Connect with us


Phuket Property: Centrio condominium to be launched in town

Legacy Phuket Gazette



PHUKET: Property developer, Able Asset Co Ltd are excited about their upcoming development in Phuket Town, Centrio, a condominium to be built on 2,100 square meters of land close to Central Festival, comprising three eight-storey buildings with a total of 504 units.

Kasidit Manopinives, managing director of Able Asset Co Ltd, spoke to the Phuket Gazette about Centrio and his company’s plans for the future.

Phuket Gazette: When will construction on Centrio start?

Kasidit Manopinives: Right now it is under review and we hope to get the license in the next couple of months. After that we will submit for the construction permit. I am expecting construction to commence in June. After Songkran we plan to do some site evaluation work so that we’re ready for the start of construction.

When do you expect the construction to be finished?

Construction should be finished by the end of 2014. We will allow two months to make any corrections to the development and then we will start the unit transfers.

Why choose this location in Phuket Town?
It’s a very prominent location. We called it Centrio because it is central to everything – shopping and nightlife. It took us a long time to negotiate for this site.

Do you have any plans for more developments in Phuket?

Yes, we actually already have townhouses in Phuket Town in Phumpon called Phuket@town. Centrio is our second project and we would like to add more developments in Phuket.

What does Centrio offer that’s different to the other condominiums?
We like to offer a lifestyle not just a building. We want it to be a place where people can relax.

How will Centrio affect or benefit Phuket?

As a company, we want to be part of the local community, and being part of the community means many things. As I mentioned earlier, this is our second project and we hope to be on Phuket more and more. Centrio will be a new lifestyle choice for citizens.

Do you have any more plans for developments in Thailand?

Actually, we are going to launch at least one or two projects in Bangkok and Hua Hin. We are looking to launch a third development in Phuket Town next year. It will be a condominium project similar to Centrio.

What’s the vision and objective of the Able Asset group?

We are a group of experts in property development. Our vision is to be part of local communities. We think that Thailand has a lot of potential to grow, especially in major towns like Phuket, Hua Hin, Pattaya and even Udon Thani. Many major cities in Thailand have room to grow and we want to be a part of that. We want to create new lifestyle options for people in cities.

What’s Able Assets’ investment policy over the next 1-2 years?

We want to add 1-2 projects each year for the next three years, each worth 500 million baht to 1.5 billion baht. Our revenue will range from one billion to 3 billion baht per year.

Do you see Phuket as a better market than Pattaya or Hua Hin?
Yes, I personally see Phuket as a more international area that has more potential to grow.

Units will range in area from 30 to 60sqm, and will be offered from 1.49mn baht, or 48,500 baht per square meter.

For more information, visit:

— Andrew Scott


Want more Thailand news from the Thaiger family?

📱 Download our app on Android or iOS for instant updates on your mobile
📝️ Join the conversation on Thaiger Talk - discuss news & life in our Thailand forums
📧 Subscribe to our daily email newsletter
👍 Like/Follow us on Facebook
🔔 Subscribe to or Join our YouTube channel for daily video updates


Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Coronavirus (Covid-19)7 hours ago

Dole pineapple factory has 34 new Covid-19 cases, 413 total

Coronavirus (Covid-19)9 hours ago

Chinese Sinovac vaccine debuts in Singapore to high demand

Drugs10 hours ago

Drug smuggler caught in Kalasin with 300 kg of marijuana

Phuket Sandbox July 1st


Thaiger is getting behind local businesses for the restart of tourism in July - up to 50% discounts across all advertising packages in June!

Politics11 hours ago

Amendment to reform Constitution rejected by Parliament

Medical12 hours ago

Gender Health Clinic opens in Bangkok for transgender needs

Coronavirus (Covid-19)15 hours ago

30 million baht added to vaccine side effects compensation fund

Coronavirus (Covid-19)16 hours ago

Plan for 16-week gap between AstraZeneca vaccines dropped

Coronavirus (Covid-19)17 hours ago

CCSA: 120 day reopening will proceed with conditions

Tourism18 hours ago

Sandbox latest, CCSA says all regions reopening must reach 70% local vaccination

Coronavirus (Covid-19)20 hours ago

Covid UPDATE Saturday: 3,667 new infections and 32 deaths

Politics21 hours ago

Thamanat elected to role of head ‘fixer’ in Palang Pracharat party

Expats1 day ago

List: China has over 50% of all foreign-owned condos in Thailand

Coronavirus (Covid-19)1 day ago

Government plans 10 million vaccines for July

World1 day ago

Thailand News Today | Vaccine deaths investigation, PM heads to Phuket, BMA extends vendor licences | June 18

Thailand1 day ago

1 million AstraZeneca doses arrive, Anutin says “more” on the way

Thailand4 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism4 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket4 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism4 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand4 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism4 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand5 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand5 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand5 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand5 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand5 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand5 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand5 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand5 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand5 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8