INSIDE - Phuket Property

The current flooding situation will have an impact across the board on all property sectors, but will vary in degree and extent.

The Thai economy is beginning to gather momentum, with a new proactive government at the reins. After years of set-backs with global recessions, military coups, a tsunami, and the red shirt saga, Thailand is hungrier than ever for economic expansion.

The process of selling your home is a bit like going to a job interview. One of the most important factors that will determine whether or not your property will get sold is presentation.

With the current restrictions on bank loans for foreign real estate buyers, properties that offer creative financing solutions are leaving the competition in their wake?

Nominations for the Thailand Property Awards 2011 closed at midnight on 17 June. Hundreds of Thai and international developers, agents, architects and real estate companies were put forward by the public and members of the industry for consideration by the panel of judges.

Nominations are now being accepted for this year's Thailand Property Awards ? widely regarded as the ?Oscars? of the kingdom's property and real estate industries.

Since the beginning of 2010 we have seen hotel transactions on the island pick up considerably, with the most notable transaction just announced last month, of the Laguna Beach Resort for 1.5 billion Thai baht.

Boonyarit Choopiban speaks to the Post about his plans to build a 286 room condo project in Phuket town, overlooking Suan Lang Park.

The Post dropped by the site of the Sixth Phuket ? The First Lifestyle Shophouse in Patong ? to speak with Sarawee Bodharojtham, the General Manager of the development to say hello and check on the exciting progress of the project that may very well bring a little bit of Phuket history to Patong?s future.

So is anyone really making money in the Phuket property market? Many properties spend over a year on the resale market without so much as a viewing, and some projects have even been put on hold indefinitely with buyers not being reimbursed a single baht of their initial deposit.