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

Registration Open For Asia’s Sustainable Hospitality Learning Event PHIST 2024

Category: Hotels|Tourism, Posted:04 Jul 2024 | 15:41 pm PHIST (Phuket Hotels for Islands Sustaining Tourism), Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, will return to spark conversation and drive the green agenda this September, with an impressive line-up of key figures and industry innovators led by Peng Sum Choe, CEO of Pan Pacific Hotels Group. Led by the Phuket […]

Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]

Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]

More Insider News