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RESORT BRANDED RESIDENTIAL Four Season's Chiang Mai Update

Category: Real estate, Posted:29 Mar 2010 | 06:00 am

Phuket is seeing increasing competition in Thailand for branded resort residential with Residences at Four Seasons Resort Chiang Mai active in the market. This phase which is already completed has 5 villas, with 2 already sold. The 4 bedroom units sit on ½ rai plots with 755 square meters of built up space and are sold on either a leasehold or freehold basis. Average prices are THB 150 million.
The Residences condominium which has 24 units only has two remaining priced at approximately THB 64 million. Average unit sizes are off 500 square meters. Looking at real estate sales of 22 condos and 2 villas certainly the combination of the Four Season's brand name and unique luxury offering in Chiang Mai have added traction. Both the architect Lek Bunnag and landscape by Bill Bensley certainly have contributed to the success given their tasteful Thai design sense.
Developer Minor International continued to be active in luxury property with the St. Regis Residences Bangkok about to hit the broader market.

Other News

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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]
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Two Neil’s For Six Senses

Category: Hotels, Posted:03 Oct 2021 | 17:35 pm Veteran Asia-Pacific hotelier Neil Palmer has been named Chief Operating Officer of Six Senses Hotels Resorts Spas. Palmer is best known as a stalwart executive at Starwood Hotels & Resorts. Meanwhile, Neil Jacobs continues in his role as Chief Executive Officer. Former Six Senses COO Guy Heywood has moved to boutique chain Habitas Hotels.