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Phuket perks up

SETTING THE STANDARD: Above, MontAzure is a luxury development on a 75-rai hillside plot on Kamala Beach. Below, Crest Resort & Pool Villas is an eco-friendly resort. Photos: Bangkok Post Archive

As reflected by increased construction activity, prospects in the Phuket real estate industry look promising. While demand in the holiday home market has seen signs of recovery, multiple infrastructure projects that have been developed will facilitate growth in tourism, the main driver of the southern island's economy. All these bode well for the different property sectors on Phuket.

HOLIDAY HOMES

Observations by JLL show several residential projects being developed in Phuket. These include the third phase of Twin Sands developed by A Plan Property in Tri Trang, which is located opposite the brand-new Rosewood Hotel. Twin Palm Residences by MontAzure at Kamala is another project where construction is well under way, with services to be provided by Twin Palms once completed. Diamond Condominium in Bangtao, close to Laguna, is another new development.

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