PHUKET LUXURY PROPERTY Amanpuri Phase 2?
In recent weeks the Phuket property market is buzzing over rumor's that an elite developer has acquired a stunning piece of west coast oceanfront property which could be developed into Amanpuri Phase 2. While neither the developer or resort have made any announcements most eyes are on the SET (Stock Exchange of Thailand) for the notice of a substantial transaction.
While speculation remains high, many local brokers and industry player's have consistently commented that the luxury estate will have 16 plots and villas are priced in the multi-million dollar level. More so that deals for the properties have already passed the 90% mark on the private market and a sell-out will result without the need of a market launch.
We wait for confirmation or clarity on the deal, and at this point it remains conjecture. But should the transaction occur, it will be the highest profile transaction on the island ever and certainly ignite global interest in the Phuket luxury real estate market.