Real estate in Phuket continues to be highly sought

Over the past year, about 10,000 real estate units have been sold in Phuket, totalling 90 billion baht or an average of nine million baht per unit. — Bloomberg

PHUKET: Sopon Pornchokchai of the Thai Real Estate Research and Valuation Centre, Agency for Real Estate Affairs Co Ltd ( AREA), lamented that it is becoming increasingly difficult to find land in Phuket due to the ever-rising cost of land.

Pornchokchai was speaking at a seminar titled “Investment Opportunities in Phuket Real Estate – Latest Market Trends” held on June 14 at a hotel on the resort island.