Houses in the B2-3 million range are moving on Phuket, according to local property investor Winpro Engineering Co. Ltd., who are showing their faith in the market with new projects of affordable housing.
Read the rest of this entry »Archive for the ‘Real Estate’ Category
Andara and Baan Yamu lead Phuket scorers in Property Awards
Hong Kong tycoon Alan Zeman’s Andara and Swedish developer Carl Langenskiold’s Baan Yamu each picked up a bundle of honours at the recent Thailand Property Awards 2010.
Read the rest of this entry »Resorting to Absolute confusion in Phuket
In the blue corner, Absolute Resort Management. In the red corner, the other Absolute, from Bangkok, Absolute Hotel Services.
Read the rest of this entry »Another home for sale in Phuket – at $8m
Oh dear. Just when we thought we’d found Phuket’s most expensive home for sale, at US$7 million, along comes another one selling for US$8 million. Not only that, it’s not on Millionaires’ Mile – it’s up above Surin Beach, effectively out-millionairing Millionaires’ Mile by a million bucks.
Read the rest of this entry »Millionaires’ Mile home in Kamala for sale at a cool $7m
Phuket Observer believes that Liberty, a cliff-top dwelling on Millionaires’ Mile, may be the most expensive home yet offered in the Phuket luxury home market.
Read the rest of this entry »LaTour to manage Grove Gardens
American hotel management company LaTour is at it again, signing up its third property in Phuket, which also becomes, in press releases, its “third property in Asia”. (Well, it’s true, isn’t it?)
Read the rest of this entry »Good news for Phuket property sellers and buyers
After tourism and rubber, property is the third-biggest industry in Phuket, so sellers of homes on the island – who have been looking at blank order books thanks to the global financial crisis and the Red Shirt violence in Bangkok – will be happy to know that Thailand’s ranking for the transparency of its real estate market has improved, giving buyers increased confidence.
Read the rest of this entry »Bright green lights for Indochine Phuket’s Michael Ma
Michael Ma’s getting pretty fit these days. It’s all that climbing up and down steps at his latest acquisition, the hillside Indochine Resort in Phuket, formerly the troubled Villa Santi property development.
Read the rest of this entry »Thin pickings in property awards
Phuket usually grabs a stack of silverware in the Asia Pacific section of the annual International Property Awards. But this year, possibly in the aftermath of the Global Financial Crisis, entries from the island were thin on the ground, and just two Phuket entrants won their classes.
Read the rest of this entry »Andara Resort sets new standards
The grand Andara Resort has now opened on Millionaires’ Mile in Kamala, following a well-established model whereby developers build villas and apartments, sell them, and then – when the owners are not in residence – rent them out by the night to tourists.
Read the rest of this entry »




