One of the few Phuket originated initiatives which have grown into a larger regional event AOCAP (Alternative Ownership Conference Asia Pacific) has been acquired by the respected HICAP organization.
The AOCAP event started on the island in 2009 and over the past few years migrated to the international stage with the 2013 conference being held at the Ritz-Carlton Hong Kong.
No event will be held this year but the new annual pairing will be part of the HICAP Update week in Singapore.
Jim Burba of BHN and one of the HICAP partners has welcomed the move.
Paul Dean who has been a key player in AOCAP will remain onboard for the 2015 event.
Two prime west coast beach front development hotel sites have come on the real estate market in Phuket.
One is located at the northern end of Kamala Beach and is part of a larger master planned integrated resort project.
A combination of two parcels is composed of 4.7 rai directly on the ocean and 17.1 rai across the road, affording prime sea views.
Given the scale of luxury development on Kamala's Millionaires Mile the site is one of the last remaining larger hotel sites on the beach in the area.
At the same time anther land plot of 28 rai located near to the Holiday Inn Mai Khao and Sansiri's Baan Mai Khao is also up for sale.
The northern part of the island nearby already has a considerable amount of upscale critical mass with nearby branded properties such as the JW Marriott, Anantara, Renaissance and Sala.
Jones Lang LaSalle Hotels which has changed names to JLL is brokering both.
Interested parties can contact – [email protected]
The 2014 Forbes magazine Billonaires list is out and eleven Thai's have managed to make the grade.
They are –
Dhanin Chearavanont – US$11.4 billion (S$14.5 billion)
Charoen Sirivadhanabhakdi – US$9 billion
Vanich Chaiyawan – US$3.65 billion
Krit Ratanarak – US$2.8 billion
Prasert Prasarttong-Osoth – US$1.75 billion
Thaksin Shinawatra & family – US$1.6 billion
Vichai Srivaddhanaprabha – US$1.5 billion
Keeree Kanjanapas – US$ 1.35 billion
Surin Upatkoon -US$1.3 billion
Thongma Vijitpongpun US$1.15 billion
Aloke Lohia US$1.1 billion
Please note the are billions of dollars and not Thai baht.
A second phase offering of three ocean view duplex's at The Natai are now on sale.
Exclusively marketed by Indigo Real Estate the two bedroom units each have a private pool and access to the beach.
The Natai is located just over the Sarasin bridge along one of the area's most scenic beach stretches.
Pricing is set at THB23 million.
As political tensions continue to create uncertainly in Bangkok, many listed developers are turning their focus to other markets.
Here in Phuket, Pruska Real Estate has seen a sustained drive of new projects, especially in the single home sector.
Two new recent launches were the 152-home Passorn Kratoo-Patong and 231-home Plant Kratoo-Patong.
Pricing points start at the THB3 million level. Expect more launches from mid tier developers such as Supalai, Pruska and others for the remainder of the year.
Laguna Phuket's popular hospitality-led residential offering has found a second home in Bintan Indonesia.
The Laguna Shores Bintan development which was recently launched is following the trend toward smaller investment oriented units. Sizing starts at 35 square meters.
Located in a master planned estate near to Singapore which includes an existing Banyan Tree resort, an Angsana and an 18 hole golf course, the project is expected to complete in 2016.
Speaking to Stuart Reading of Laguna Property, he said a recent private launch held at the Hilton hotel in Singapore saw strong results with 24 Bintan units reserved and 11 for Phuket.
Also on the property front the Angsana Teluk Bahang Penang resort has been announced with 150 residential units being marketed in Malaysia and abroad.
Expect Banyan Tree to announce a third hotel brand to cover the Laguna Shores concept soon.
I recently read an article in the the Bangkok Post about a new retirement slanted property development in nearby Pattaya.
The Long Lake Hillside Resort has dedicated 36 villas that will offer both assisted and independent living options.
The company, Absolute Living Thailand (not affiliated to the vacation ownership group nor hotel chain's with the same name) is targeting both Thai's and foreign guests.
Key components of the offering are full facilities including meals, and activities for seniors.
Over the years a number of property firms here in Phuket have looked similar offerings but any large scale development has yet to take root.
It's official, property firm Jones Lang LaSalle has becoming the much shorter, much easier JLL.
Most everyone in the real estate sector already uses the abbreviated version anyway.
A new corporate logo has been introduced globally by the group.
It will take an estimated two years to fully integrate the new identity across a very expansive space.
Next week the Maison & Objet design showcase comes to Asia.
Set to run from March 10th to 13th at the Marina Bay Sands, the tradeshow will be of interest to hotel, restaurant and residential decorators and designers.
One exhibitor that has caught our eye is Escape Nomade from Indonesia who specialize in luxury tented camps.
For more details <link>http://www.maison-objet.com/en/asia*CLICK</link>
