The government plans to host an Asian leaders’ summit in Phuket in June, after red shirt protesters forced the recent cancellation of the Pattaya conference. Prime Minister Abhisit Vejjajiva said the Foreign Ministry was considering Phuket as the venue for the meeting between Asean leaders and dialogue partners from China, South Korea, Japan, Australia, New [...]
The discussion about the value of Real estate in Phuket has been going on for a few years already. Some found it to be overpriced already some years ago and expected ‘the bubble’ to burst at any given time whilst other found that they could have a real nice property here for not even a [...]
The Government Housing Bank’s Real Estate Information Center (REIC) recently confirmed that demand for residential projects in Phuket has seen a slight drop due to the global economic downturn.According to a survey they recently performed, residential projects ready for sale in Phuket now numbered 139, or 12,334 units REIC Director General Samma Kitsin said at [...]
