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Laem Ka Four Seasons Site Taken Off Market

Category: Real estate, Posted:26 Jul 2009 | 09:51 am

One of Phuket's highest profile land parcels, the oceanfront 150 rai Laem Ka site in Rawai which was planned to be a Four Seasons resort has reportedly been taken off the market. The property which was a partnership between the defunct Lehman's financial institution and Singapore listed firm Hotel Properties Limited had considerable interest in the marketplace. While 12-18 months ago land valuations were looking at THB 15-18 million baht per rai for similar sites, it was widely speculated that recent offers were in the range of THB 8-10 million baht range.
Industry watchers have been keenly following the intended transaction due to its significance on effectively resetting land prices. A turn for the better in the global economic situation may be coming into play and investors now looking at a broadening horizon for holding land rather then cutting prices.

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]