Thailand’s real estate booms with Sudara Residences Phuket, offering luxury and prime beachfront views, set to complete in 2027.
The rising trend of long-term visitors and lifestyle investors is transforming Thailand’s real estate sector, with an uptick in the demand for resort-style condos and branded homes. Investors from Thailand, Singapore, and Hong Kong are notably active, attracted by the luxurious lifestyle, potential rental returns, and overall affordability.
One notable development tapping into this trend is Sudara Residences Phuket by Hong Kong’s Lan Kwai Fong Group. This residential initiative builds on the success of their high-end Andara Resort & Villas and marks their reentry into Phuket’s vibrant real estate market. Situated in the coveted Bangtao Beach area, Sudara Residences will feature 220 high-end units managed by Andara’s seasoned hospitality team, with completion slated for 2027.
Thailand’s Property Market: Fueling Economic Growth
Across Thailand, the property market is booming, particularly in five key regions:
- Bangkok is thriving with a strong demand for high-rise condos and serviced apartments, driven by expatriates and corporate investments.
- Phuket remains a top choice for long-stay tourists and international buyers, with popular areas including Bangtao, Kamala, and Patong.
- Chiang Mai is becoming a favorite for digital nomads and retirees, with an increased interest in boutique residences and serviced apartments.
- Pattaya continues to attract holiday home investors, supported by new infrastructure and growing tourism.
- Samui & Phang Nga are drawing affluent buyers to their emerging markets of luxury beachfront villas.
This surge in real estate activity is significantly boosting Thailand’s GDP, as foreign investments make a substantial economic contribution. A key appeal for international buyers is the cost advantage; for instance, a lavish five-bedroom pool villa in Phuket is priced similarly to a modest two-bedroom condo in Singapore, with other living costs like international schooling and luxury cars also being more affordable.
Investment Outlook for 2025
With Thailand positioned as one of Asia’s top economies, the appetite for lifestyle-oriented investments is poised to grow. Lan Kwai Fong Group’s Sudara Residences exemplifies this ongoing trend, offering a chance to invest in prime Phuket beachfront real estate complete with comprehensive hospitality services.
For those interested, Sudara Residences Phuket will host an exclusive viewing event offering special incentives on Saturday, 15 March 2025, from 11 AM to 6 PM at the InterContinental Bangkok (BTS Chidlom).
The post Thailand Hosts New Benchmark In Luxury Living With The Opening Of Sudara Residences Phuket By Lan Kwai Fong Group appeared first on Travel And Tour World.