The government should see Phuket’s tourism and property slump as a chance to improve the island’s infrastructure as well as restore foreigners’ confidence, hit by the closure of Phuket’s airport by protesters late last year, say local developers. Continue reading
On 3rd February 2009 an article appeared in Property Report Asia which claimed Phuket property experts were saying that Phuket residential real estate is overpriced.
It transpired, on reading the article, that there was little substance for this apart from the comments made by one estate agent. As it was obvious that this article had been badly researched and lacked any
substantial evidence we decided to launch our own investigation into the status of the Phuket property market. Continue reading