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Sansiri Investing THB2 Billion Into Phuket Resico Projects

Category: Real estate, Posted:23 Jan 2012 | 10:54 am

Listed Thai development firm Sansiri remains confident in a surging island domestic real estate market with the announcement of 3 new projects in Phuket.
The second dCondo Phuket Patong will have 663 units priced just under the magic one million baht waterline. Located on a plot of 5.2 rai with eight stories the unit sizes start at a Spartan 28 square meters.
It appears size does matter in the current housing segment be it Bangkok, Phuket or Pattaya.
An opening sales event has been set for January 27-29, the promo offers monthly installments of THB999.
Entry level condos remain space sensitive and the trend is to see a continued downsizing with some projects touching on the 20 square meter prototype.
In the capital city the BTS line (skytrain) remains a key driver of demand, but in Phuket pressure points on land pricing are virtually rewriting the map with inland properties in underdeveloped areas not making strong headway.
Slated for a February roll out will be two more Sansiri residential housing developments – Habitown and Habitia.
Last year's four hour sell out of the first dCondo with 556 units was our property event of the year.

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Video Sessions From Thailand Tourism Forum 2025

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Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]
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