TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Amari Residences Patong Launching First Quarter

Category: Real estate, Posted:29 Dec 2012 | 09:33 am

Phuket's property sector is seeing as rise in new products, and one we are closely watching is the new Amari Residences in Patong.
Located adjacent to the Amari Coral Beach resort, the development will have 148 apartments and 12 villas.
A public launch is expected in the first quarter of 2013 with CBRE Thailand handling project sales and marketing.
Ownership is on a leasehold basis, unlike the Amari branded product which was sold in Hua Hin on a condominium structure.
Pricing has yet to be finalized but it's expected to be significantly higher than the recent Laguna Shores offering in Bangtao.
With a lease offering and geared towards investment buyers on hotel yields, the apartments are highly segmented into the foreign marketplace.
The industry will be closely watching the offering to see how receptive sales pace will be to the offering.
It's not been finalized yet whether unit owners must enter a rental pool or will have an option.
For the Amari Coral Beach the inventory and new product will boost the hotel's trading prospects.

Other News

Read more

Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
Read more

C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
Read more

SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]