As foreign property buyers in Phuket shift their focus towards buying completed projects, one industry expert has high expectations that a newly completed project will become a top seller during the coming months.

Bill Barnett, Managing Director of C9 Hotelworks, said: “The developers of the Mandala Condominium have a trendsetting launch proposal by actually completing a project at the same time as going to market. Development risks are mediated and buyers will be able to move right in. Our expectations are high that this project will be a top seller in the coming high season.”

Mandala Condominiums – a collection of 24 quality-built, oversized apartments with private pools in Phuket’s prestigious Laguna area – has completed its first block of eight apartments. An onsite sales office and show home are now open.

The apartments are finished to the high standards using quality materials throughout. Spacious, open-concept living and understated luxury are elegantly combined to create 18 apartments and six penthouse apartments, each with its own plunge pool and ranging in size from 276 square metres to 546 square metres. The Swedish-designed apartments offer true luxury in terms of space, with oversized rooms, high ceilings, large solid wood doors and spacious outdoor decks. Construction is provided by ISO certified DCM Solutions. Introductory prices are set at Bt64,000 per square metre.
The project is fully funded and is being built regardless of sales, assuring the first buyers can move into their apartments by February 2010. The remaining two blocks of eight apartments each are 75 per cent completed and slated for completion in the second quarter of 2010.

The development is located 350 metres from Bang Tao Beach and three minutes to the Laguna development, with its internationally renowned hotels and the Laguna golf course, giving owners close access to some of the best activities and restaurants in Phuket yet away from the crowds.