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Mickey Mouse Condo Market Booming

Category: Real estate, Posted:26 May 2010 | 06:00 am

Be it Phuket, Bangkok, or Singapore the Asian urban train of 'smaller is better' condos is plunging full steam ahead. Combine small floor areas from 20 to 50 square meters, tall buildings with critical mass and this equates to low entry point property units in what is being called the “Mickey Mouse” market.
In Bangkok, a growing trend is to see these built in proximity to the MTR and BTS network; while in Phuket city (or town, depending on your preference) a growing number of units coming in at THB 2-3 million mark are rapidly coming up.
In Singapore the market is seeing similar traction, as a increasing preference for CBD locations and younger buyers who are mostly single are fueling the growth.

Other News

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C9 Hotelworks Releases New Phuket Hotel Market Update Report

Category: Hotels|Tourism, Posted:16 Mar 2023 | 00:29 am According to C9 Hotelworks new Phuket Hotel Market Update 2023, the resort island’s tourism recovery has accelerated over the past six months. With the removal of Thailand’s pandemic travel restrictions in 2022, airlift quickly ramped up as India and Malaysia were key early source markets. Over the current winter season aside from the return of […]
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Destination Ink Radisson For Patong Hotel

Category: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]
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Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

Category: Hotels, Posted:03 Mar 2023 | 07:35 am One of Phuket’s largest hotels, the 662-room Hilton Phuket Arcadia Resort has been reflagged under ACCOR’s Pullman brand. The hotel, which will be named Pullman Phuket Arcadia Karon Beach Resort will operate as a Pullman effectively in April of this year, and a staggered 24-month refurbishment program undertaken. With this addition, there will be three […]
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