Connect with us

Property

Phuket Property Watch: So near, and yet so far

Legacy Phuket Gazette

Published

 on 

PHUKET: As I write this, I can imagine the strange look of astonishment on my editor’s face as this column arrives – one which is actually about property. Perhaps a virtual high five will be forthcoming. More likely a collective sigh of relief, which can be heard high above the din of rush hour traffic on Thepkassatri Road.

Worse yet would come sweaty palms, a fast heart beat and the inevitable rubbing of hand paddles that reminds you of those medical dramas. Shouts of “clear” just as one of Phuket’s electricity disruptions kicks in. The stress of island living can be deadly given the current state of urbanization.

Slowly but surely, we’re seeing property developers, and buyers, pushing the boundaries of Phuket proper and going over the fence.

Memories of the late, great Steve McQueen flick on in the mind’s eye with scenes from The Great Escape.

A few years ago, Gene McCain, who was one of the original development partners in the luxury Cape Yamu development, decided that he wanted to get back to basics. What was born is the Jindaran Beach Club and Resort on Coconut Island. For those of you not familiar with the location, the proper name of the island is Koh Maphrao, located just a few minutes offshore, on the east coast near Laem Hin.

What has become a three-phase development is located on a 14 rai site facing west and southwards to Phuket.

A total of 42 rustic cottages, which are suitable as holiday homes or residences, have been placed throughout the project, with sales reaching over 75 per cent.

Conceptually, the idea was to offer buyers options on sizes and add-ons, such as extra space and private pools, if they desired. So, a bit of a ‘buy what you need’ and if you didn’t need it, you saved money.

Again simplicity was at the core, with added on components clearly priced at the onset, not unlike ordering a sandwich at Subway.

Standard unit pricing for a basic model is under 2 million baht. Property management fees have been geared to be affordable, starting at 7,000 baht a month.

Owners have the option to live in their home, otherwise Gene provides a full service, resort-style program of facilities, which includes a restaurant and pool.

One of the challenges of Maphrao Island is the lack of an electricity connection to the mainland. Hence, the contained footprint of the cottages is able to use green technology, such as solar power for hot water. There is also a generator situated at the resort.

Transport back and forth is a fairly easy affair with a regular service boat transporting home owners and guests to the popular Laem Hin Pier.

Elsewhere on the island, Chris Gordon’s ‘The Village at Coconut Island’ has been a strong pioneering development, which has continued to evolve and grow.

Meanwhile, the owner of the upscale Burasari resort in Patong has a prime oceanfront plot on the north east tip, which they plan on developing into a luxury pool villa resort.

The conundrum of the lack of electricity infrastructure to an island that sits less than three kilometers from Phuket’s Provincial Hall continues to baffle many. For all of the economic prosperity of its neighbor, the government has continued to cast a blind eye to the East.

Once Jindarin is complete, Gene intends to move there full time, electing to raise his family in island bliss while his children commute to Phuket daily to attend school.

‘So near and yet so far away’ is the best adage that applies to this laid back lifestyle.

Another popular island real estate personality, Red Graham, has been enlisted to assist on property sales for the project.

If the island traffic starts to get to your head one of these days, a trip over to Coconut Island might be just what the doctor ordered.

If you see a hammock under a tree, you might just find Gene McCain.

Property Brief: Sansiri Launching Mai Khao Condo Project
Phuket’s condominium property sector is continuing to gain momentum with news that Thai listed development firm Sansiri will launch a 206 unit project in Mai Khao this March.

Named Baan Mai Khao, the medium rise project, which sits on a 13.2 rai site, is situated between the Renaissance and Holiday Inn resorts.

While Sansiri has traditionally focused on inland properties, this marks the first time in Phuket they will target a large scale foreign market. The oceanfront site will command an average price of 120,000 baht per square meter.

Composed of nine buildings, these are configured into 3 storey and 5 storey blocks. Unit types kick off with one bedroom units at 60 square meters, and include two bedroom, duplex, 3 bedroom and penthouse units.

Unlike some of their previous Phuket offerings, these units have been upsized with a two bedroom unit ranging from 100 to 120 square meters.

Pricing points go from 7.3 million baht up to 35 mn baht.

According to market sources, Sansiri has a purchase option on additional land next to the site for future expansion.

Bill Barnett is Managing Director of C9 Hotelworks and can be contacted through C9hotelworks.com.

— Bill Barnett

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forum
🔔 Subscribe to our daily newsletter
📺 Subscribe / Join for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

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

You must be logged in to post a comment Login

Leave a Reply

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

Follow Thaiger by email:

Thailand3 hours ago

November reopening concerns majority of Thais, Department of Health survey shows

Thailand3 hours ago

British divers say they risked arrest for giving boys ketamine during cave rescue

World4 hours ago

US President Biden to join ASEAN summit as leaders poised to discuss key regional issues

Sponsored4 months ago

Take a trip through Thailand with Sixt Rent a Car

Welcome back to Thailand!

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

Thailand5 hours ago

Prayut orders investigation into used medical gloves exported to the US

Coronavirus (Covid-19)6 hours ago

Health officials play down concerns over Thailand’s first case of Delta Plus variant

Bangkok6 hours ago

Chulalongkorn students drop royal parade on grounds it promotes “authoritarianism”

image
Join the conversation on the Thaiger Talk forums today!
Thailand6 hours ago

Thailand Top Stories | TAT explains entry for travelers outside quarantine exemption list | October 26

Phuket7 hours ago

Thai PM defends plan to spend 100 million baht on New Year’s Eve celebrities

Tourism7 hours ago

Government’s domestic tour package subsidy receives lukewarm response

Coronavirus (Covid-19)7 hours ago

Tuesday Covid Update: 7,706 new cases and 66 deaths

Coronavirus Vaccines8 hours ago

Foreign Ministry rejects Thammasat University’s request for help importing donated Moderna doses

Thailand News Today23 hours ago

Thailand News Today | Government pressured to ease restrictions, Chiang-mai cluster scare | Oct. 25

Pollution23 hours ago

Bangkok and surrounding provinces warned to prepare for dust pollution

Pattaya23 hours ago

“Free parking” signs placed at Pattaya pier after complaints of scammers

Thailand24 hours ago

Bangkok land prices rising, but still below pre-pandemic average

Thailand1 month ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand8 months ago

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

Tourism8 months ago

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

Phuket8 months ago

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

Tourism8 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand8 months ago

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

Tourism8 months ago

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

Thailand9 months ago

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

Thailand9 months ago

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

Thailand9 months ago

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

Thailand9 months ago

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

Thailand9 months ago

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

Thailand10 months ago

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

Thailand10 months ago

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

Thailand10 months ago

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

Trending