Laguna Property Tops THB400 Million in Sales

Category: Real estate, Posted:06 Dec 2011 | 12:37 pm

Investor confidence has been on the upswing in Phuket since the peaceful elections were held early this year.
A key sign of this is new data that leading developer Laguna Phuket has secured over THB400 million in sales reservations over the past 6 months.
According to Michael Ayling, Managing Director of Laguna there has been a spike in demand from various geographic source markets.
Buyer selection has be broad ranging from million dollar properties down to entry level type units at the destination resort.Indications over the past four weeks from other developers is that an increasing number of visits are slated for this coming high season.
While reports from local property brokers is that the six months of 2011 is seeing renewed levels of resale transactions despite a sharp rise in listings.
Signs of life in Phuket real estate that despite the Bangkok flooding the wider positive impact of political stability is more a greater demand driver in the market.

Other News

C9 Hotelworks Releases Bangkok Serviced Apartment Market Update

Category: Hotels|Tourism, Posted:08 Mar 2025 | 09:17 am According to C9 Hotelworks new Bangkok Serviced Apartment Market Update 2025 report, operators are seeing a surge in short-term demand, despite a rising influx of expatriates. Bangkok’s serviced apartment market has expanded at a 6.2% compound annual growth rate (CAGR) over the past decade, driven by the expansion of international brands such as The Ascott […]

The C9 Sessions. Property Market Update – Thailand’s Short and Long-Term Rental Market

Category: Hotels|Real estate, Posted:03 Mar 2025 | 16:12 pm The C9 Sessions is headed to Bangkok on Tuesday 11th March 2025. One of the hottest topics out there at the moment is Thailand’s rental market. With a backdrop of surging tourism numbers vacation rentals are in high demand. While on the investment side, longer term letting is becoming an increasingly attractive yield play for […]

Gen Z Is Disrupting Travel: Slow, Smart & Experience-Driven

Category: Hotels|Tourism, Posted:23 Feb 2025 | 05:41 am The way Gen Z travels is reshaping the hospitality and tourism industry. Gone are the days of rigid schedules and whirlwind itineraries—this generation is rewriting the travel playbook, prioritizing slow, meaningful experiences over checklist tourism. The NextGen Thai Travelers 2025 Report, released by C9 Hotelworks in collaboration with Dusit Thani College, reveals how over 600 […]

More Insider News