The source for all Tourism, Hotel and Real Estate news in Phuket.

EXCLUSIVE Patong THB 750 Million Absolute Hotel Project Launched

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

Posted: 17 Mar 2010 | 4:09 pm

Speaking to Bryan Lunt, Chairman of the Absolute Group, thephuketinsider in an exclusive has learned of the launch of Absolute Twin Sands Spa and Resort on Tri Trang Beach Patong.

With an investment of THB 750 million, the residential led hospitality project is located on a 7 rai site. Phase one is comprised of 48 studio, one and two bedroom unit,s and the a second phase with 54 units. Pricing points are THB 4.8 to 14.5 million.

Project completion will be in 24 months and units sold on a freehold or lease basis, along with fractional opportunities. The group which is one of Phuket's largest hospitality run operations opened both Absolute Bangla Suites and Absolute Nakalay Beach Resort recently.

DO YOU LIKE THIS?

I believe the feedback is misleading; the developers are in fact A.Plan properties (who also developed Nakalay Beach resort/condo)NOT Absolute who only ever developed one property themselves; the Bangla suites.

Bill Barnett responds:
Thanks for clarification.

Ian, 23 Mar 2010 | 3:02 pm

That's a lot of units for a 7 rai site....
Bill Barnett responds:
Hi considering resort apartments you can usually mass these at 10-20 units a rai. Beach land is valuable so need to keep the financial model ticking.

Peter Griffin, 23 Mar 2010 | 1:02 pm

Insider up to the Minute

Cool Hunting - On the Web

Too cool for school Patong boutique hotel Ella
www.theellagroup.org

Burned out on TripAdvisor, check out gogobot
www.gogobot.com

Fast growing online restaurant review site
www.zomato.com

PHUKET WEATHER

The Green Report

A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:

Vietnamese Green Architect Hits Limelight

Vietnam's Vo Trong Nghia is continuing to attract worldwide attention over unique sustainable design.

They Call It Parklet

Now here is a newly coined term on the environmental horizon - Parklet.