Although the past few months have been reasonably quiet in terms of sales, mainly due to the political unrest and the aftermath of the protests in Bangkok last April and May and the fragile global recovery of the world economy, the Phuket property market has seen some strong recovery over the past 6–8 weeks. Enquiries [...]
In line with the global economic recovery, also the market of Phuket property for sale has shown signs of improvement, according to a new research. If there is no political turmoil, the market should continue to improve, the research also revealed. Although the market was slow in the second quarter due to the political situation, [...]
Some properties on Phuket have been sold at increased prices in the belief that the island-wide 80-metre limit on building will expire on September 30, the head of Phuket’s Natural Resources and Environment Department has revealed. However, regulations from October 1 will retain the limit on building above 80 meters on Phuket. The regulations are [...]
The Phuket Natural Resources and Environmental office has confirmed that tighter controls on building on hillside land in Phuket came into force on July 31, some two months earlier than expected. “After we receive an official letter from the Department of Natural Resources and Environment Policy and Planning Division in Bangkok, we will immediately send [...]
The luxury Ritz-Carlton brand is going to debut in Phang Nga with the signing of Similan Beach, a Ritz-Carlton Reserve. Located just north of Tha Sai, the upscale villa resort which will consist of 79 villas is scheduled to open by the fourth quarter of 2011. The site was previously owned by ‘Kingdom Hotel Investment’ [...]