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BREAKING NEWS Luxury Ritz-Carlton Set to Rise in Phang Nga

Category: Hotels, Posted:07 Aug 2009 | 15:16 pm

The vaunted luxury Ritz-Carlton brand is set to debut in Phang Nga with the signing of Similan Beach, a Ritz-Carlton Reserve. Located in Bo Dan, just north of Tha Sai, the 79 key upscale villa resort will open by the fourth quarter of 2011. Developed by an institutional private equity firm, the site was previously owned by Kingdom Hotel Investments and had been earmarked for a Raffles managed product.
Phang Nga has seen a large scale high end residential explosion over the past few years with million dollar villas rising on Natai beach where unlike Phuket island itself ocean front property has been available though prices have skyrocketed. With access just over the Sarasin bridge the resort areas under development have good road infrastructure and door to door travel time to Phuket International Airport (PIA). Aside from the Ritz-Carlton project Hong Kong tycoon Richard Li acquired the Thai Muang 1000 rai golf course site and is reported to be developing a large scale mixed use resort.

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]