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Sri Panwa New Launch Captures Luxury Villa Opportunity

Category: Real estate, Posted:19 Nov 2009 | 10:32 am

Thai listed Charn Issara has announced the launch of seven new units in Phase 4 at luxury development Sri Panwa. Priced from US$6 million and above; in a move signaling a strategic opportunity in the currently dwindling luxury villa market for the island. During the current challenging economic and political climate there has been a significant lack of upscale property launches this year and demand has been driven into the resale market.
There was an increase in the hotel private pool villas last December with 23 units in 1 and 2 bedroom configurations which were retained by the developer and operated as part of the exiting hotel. The hotel now operates 41 pool villas as a resort operation along with a residential estate.

Other News

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C9 Hotelworks Releases Mid-Year Phuket Hotel Market 2023

Category: Hotels|Tourism, Posted:10 Sep 2023 | 15:42 pm In the first half of 2023, Phuket experienced a resurgence, signaling a promising path toward recovery. International and domestic flights both saw significant increases, accounting for 75% of the total flights in 2022. Airlines and travelers alike are eager to reengage with Phuket’s offerings. In terms of passenger arrivals, the first half of 2023 displayed […]
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The Green Minute – PHIST 2023

Category: Hotels, Posted:10 Sep 2023 | 14:11 pm For those of you who missed PHIST 2023 and those of you who did attend, please find a selection of video short Green Minutes from the event. Sustainability has to be a priority for the hotel and travel sectors and hopefully the ideas and messages here, give you your own inspiration to go green. PHIST […]
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TG’s Big Birds Set To Fly Phuket Bangkok Route Again

Category: Tourism, Posted:08 Sep 2023 | 16:14 pm One good indication of Phuket’s return to tourism recovery is airlift growth. Making news this week is Thai Airways International’s reported resumption of service on the high-traffic Phuket Bangkok route. The airline will start a once-daily right on 1st October 2023. Thai Smile (WE) will still operate other flights til the end of November when […]
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