PHUKET: Jones Lang LaSalle (JLS) has announced that it has entered into an agreement to manage The Pelican Krabi, a prime resort development by Perry Group International.
The agreement is JLS’s first property management contract in Krabi and marks the fast growth of the firm’s property management business in Thailand.
The Pelican Krabi is situated on 33 rai of oceanfront land on the west coast of Krabi, directly across Phang-nga Bay from Phuket, and comprises three development phases. Scheduled for completion in mid 2012, the first phase will feature 90 condominiums with 1-3 bedrooms at prices ranging between 6 million and 14 million baht.
The other two phases will include 40 villas and a five-star hotel. Upon completion, The Pelican Krabi will also offer resort facilities, including a free-form swimming pool, a fitness centre, meeting facilities and a snack bar.
Andrew Ngamsappasilp, CEO of Perry Group International, said, “As we want to ensure that the property and its owners are well looked after, we chose Jones Lang LaSalle, the leader in property management, to manage The Pelican Krabi.
“Jones Lang LaSalle is an experienced management company, and we believe that it understands what level of service is required and can provide expert guidance in the field of juristic management. In addition, they are a strong international property management brand, and our customers, many of whom are overseas buyers, will recognize it and see that we have considered high-standard after-sales service for them,” added Mr Ngamsappasilp.
Dexter Norville, Head of Estate Management for JLS, said that the company is pleased to have been awarded the contract to manage this property as it represents the firm’s first appointment in Krabi.
“We are expecting Krabi to become more popular over the next few years as it has increasingly been recognised as an alternative destination to Phuket and Samui, which are both established destinations.
The growing reputation of Krabi and the international airport there will help bring more tourist arrivals each year. Thais and foreigners alike who are looking to purchase a holiday home or retire in Thailand may well choose Krabi,” he remarked.
Property and asset management is one of JLS’s fastest growing businesses.
Today, the firm is the largest international property and asset management service provider in Thailand with a portfolio of 3.9 million sqm of real estate and corporate facilities managed in Bangkok, Phuket, Pattaya and now Krabi.
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