It’s always interesting to listen to ‘outsiders’ who write articles about the Phuket real estate market, especially for us ‘insiders’. There was a recent article in the Bangkok Post named, ‘Property market gushing in Phuket, Songkhla provinces’, which talks about some interesting statistics being bandied around in regards to Phuket property.
The Real Estate Information Center (REIC) reported that in the second half of last year, the total of new Phuket condo launches was 10,412 units, and considering that the yearly average is normally 10,000 for a full 12 months shows massive movement on the Phuket real estate market.
The figures also prove that new condo developments on Phuket are now becoming big business, which is a slight change in the norm. The Phuket property market is famous for its pool villas and high-end properties, but this shows that more diversity is currently enveloping the marketplace.
With the right selection of villas and apartments right across the price ranges, there is something for everyone in Phuket, especially if you are looking for a Phuket condo or apartment. Please click here to see a full list of Phuket condos for sale!