From The Andaman News
The prospect of property development in Phuket is reported to be steadily growing, especially in the low and middle markets. The statement was made by the vice chairman of the Real Estate Club of Phuket, Thanusak Pueng-detch, during a seminar on outlook for construction material in southern Thailand hosted by the Siam Commercial Bank in Phuket. He is also optimistic about the demand in construction material for the region, citing Khao Lak in Phang-Nga’s prosperous market. Mr Thanusak detailed the property markets in Phuket, saying that the 10 – 500 million baht properties are bought by foreign buyers, while the middle market stays at the 3-5 million baht properties, while 1-2 million baht houses usually attract Thai clients.
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