Luxury Houses Spring Up Again In Phuket

[george]

Luxury houses spring up again in Phuket

PHUKET: -- The December tsunami may have made visitors to Thailand's southern resort island of Phuket wary of further natural disasters, but property developers on the island are indicating their confidence in its future by erecting several new luxury houses.

According to Mr. Thanusak Phuendech, executive director of Phuket Nature Homes, demand for homes costing Bt5-10 million remains high, with both foreign and Thai customers eyeing up the high end of the property market.

Phuket Nature Homes is currently investing Bt300 million in a housing project in tambon Chalong, and 30 percent of the project’s houses have been snapped up already.

Although Phuket was battered by the tsunami on 26 December, most of the damage occurred in coastal areas.

--TNA 2005-04-11

[RDN]

....Although Phuket was battered by the tsunami on 26 December, most of the damage occurred in coastal areas.

<{POST_SNAPBACK}>

This reporter is a genius. He should be working for... the TNA.

Can he please show us ANY tsunami damage that was somewhere other than in the coastal area?