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Strong demand for luxury residential properties in Phuket has driven the resale price up 100 per cent between 2004 and now, Surin Hill Development’s deputy managing director Wanwipa Horbut said.
After spending three billion baht in the eastern resort market over the past three years, the Thai-Swedish developer GlenAsia plans to spend at least 800 million baht
Scandinavian investors are expected to invest up to Bt16.2 billion in residential developments in ThailandScandinavian investors are expected to invest up to Bt16.2 billion in residential developments in Thailand this year and the next. This money will flow into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand).
The real estate tycoon from Norway, Arne Hvidsten, has a dream. He’s building extraordinary holiday apartments at Jomtien Beach and wants it to be the most amazing holiday resort in Thailand. And on top of it he hopes it will become a luxury colony for Scandinavians.