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Phuket - March 2008
Chalong View ’best value on Phuket’

Thailand Property Report

 

Over 30 per cent of units in a Chalong condominium project, described by its developer as the ´best value on the island´ have already been sold to buyers, despite the fact construction only got underway in September 2007.

The Chalong Bay View Condominiums are sited in an ex-pat-friendly area of Phuket which Gary Ebsen, long time Phuket resident and director of Eco-Cool Thai Homes, believes is very much on the up, “Chalong is an up-and-coming area, but it is still affordable,” he said. “Arguably, the view of the bay is the most underrated view on the island. From the west coast you just see the deep blue sea, but in Chalong you view out over the offshore islands and the boat traffic.”

The project is close to Chalong Circle; a key transportation hub which places many of the island´s key points within easy reach. Ebsen added that the nearby Chalong pier is another key selling point. “The pier at Chalong has long served as the centre of water sports on the island,” he said.

Work began on the project in September 2007, and the first units are due to be handed over towards the end of 2008. Meanwhile, 33 per cent of the 90-115sq.m units on the five-rai plot have already been snapped up by buyers.

The units are priced from Bt3.9-7.9m, a price range that Ebsen believes is extremely competitive: “These are large, open air, ocean view condos and we believe they offer the best value of any project on Phuket,” he added.

The Chalong area, which had until recently been largely overlooked by developers, has now shifted up a gear to become Phuket´s fastest growing property market.

 

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  content last updated on Aug 20 2008
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