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PROPERTY UPDATE The Explorer Phuket Cherngtalay

Category: Real estate, Posted:14 May 2010 | 06:00 am

Drivers into Laguna have been asking about the site development activity at The Explorer Phuket project in Cherngtalay. We spoke to the developer who updated us that the first phase of the project, 29 commercial shop house units which are now priced at THB 15 million are nearly sold out. Only 3 units remain. Construction is expected to commence within this year.
For the next phases of pool villa and condominiums, these are still in the design and pricing phase. While there has been some speculation about a hotel within the development, there are no plans at the present.

Other News

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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
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