Popular Post snoop1130 Posted March 21, 2023 Popular Post Share Posted March 21, 2023 PHOTO: Flickr/Bertrand Duperrin The Phuket Real Estate Association says the island province is enjoying a “golden year” for property sales, as condos and luxury villas are in the ‘boom’ phase of the island’s usual boom-bust cycle. The association’s president, Phattanan Phisutvimol, says property sales have been on the up since Covid-19 began to abate last year. “This year will be the golden year for Phuket’s property market. The boom will continue.” She says sales are now at pre-pandemic levels, with all completed condo and pool villa projects sold out, most of them to foreign buyers. She adds that last year, a total of 823 real estate projects, including hotels, were given the green light for construction to proceed. Full Story: https://phuket-go.com/phuket-news/phuket-news/phuket-enjoying-boom-in-real-estate-sales-with-luxury-villas-condos-sold-out/ -- © Copyright Phuket GO 2023-03-21 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information. 3 Link to comment Share on other sites More sharing options...
Mavideol Posted March 21, 2023 Share Posted March 21, 2023 48 minutes ago, snoop1130 said: The association’s president, Phattanan Phisutvimol, says property sales have been on the up since Covid-19 began to abate last year. would anybody would expect the president of the realtors saying something else..... condos maybe but villas?? how can a foreigner buy a villa since foreigners are not allowed to own the land where the villa is/has been built Link to comment Share on other sites More sharing options...
tomazbodner Posted March 21, 2023 Share Posted March 21, 2023 Ruskies would buy anything to stay away from Putin's draft... 1 1 Link to comment Share on other sites More sharing options...
hotchilli Posted March 21, 2023 Share Posted March 21, 2023 (edited) 13 hours ago, snoop1130 said: The Phuket Real Estate Association says the island province is enjoying a “golden year” for property sales, as condos and luxury villas are in the ‘boom’ phase of the island’s usual boom-bust cycle. The association’s president, Phattanan Phisutvimol, says property sales have been on the up since Covid-19 began to abate last year. Correction since Russia invaded Ukraine and Russians have moved in. Edited March 21, 2023 by hotchilli 1 Link to comment Share on other sites More sharing options...
nobodysfriend Posted March 22, 2023 Share Posted March 22, 2023 (edited) 14 hours ago, snoop1130 said: a total of 823 real estate projects, including hotels, were given the green light for construction to proceed. That's crazy ... Now , Phuket's overpopulation is hard to handle already , more and more of the same will only make things worse ... but some like it crowded ... I do not . Edited March 22, 2023 by nobodysfriend 1 Link to comment Share on other sites More sharing options...
London Lowf Posted March 22, 2023 Share Posted March 22, 2023 20 hours ago, snoop1130 said: She adds that last year, a total of 823 real estate projects, including hotels, were given the green light for construction to proceed. Maybe so, but what about the hundreds of properties that were abandoned during Covid and have been left to rot - including a few major projects in construction that remain at a virtual standstill and yet still with a staffed sales office out front? 1 1 Link to comment Share on other sites More sharing options...
DrDave Posted March 22, 2023 Share Posted March 22, 2023 "...She adds that last year, a total of 823 real estate projects, including hotels, were given the green light for construction to proceed." A total of 823 new projects approved to be built upon an infrastructure that isn't capable of supporting current requirements. Not surprising. Link to comment Share on other sites More sharing options...
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