beyond are what greet residents and visitors …

Changes to the leasehold bill ‘unlikely to impact property market’

Changes to the Leasehold Bill looks likely to update the way foreigners can maintain rights to use land in Thailand. A new bill has been approved by the Thai cabinet and could become law following the public hearing process that finished yesterday. The intention of the changes to the bill, mooted last year, is to …

A tale of two cities, Phuket style

By Bill Barnett of c9hotelworks.com The raindrops keep falling on my head. Rainy season always brings with it time to dust off the classics, and strangely enough, straight off my top shelf came Charles Dickens’ A Tale of Two Cities. Life is played out so well in these tattered pages, which are turned a mottled …

Trang: Southern Thailand’s rising star

As real estate in the markets of Phuket, Phang Nga and Krabi increasingly becomes unattractive to investors and speculators due to rapid appreciation and the lack of new land coming up for sale, markets in other southern Thai provinces are beginning to bud. Trang is one such market that speculators would be wise not to …

The evolution of an island – Phuket’s rise and rise

PHOTO: Banyan Tree Phuket “Thailand’s great push forward on mega-transportation projects is seeing strong dividends being paid in its tourism industry. One key example is Phuket, where passenger arrivals grew by nearly 19% in the first four month of the year at the newly upgraded and expanded international airport.” By Bill Barnett Why Phuket? One …

Perspective: West coast hoteliers give some insight into low season hotel traffic – Phuket

Speaking to a number of west-coast hoteliers on the island The Thaiger heard a few ‘truths’ about Phuket’s surging tourism industry, from the front line and not from the Associations which are forever pitching extravagant occupancy rates, spinning the numbers. The TAT (Tourism Authority of Thailand) can sometimes be accused of painting a ‘too rosy’ …

Emerald Group says it will continue with its developments

(Translated from Thai) A press conference held at Dara Hotel on Saturday afternoon (May 19) was hosted by Emeral Development Group’s Sawit ‘Mai’ Ketroj. Mr Sawit says, “News about Phuket Future Group Co.,Ltd. real estate projects, which is one of companies in Emerald Group located at Kalim Patong, has damaged us. The news has affected …

Renting out rooms daily or weekly? You better read this.

SCREENGRAB: AirBnB website Illegal short-term holiday rentals, advertised and promoted by online portals like AirBnB, are coming under increasing scrutiny from authorities. Although there has been laws preventing short-term property rentals acting as ‘hotels’, the law has been loosely enforced with some condo developments around the country acting as defacto hotels and listing in many …

Bangkok property trends continue to point upward

Bangkok’s property market continues to show price growth with an eight-point increase in the DDproperty Property Index from 205 to 213 in the first quarter of 2018. A strong opening for 2018, this growth is on the back of an improving economic outlook and an expected increase in Gross Domestic Product (GDP) this year to …

Phuket Property Awards for Export 2018

PHOTO: The Regent Bang Tao “We have received some good ideas from the Phuket Governor to make a good image for condominium investors in Phuket and to improve confidence and credibility for both Thai and Foreign customers. Many condominium project complaints have been filed at the Damrongdhama Centre.“ This from the President of the Phuket …

Recharge Your Batteries at Holiday Inn Vana Nava Hua Hin

Holiday Inn Vana Nava Hua Hin, Asia’s first integrated Holiday Inn hotel and water park, has demonstrated its commitment to innovation and sustainability by installing Hua Hin’s first electric car charging station. Launched in partnership with leading renewable energy company Energy Mahanakhon, the new ‘EA Anywhere’ charging station is a state-of-the-art facility that meets IEC …

Investors continue buying up Phuket development projects, land prices increasing

President of Phuket Real Estate Association (P-REA), Boon Yongsakul says, “Real estate investment in Phuket is continuing to grow. We are sure that this year’s investment is growing more than last year.” “Phuket has a very beautiful natural environment and Phuket local people are very nice. More foreign tourists continue to visit Phuket. Investors, both …

AKSARA Collection appoints new Director of Hotels and Resorts

The Pattaravornee Family of Phuket are very proud to announce that Mr. Matthew C Hindmarch, who joined the company as General Manager for Kata Sea Breeze Resort and part of the development team of The SIS Kata Phuket four years ago, has been promoted to position of Director of Hotels and Resorts. In this role, …

Tenants and landlords. Things change from today.

If you rent property in Thailand there are new guidelines for tenants and landlords that come into effect from today. Mostly good news but there are a few exceptions that you will need to be aware of. The days of the unscrupulous landlord may be partly over. With thanks to Thailandproperty.news and Tilleke & Gibbons, leading south …

Phuket luxury villa sales surging

Phuket appears to be on an upward swing in the property market following a few years languishing with slower sales. According to a recent report from CBRE Thailand, around 155 resort villas were sold in Phuket during 2017. CBRE, which opened an office on the island back in 2004, says the results last year represent …

Developers rush to provide better retirement options in Thailand

Retiring in Thailand has always been a double-edged sword – on one hand the lifestyle, inexpensive living and culture. On the other, the prospect of lonely later years without the trampoline safety of adequate healthcare and services. But there are now a growing list of companies looking to address the needs of the growing expat …

MontAzure helps fund the Muslim Foundation’s Tonkla-Kamala Camp

The developers of Phuket’s MontAzure in Kamala, is helping fund the Kamala Muslim Foundation’s Tonkla-Kamala Camp 2018 as part of the company’s ongoing support for the local community in Kamala. The annual educational camp takes place from April 5-20 and is designed to help local children learn important skills that will be useful to them …

Ka Villa, Rawai – Own your dream pool villa in Phuket

The luxury villas in a quiet soi near Laem Ka Beach have been a popular success for investors and those looking for a dream lifestyle in Rawai, Phuket. If you’ve ever wanted to own a dream property in Phuket, Thailand, Ka Villa can help make that dream become a reality. Walking distance to the golden …

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 …

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 …

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 …

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 …

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, …