TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Minor To Develop Phuket Luxury Residences

Category: Real estate, Posted:21 Nov 2012 | 09:51 am

The Minor Hotel Group is planning to develop between 17 to 20 hotel branded luxury residences in Phuket priced at USD3-5 million according to a report from Bualuang Securities.
These will be adjacent to the new Anantara resort at the Northern end of Bangtao Bay (formerly Bundarika Villas & Suites), which was acquired by the group earlier this year.
A hotel launch is planned in 2013 after an extensive upgrade , and Minor is expecting residential sales revenue to commence in 2014.
Minor's total investment in the project is reportedly expected to reach THB3 billon (over USD95 million).
While another Thai listed firm Laguna Hotels and Resorts (LRH) has rolled out a new phase of Deluxe Townhouse and Residences back of increased demand.
It's understood the company will also be announcing its lifestyle condominium project near to the Dusit Laguna and new Outrigger (formerly Laguna Beach Resort) hotels in mid December. Pricing points and unit sizes have shifted to lower pricing points and space given a realignment to the Asian market.
In a nutshell, for Phuket's current resort grade real estate market, the focus seems to be either go high or low.

Other News

Read more

Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
Read more

Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]