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Posted: 19 Oct 2013 | 2:51 pm
The developer behind the successful luxury resort and villa project Sri Panwa has two more Greater Phuket projects in the pipeline.
According to an interview in the Bangkok Post, Thai-listed firm Charn Issara are planning a second Phuket resort with thirty pool villas at a project cost estimated atTHB500 million.
It will be located near to the existing resort in Cape Panwa on a 5 rai parcel of land.
A second offering is in the works just over the Sarasin Bridge in Phang Nga. Set in Natai near to a number of multi-million dollar villas which is often compared to a seaside Hamptons enclave will be a larger upscale mixed-use development.
Here with a project cost in excess of THB1 billion will be two ultra villas on the ocean, eighteen pool villas and a resort.
Earlier this year Charn Issara sold the Sri Panwa resort in
to a Thai property fund, which has enabled the group to raise liquidity for expansion.
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