Archive for the ‘Real Estate’ Category

Phuket Houses in 2-3 Million Baht Range in Demand

Posted on March 7th, 2011 by Alastair Carthew

Phuket Houses in 2-3 Million Baht Range in Demand

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.

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Andara and Baan Yamu lead Phuket scorers in Property Awards

Posted on November 15th, 2010 by Alasdair Forbes

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.

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Resorting to Absolute confusion in Phuket

Posted on August 23rd, 2010 by Alasdair Forbes

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.

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Another home for sale in Phuket – at $8m

Posted on July 16th, 2010 by Alasdair Forbes

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.

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Millionaires’ Mile home in Kamala for sale at a cool $7m

Posted on July 12th, 2010 by Alasdair Forbes

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.

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LaTour to manage Grove Gardens

Posted on July 5th, 2010 by Alasdair Forbes

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?)

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Good news for Phuket property sellers and buyers

Posted on June 23rd, 2010 by Alasdair Forbes

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.

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Bright green lights for Indochine Phuket’s Michael Ma

Posted on May 23rd, 2010 by Alasdair Forbes

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.

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Thin pickings in property awards

Posted on April 27th, 2010 by Alasdair Forbes

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.

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Andara Resort sets new standards

Posted on March 24th, 2010 by Alasdair Forbes

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.

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