TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Minor To Develop Phuket Luxury Residences

Category: Real estate, Posted:21 Nov 2012 | 09:51 am

The Minor Hotel Group is planning to develop between 17 to 20 hotel branded luxury residences in Phuket priced at USD3-5 million according to a report from Bualuang Securities.
These will be adjacent to the new Anantara resort at the Northern end of Bangtao Bay (formerly Bundarika Villas & Suites), which was acquired by the group earlier this year.
A hotel launch is planned in 2013 after an extensive upgrade , and Minor is expecting residential sales revenue to commence in 2014.
Minor's total investment in the project is reportedly expected to reach THB3 billon (over USD95 million).
While another Thai listed firm Laguna Hotels and Resorts (LRH) has rolled out a new phase of Deluxe Townhouse and Residences back of increased demand.
It's understood the company will also be announcing its lifestyle condominium project near to the Dusit Laguna and new Outrigger (formerly Laguna Beach Resort) hotels in mid December. Pricing points and unit sizes have shifted to lower pricing points and space given a realignment to the Asian market.
In a nutshell, for Phuket's current resort grade real estate market, the focus seems to be either go high or low.

Other News

Read more

From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]
Read more

C9 Session Today On Phuket’s Wellness Sector for Hotels, Tourism and Real estate

Category: Hotels|Real estate|Tourism, Posted:27 Nov 2024 | 07:30 am There is still time to register for today’s C9 Session (Wednesday 27th November 2027, which will be held at the Amora Phuket Resort Bangtao. How is Longevity and a health-focused lifestyle changing the face of the wellness industry? Join us for a unique 90-minute learning session featuring experts from international medical wellness, tourism, resort and real […]
Read more

New Onyx and Equatorial JV Hotel for Kata Phuket

Category: Hotels|Real estate|Tourism, Posted:19 Nov 2024 | 09:27 am A new 180-room branded property, the EQ Phuket has been announced for Kata Beach. The property, which is located next to Club Med, was developed by a joint venture between Thailand’s Onyx Hospitality and Malaysia’s Equatorial Group. Investment into the project is THB2.5 billion (approximately USD72 million). Equatorial Group, a legacy Asian hotel group, has […]
SiaJai logo

Thailand's Leading Homecare Marketplace