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Posted: 08 Feb 2014 | 6:00 am
In the north of Thailand a Singapore fund Terrasia is partnering with Thai firm Srangdee Development for a villa project in Chiang Mai.
The THB200 million project will see individual villas priced at THB10 million.
According to the report authored by Andrew Batt the private fund is composed in individual Singapore investors.
Chiang Mai is seeing an uplift in their property market given the sharp rise in tourism and direct air access.
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:
Koh Phi Phi's Zeavola resort has won a five-star award in the sustainable hotel in Thailand category.
A wide-spread public outcry over a proposed coal-fired power plant in nearby Krabi has seen the project's environmental permit denied.
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