TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Absolute Starts Construction Of Private Residence Club

Category: Real estate, Posted:20 Sep 2011 | 06:00 am

Absolute World have commenced construction to the oceanfront development The Beach in Koh Samui.
Set to operate as a private residence club (PRC) the project is located in Thong Krut.
Design is by the international firm yoo.
With a combination of suites and penthouse units the concept of shared ownership is expect to gain market momentum faster than straight unit sales.
Visiting the island recently I spoke to the sales director at Beach Republic which is one of Samui's most successful property offerings. He said that fractional ownership had continued to retain momentum at a time when full ownership transactions at other developments continued to be challenged.
Private residence clubs are not a new product in the global context but in Asia it's still in its infancy. Hotel groups such as Banyan Tree have successfully launched destination clubs which are similar to PRC's with a good amount of success.

Other News

Read more

Phuket’s Russian Winter Market Airlift Surge

Category: Tourism, Posted:14 Aug 2022 | 19:39 pm Direct airlift between Moscow and Phuket will resume with flights starting from 30th October. National carrier Aeroflot will offer daily service. Currently,  most Russian travelers fly via the Middle East on Emirates, Qatar, or Etihad. Singapore Airlines previously flew direct to Moscow and connected travelers via a number of flights to Phuket, but suspended services […]
Read more

Global Experiential Hospitality Brand Selina Debuts In Southeast Asia

Category: Hotels, Posted:12 Aug 2022 | 18:12 pm One of the fastest-growing hospitality brands in the world Selina, has opened their first Southeast Asia property in Phuket, Thailand. The 52-key Selina Serenity Rawai Phuket is a conversion of what was previously an independently managed property, and prior to that had been operated by Outrigger Hotels and Resorts. Selina’s DNA is based on local […]
Read more

BDMS To Open Medical Wellness Facility At Laguna Phuket

Category: Real estate, Posted:12 Aug 2022 | 10:27 am The Greater Cherngtalay area in Phuket is set to see a new international-standard medical and wellness facility from leading Thai group BDMS (Bangkok Dusit Medical Services). Located in the middle of the integrated resort development of Laguna Phuket at Canal Village, the offering is targeted at both a growing local and expatriate population and overseas […]
SiaJai logo

Thailand's Leading Homecare Marketplace