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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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Hotel White Label, Third Party Operator and Franchise Event

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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]