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Wyndham to manage new condo at Layan Beach Phuket

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by Bill Barnett

A new Wyndham managed condominium hotel is rising in the Layan Beach area of Phuket.

Named the Laya Resort Phuket, the first phase of the project is 300 units of studio and one-bedroom configuration. The new development will be situated about 400 metres from Layan Beach.

Pricing starts from 150,000 baht a square metre and a 15 year guaranteed return promoted with the first 5 years at 7% per annum. The project is a joint venture between the Chinese group Delsk and Nusasiri.

“Laya Resort neighbors to international branded luxury resorts, golf clubs, luxury lifestyle shopping hubs, as well as international grade cuisines. This is where a curated lifestyle meets nature.”

Completion of Phase 1 is expected in first quarter of 2021. A second phase of the project is currently under planning which will reportedly be larger than the first.

 

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Bill Barnett has over 30 years of experience in the Asian hospitality and property markets. He is considered to be a leading authority on real estate trends across Asia, and has sat at almost every seat around the hospitality and real estate table. Bill promotes industry insight through regular conference speaking engagements and is continually gathering market intelligence. Over the past few years he has released four books on Asian property topics.

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