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Posted: 28 Apr 2012 | 9:24 am
News that Bill Heinecke's Minor Property Group have transacted a multi million dollar villa at The Estates Samui has re-ignited interest in the sector.
Part of the Four Season's integrated resort, the buyer of the villa was a Thai national.
This news comes after two sales and purchase agreements have been recently signed at the upscale W Retreat Residences.
Speaking to sales staff at both properties, there potentially are other deals in the pipeline that could close over the next few months.
Signs of life at the top end of the market is encouraging for a destination which has seen flat trading after the global financial crisis.
Spending some time on the island over the past few months, a number of developers are now relooking at restarting hotel and premium property projects again.
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:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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