• This field is for validation purposes and should be left unchanged.

Standard And Sansiri Team With Central In New Phuket Project

Category: Hotels|Real estate, Posted:29 Jun 2023 | 19:47 pm

Standard International is set to launch two new hotel branded residence projects in Thailand.

In Phuket, a 222-unit Standard branded condominium by Sansiri will be located near Laguna Phuket and Boat Avenue in the Cherngtalay area, located on a land plot that was purchased from Boat Pattana.

According to the Bangkok Post the project is being developed by a Central Group affiliate and will be launched later in the year.

Units will range from one-bedroom units, 55 square meters up to large duplexes.

The mixed-use project will also include a 150-key Peri Hotel which is one of Standard’s brands, along with other lifestyle commercial components.

Sansiri will also develop a 258-unit Standard hotel branded condominium in Hua Hin.

Thai-listed group Sansiri is the major shareholder of the global Standard International hotel group.

On the Thai resort island of  Phuket, the Chergtalay, Laguna, Bangtao area is rapidly attracting institutional real estate investment with Sansiri and Central bringing a new set of property projects to the booming property landscape.

Other News

Read more

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 […]
Read more

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 […]
Read more

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 […]
SiaJai logo

Thailand's Leading Homecare Marketplace