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Government Holds Off Property Cooling Measures

Category: Real estate, Posted:04 Feb 2013 | 06:00 am

While Hong Kong and Singapore have proactively instituted actions to cool down their overheating property markets, Thailand's government looks to stay on the sidelines.
According to industry reports there 80,000 residential units were sold in 2013. The Nation newspaper has reported that inventory of existing products at year-end exceeded 100,000 units.
Listed developers are saying that the outlook for 2013 is robust with end users and not speculators dominating the transaction market.
Debt to equity ratio's for the basket of leading real estate firms remains under two times, as developers are strongly lobbying this as a healthy underlying fundamental.
Arguably over the past 18 months Phuket has seen a rise in low-cost condos, which have swept up by buyers looking to cash in on the domestic housing boom.

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UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
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Noku Hotels Open Fourth Hotel, This Time It’s Phuket

Category: Hotels, Posted:10 Sep 2022 | 21:07 pm Boutique hotel group Noku has opened its fourth property, with Phuket as its latest destination. The Noku Phuket features 91 villas and lofts, overlooking Chalong Bay. Its sustainable design has earned it a Green Mark Gold Award. The group also operates properties in Maldives, Kyoto, and Osaka. Noku Hotels was founded by  Chris Teo of […]
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Radisson Re-Enters Phuket Hotel Market

Category: Hotels|Real estate, Posted:10 Sep 2022 | 13:49 pm Global brand Radisson has returned to Phuket with a 179-key property in Kamala, owned by the Destination Group. The Radisson Resort and Suites Phuket is a conversion of the former Swissotel, which had been managed by ACCOR. It is an all-suite property with one, two and three bedroom units. Nearby the hotel, the large-scale tourism […]
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