Laguna Property Sell 6 Lofts At China Exhibition

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Posted: 22 Nov 2010 | 7:58 am

Phuket's real estate dynamic shift can well be demonstrated by Laguna's 6 off plan sales at a Shanghai property show.

For local businesses China continues to be a lucrative nut to crack and the transaction activity shows there is a market for Phuket property on the mainland.

The six units are at the Lofts which is managed by hotel chain Outrigger Hotels and Resorts. A successful teaming of hotel managed residences at Laguna Village has spurred potential buyer's interest with rental yields on units showing a sharp upswing.

Coming into high season the island's most prolific resort grade developers has also seen sales of a multi-million dollar Banyan Tree unit and a large residential home.

A recent official launch of the new Deluxe Residences with 7 units priced from THB55 million has been well received.

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