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Samui Branded Luxury Villa Transaction Stirs Market

Category: Real estate, Posted:28 Apr 2012 | 09:24 am

News that Bill Heinecke's Minor Property Group have transacted a multi million dollar villa at The Estates Samui has re-ignited interest in the sector.
Part of the Four Season's integrated resort, the buyer of the villa was a Thai national.
This news comes after two sales and purchase agreements have been recently signed at the upscale W Retreat Residences.
Speaking to sales staff at both properties, there potentially are other deals in the pipeline that could close over the next few months.
Signs of life at the top end of the market is encouraging for a destination which has seen flat trading after the global financial crisis.
Spending some time on the island over the past few months, a number of developers are now relooking at restarting hotel and premium property projects again.

Other News

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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 […]
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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 […]
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The Thaiger Digital Summit – Seven Thai Tech Start-Ups Speak Out

Category: Real estate, Posted:11 Sep 2021 | 10:02 am Disrupt or Die. Tune in to a full-tilt, one-hour online event led by The Thaiger’s Co-Founder and leading digital entrepreneur Michael Kenner. On the virtual stage will be fast-paced conversations with seven amazing start-up disruptors who are set to change Thailand’s online space. From super apps, the sharing economy, big data, to taking business off […]