How proptech shapes Thailand’s real estate future
Thailand is experiencing a pivotal technological transformation in the real estate sector, reshaping our understanding of residential and commercial spaces. With an increasing demand for innovative office solutions in Bangkok, traditional setups are transitioning to modern concepts such as hotdesking, collaborative team spaces, and telecommuting...
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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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Krabi’s marina lifestyle is growing fast
PHUKET: Krabi Boat Lagoon, the sister marina of the long established Phuket Boat Lagoon, is garnering strong interest from Phuket residents seeking a quieter lifestyle and solid investment in the fast growing town. The marina, which opened for business in late 2012, has had a steady flow of Phuket regulars moving their boats to take …
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Life’s a beach, even in Phuket
For those who live overseas or else don’t go near the water, the current ongoing transformation of Phuket’s beaches is nothing short of magic. Taxi stands removed, sun lounges nowhere in sight, and structures on public land being dismantled. Every day seems to take a new twist and turn in this reality show-like event. Who’s …
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Something new in Phuket property design
PHUKET: I’ve never been one for driving by the rear view mirror, and often my imagination likes to take me on a journey into the future. Living for today, or for the moment, is good for self-help types, but never discount the power of wish lists – dreaming big is good. One of my biggest …
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Which island will be the next Phuket?
PHUKET: These days, I seemingly spend far too much time flying around Asia, and one of my hash tags at industry events seems to be #The Phuket Guy. There are far worse things to be called in life, and I’m without a doubt getting off easy. Send in the flip-flops, things might be turning nasty …
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Luxury villas by the lake to rent or own
The recently completed By The Lake luxury development, located just minutes from tranquil Nai Harn Beach, offers a hassle-free way to own your own slice of paradise here in Phuket. Tucked away on a quiet and private hillside with picture-perfect views, these two and three-bedroom luxury pool villas are only an 800-meter stroll from the …
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Prime deals on eight Sansiri developments
PHUKET: Sansiri, one of the largest real estate developers in Thailand, recently launched the “It’s Prime Time” promotional event in Phuket, offering a “Time for Best Units” promotion across all eight of the company’s completed developments on the island. Buyers will have to move quickly to get a bargain though, as the discount offers are …
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Condo chief calls to slash transfer fees as presales fall 30%
PHUKET MEDIA WATCH – Thailand news selected by Gazette editors for Phuket’s international community Condo chief calls to slash transfer fees as presales fall 30% The Nation / Phuket Gazette PHUKET: A revised taxation and fee structure in the property sector would boost the residential market in the second half of the year, the Thai …
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Fostering local attitude for Phuket’s property development
PHUKET: Phuket has seen many property developers go bust, some rise and fall and even fewer, rise, grow and keep growing. Attitude Club is a great example of the latter. Present on the island for 15 years, the company has undergone some major changes throughout its history, but always moving in one and only direction …
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Phuket9’s tantalizing timeless style
PHUKET: Chalong-based developers Phuket9 have been busy. Established in 2004, they began life as Phuket Nature Home and re-branded themselves as Phuket9 in 2011. Over the past 10 years they have created an entire community of private lagoon villas, built the Kata Dome Plaza and have now launched into their most recent project – Rawai …
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PREA auction of 500 properties starts today
The Phuket Real Estate Association (PREA), in association with real estate agency Harrison, is set to hold a massive property auction in Phuket this weekend, May 17 and 18. The auction, to be held at the Boat Lagoon Hotel and Resort in Koh Kaew, will see 500 properties worth 10 billion baht go under the …
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Thai property portal goes mobile
PHUKET: Thailand-Property.com, one of the biggest real estate portals in Thailand, has launched a new mobile site, shifting focus from growing on-site content to delivering more than 100,000 property listings to its user base in the palms of their hands. As the portal’s main site already receives nearly 50 per cent of its traffic through …
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Connecting the Myanmar-Phuket tourism dots
PHUKET: Myanmar is on my mind as I recall the famous line from Henry Wadsworth Longfellow’s classic poem Paul Revere’s Ride, “One if by land, and two if by sea”. The bard might very well have been speaking about Asia’s rising tourism dragon and Thailand’s neighbor Myanmar, though this slight annotation might also be apt: …
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Foreign directors: Not only power but also responsibility
PHUKET: MANY foreigners have chosen Thailand not only as their preferred location for retirement but also for doing business. Usually, such businesses are operated under the umbrella of a Thai company due to legal restrictions regulating the conditions under which foreign persons are allowed to carry out business in Thailand. Such a Thai company is …
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The darling buds of May
PHUKET: I live a life which is all too often shrouded in deep confusion. It’s not unlike waking on a dark winter’s morning and having the option of resolutely pulling a massive down comforter over my head, thus shutting out any promise of the imminent menace of an all-too-soon sunrise. Sorry, George Harrison, the sun …
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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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