Phuket Property: Green living condo town

PHUKET: Rising demand for residential properties in Phuket is being driven by both locals and tourists, evidenced in the rapid growth in both Phuket Town and beach-side areas.

Sam Kong is a popular residential neighborhood where there are a number of property projects under construction, including both houses and condominiums.

One such project, the Green Place Condominium by local developer Phanason, is a prime example of this trend.

Located on Eakwanit-Sam Kong Road, the development is strategically located in what is rapidly becoming the residential center of Phuket Town, situated only five minutes from Surakul Stadium (click here for map) and a similar distance from the Sam Kong community.

This multiple-building condo project is valued at about 2 billion baht and will cover an area of more than 28 rai. Units in the second phase are now available for sale, with prices starting at 1.4 million baht. Financing is available and with a 10,000 baht down-deposit, the rooms come fully-furnished.

Phanason Marketing Manager Ms Cheurchan Panvikarn told the Phuket Gazette:

“With the success of 17 previous house and condominium projects in Phuket, the company has decided to develop The Green Place Condominium to meet the demand for town living.

“This project is located in Sam Kong which is surrounded by many important destinations for convenient shopping and entertainment options. The company is focusing mostly on Thai customers, with about 70% of current tenants being Thais.

“We also offer rental management with [an annual] return on investment for the customer projected at of 6% for an initial three year period,” she added.

The Green Place Condominium consists of eight phases, each building comprising eight floors, with 1,407 units in total.

Unit sizes range from 36 to 160sqm with prices starting from 1.4 million baht. The modern luxury rooms come in four styles, including a studio (36sqm), a superior (starting from 55 sqm),1-bedroom with balcony (starting from 70 sqm), two-bedroom units with balcony – sized from 95sqm – and suites with three bedrooms starting from 165 sqm.

Construction of the third building is currently underway and the second phase is completely finished, with units now available for sale and occupancy.

The project has a full range of amenities including a lobby, a club house, pool and relaxation area, fitness facilities including tennis courts, playground and a health park. The project also has 24-hour CCTV and a safety key card for secure access.

For more information, contact Phanason the Green Place Condominium on Eakwanit Sam Kong Road; available 9am-6pm every day. Tel 076-217 849 or visit phanason.com.

Keep checking our online Phuket Property pages, join our Facebook fan page or follow us on Twitter @PhuketGazette for the latest local and national property updates.