One of Thailand's most ambitious resort real estate projects, the MahaSamutr in Hua Hin has teamed up with a technology partner.
Pace Development has named Crystal Lagoons Corporation to assist in the creation of a massive clearwater feature lagoon in the project.
Highlighting real estate offerings including a beach club and luxury villas, the lagoon will be the core component .
It's expected that the man-made lagoon will offer a clean and environmentally sound solution in a scaleable model .
So you want to be a millionaire? According to the New York Times a new development in NYC is selling car parking spaces for up to one million dollars.
The coveted parking spaces are priced higher then apartments in the same complex – 42 Crosby Street.
Only 10 spaces are available and interest is strong.
As Phuket continues to become more congested you have to wonder when paid parking slots will enter the mainstream real estate market.
The Phuket Gazette will publish a special 24-page Luxury Living supplement on this coming December featuring real estate.
Plans call for distribution of at the Shanghai Real Estate Expo on December 8th to 10th.
Circulation is targeting 48,000 copies which will be targeted at the Mainland China market.
For more details on the property event <link>http://chinarealestateshow.com/en/*CLICK</link>
According to news in the Bangkok Post, iconic retailer IKEA intends to open a pop-up, pickup store in Phuket in the mid part of 2015.
A pickup shop means customers can order in person in Bangkok or online and have the items delivered straight to the island in a few days.
IKEA conduced market research and found strong demand for the concept in Phuket given it's upscale consumer class.
A location has yet to be confirmed.
Kamala's luxury Paresa resort has named Dawid Koegelenberg to the post of General Manager.
He was formerly Resort Manger at the Six Senses in Koh Samui.
Greater Phuket is no stranger for Koegelenberg who did a stint as Resort Manager at the boutique Sarojin resort in Khao Lak.
One new upcoming initiative for Paresa will be a Bespoke Moments program of tailored experiences for guests.
Two Phuket real estate developments scored big at last night's Thailand Property Awards held in Bangkok.
Point Yamu by Como won Best Villa Development Phuket and Best Hotel Architectural Design Thailand.
Sansiri's Baan Mai Khao topped the Best Condominium Phuket category.
For the CSR award, the Absolute World Group took top honors.
Over 500 people attended the event at the Conrad Bangkok Ballroom.
The Absolute World Groups has appointed Bernard Columba as Head of Human Resources Asia Pacific.
He will be based in Phuket and topping his priority list will be the soon to open property The Beach Samui which is affiliated to Design Hotels.
Prior to joining Absolute Columa headed Human Resources at the Cheval Blanc Maison in the Maldives, which is under LVMH.
His past experience includes postings with Jumeirah, Anantara and Six Senses.
Bangkok's Platinum Group is developing a retail mall in Samui named The Wharf.
An opening is planned by the end of this year, on a 10-rai parcel of land.
In a recent new article in the Bangkok Post Platinum's President Somboon Wongrassamee said the company is planning two new hotels in Samui as well.
One property is upper midscale with 100-key and the second is an upscale pool villa resort.
Further plans call for property related developments in the condominium sector and luxury villas on the horizon.
In Bangkok the group operates the Platinum Fashion Mall and own the Novotel Platinum Hotel.
Over the past decade the issue of forms to the Thai land system has been on the national political agenda.
The NCPO has made public plans to change the land and building tax system.
According to the last draft of the code in 2012, vacant land would be taxed at 2% of assessed value, up to 0.1% for agricultural and residential property and a threshold of 2% for commercial real estate.
Land banking and speculation remain key drivers for the new tax, which remains extremely controversial in both the private and public sectors.
