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Outbreak Of Condomania Feared On Phuket

alanmorison
in Phuket News

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THE Governor of Phuket, Niran Kalayanamit, is concerned that there may already be an oversupply of condominiums on the island, with 60 projects now under construction.

More than 1000 units are being built in Phuket City alone, Khun Niran said.

Most of these are near the Macro cash and carry store, opposite Central Festival, or in the popular restaurant suburb of Samkong, not far from Bangkok Phuket Hospital.

Land Office spokesperson Jareeporn Punaudom said that 20 condominium projects had been approved this year, equal to the total for the whole of 2007.

Rawai, Kata, Karon, Patong Chern Talay and Phuket City were all home to large building sites.

-- Full report at www.phuketwan.com
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