With tourism numbers surging, Phuket International Airport is expecting a record four million passenger arrivals for the year 2011. As arrivals to Asia’s leading resort destination in the first half of the year increased 20% over the same period in 2010 and an unprecedented number of new hotel rooms opened, sagging infrastructure is creating a [...]
Phuket expats can pat themselves squarely on the back. So for that matter can all of Phuket’s residents. A report on the esteemed Wall Street Journal’s site, quoting the highly-regarded HSBC bank Expat Explorer annual survey, rates Thailand as the best place in the world for expats to live. And as the expats on Phuket [...]
The market of residential property in Phuket should continue to improve in line with the global economic recovery given no new political turmoil, according to a new research. It is believed that political stability will reinforce consumer confidence, not only for Phuket property for sale but for Thailand as a whole. The study said the [...]
BIS Headmaster Dr George A Hickman (left) receives the award from PM Abhisit Vejjajiva. The British International School Phuket (BIS) has triumphed as the “Best Provider of International Education for 2010” in the Prime Minister’s Export Awards. Collecting the prize in person from PM Abhisit Vejjajiva at Government House in Bangkok last week was BIS [...]
Foreign investors find Phuket a lucrative spot in which to do business due to its international appeal as a beach destination, its eye-catching natural beauty and year-round tropical climate, says Allan Zeman, owner of the five-star Andara Resort & Villas which opened on the island earlier this year. Zeman, a property developer with over four [...]
Prices of prime Phuket property are amongst the cheapest of the world’s most popular international homes market according to a new report. The International Residential Report published by Chesterton Humberts discovered the price of new homes for sale in Phuket were 3,500 Euro (4,460 USD) per sqm. Prices for similar homes in Singapore were recorded [...]
The number of people arriving and departing through Phuket International Airport shows a marked year-on-year increase for July, with total passenger numbers up by 17.47 percent. International travelers led the way, increasing to 224,361 arrivals and departures, up 47.15 percent. The total jumped above the half-million mark, to 507,698. Domestic travel, though, was virtually static, [...]
Q4 2009 saw a continued recovery in the Phuket property market. Sales of resort property improved but were still at low levels and mainly concentrated in a limited number of projects. The level of built but unsold inventory of completed condominium and villa units is low. Prices for built property have remained relatively stable with [...]
The Thai market has historically shown it can weather crises without damage to investors. The ‘Red Shirt Protests’ that turned parts of Bangkok’s shopping and financial district into a barricaded fortress for more than 2 months is unlikely to lead to dramatic drops in property values, although some people have deferred buying decisions for the [...]
While Thailand’s tourism recovers from political demonstrations in the capital Bangkok and some northern provinces, which saw governments advising their citizens not to travel to Thailand, the paradise island of Phuket, 900 km south of Bangkok, has received a major accolade. Phuket was voted ‘Best Asian Maritime Capital’ in the annual Asian Boating Awards 2010 [...]
