Phuket Real Estate Investment Surges Amid Global Conflicts
Investment in Phuket real estate is surging due to global conflicts, attracting buyers from across the world. Notable developers are increasing project quality and competitiveness. Despite market competition, Banyan Tree Group leverages long-term development strategies and extensive land resources, focusing on luxury real estate and attracting affluent global and domestic clients.
Global conflicts and geopolitical issues are driving Western investors to the East, notably Phuket, Thailand.
Real estate sales in Phuket have doubled, with major developers like Sansiri, AssetWise, and Supalai joining Russian firms in the market.
Ho Kwon Ping, founder of the Banyan Tree Group, highlights the island's increasing competitiveness and the rise in project quality.
Banyan Tree Group, with its extensive land resources, is set for long-term development.
The luxury market, less competitive compared to mid-range, attracts wealthy clients worldwide, including from Uzbekistan, Kyrgyzstan, and India, with direct flights from 67 cities.
Post-pandemic, affluent Thais have driven up domestic tourism, significantly boosting Phuket's real estate sector.
With 3,000 rai of land developed, Laguna Phuket is expanding rapidly, though infrastructure, especially traffic, needs urgent improvement to support growth.
Ho suggests Phuket be designated as a special administrative area for better management.
Real estate sales in Phuket have doubled, with major developers like Sansiri, AssetWise, and Supalai joining Russian firms in the market.
Ho Kwon Ping, founder of the Banyan Tree Group, highlights the island's increasing competitiveness and the rise in project quality.
Banyan Tree Group, with its extensive land resources, is set for long-term development.
The luxury market, less competitive compared to mid-range, attracts wealthy clients worldwide, including from Uzbekistan, Kyrgyzstan, and India, with direct flights from 67 cities.
Post-pandemic, affluent Thais have driven up domestic tourism, significantly boosting Phuket's real estate sector.
With 3,000 rai of land developed, Laguna Phuket is expanding rapidly, though infrastructure, especially traffic, needs urgent improvement to support growth.
Ho suggests Phuket be designated as a special administrative area for better management.
