TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Bill Barnett's Property Watch Column Comes To An End

Category: , Posted:17 Oct 2014 | 09:38 am

The older I get, the more the concept of time simply seems to accelerate at a fast and furious pace. Does all that caffeine I'm drinking bring me closer to the end of days, or did someone mysteriously pump up the pace?
Over the past seven and a half years I have written this property column, I've witnessed the world around me change. Who could have known those three letters "GFC" would be the shot heard around the globe. Phuket's real-estate fortunes have likewise shifted through cycles marketed by all those "B's" – booms, busts and, at times, the bizarre. Hoping on Fortuna's property wheel has never been dull.
Granted, in the last few years my eyes have strayed far and wide in reporting on the island's property – taking on other destinations, trends – and even the odd piece of storytelling here and there. I've learned over the years that writing a column gives you the opportunity to reach out to readers and let them know what makes you tick – and yes – relay those dark, often searching, questions that elude us. At the end of the day, it's like a naked lunch, displaying the goods for all to see.
But the time has come to pass the column over to new ideas, new blood and different views. I remain of the opinion that Phuket is absolutely the best place in the world to live. In its imperfection is beauty, humanity and a pace of life which is coveted. Yes, the island has changed, as has the country, but at the end of the day, find me a corner of the world that hasn't.
For Phuket's hospitality and property trade it's all too easy to view the bad, the ugly, and forget about the good. Today as you drive from north to south, east to west, there remain real estate options for all buyers, from entry level to the ultra rich. A secondary market and rentals exist in great abundance – and a once infant-terrible has grown into adulthood. With the coming of age – as we all know – comes an entirely new set of problems and rewards.
Property remains a strong component of our island and is increasingly important in attracting new buyers to Phuket, either to come and live, or to invest. Its economic significance is important to the population given the jobs and overflow to the expanded goods and services sector. Putting a roof over people's heads is an aspiration mankind has had since coming out of the cave, and there has never been a better selection of housing than right now.
Over time, I've also seen investments lost and projects going bust. To this day, I receive heartbreaking letters from those who have parted with their hard-earned money and have no hope of clawing it back, even at a few cents on the dollar. Life's tragedies are no more evident than in the business world, and Phuket is not immune to this.
To close things out, I hope I have given some insight, some much needed humor, intelligent thought and ideas through this column over the many years that my contributions have stacked up. Yes, the journey often has gone sideways and into strange lands of whimsy, but at the end of our trip, I hope you have learned a little bit more about Phuket – and perhaps a little more about me than you really wanted to know.
I remain optimistic about Fortuna's next turn of the wheel here in Phuket's real estate market. Thank you for being a part of my world these past years. I will still be appearing in the Gazette from time to time, so you won't be able to get rid of me that easily. Thanks for reading Property Watch and stay tuned for the next exciting chapter.

Other News

Read more

Vietnam Tourism Voices  – The Tiger Roars Back

Category: Tourism, Posted:24 Sep 2021 | 13:40 pm Next Tuesday join C9 Hotelworks and Delivering Asia Communications for an in-depth look at Vietnam’s return of the international marketplace. Vietnam’s tourism and hotel market is focused an upcoming ‘Sandbox-style’ reopening for international travel. With the Vietnamese resort island of Phu Quoc taking center stage in a proof of concept, the hospitality industry in this […]
Read more

Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]