Phuket News

2 Phuket Town nightclubs shut down after allegedly violating multiple laws

2 Phuket Town nightclubs are shutting down after allegedly violating multiple laws. The Maldives and H20 on Lim Sui Ju Road, on the south end of Phuket Town were ordered by the Phuket Governor to close immediately, with the Maldives being orderd to close for 5 years. The order comes after the Phuket City Police inspected the Maldives club, arresting the manager for operating an entertainment venue without a permit, allowing people under 20 years old to work or “use services in the venue,” and for selling alcohol without a permit. Governor Narong cited his authority under Section 4 of […]
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How Thai mega-villa buyers have reignited Phuket’s luxury real estate market in the downturn

The following story was submitted by Bill Barnett, founder and managing director of C9 Hotelworks.  Phuket’s sizable mega-villa property sector has experienced an unexpected surge in multi-million-dollar sales over the past year as Thai buyers sought refuge in the global Covid-19 crisis. Over 5 billion baht (approximately $167 million USD) in primary and secondary high-end properties transacted at the height of the pandemic. According to new market research from Thailand consulting group C9 Hotelworks, transactions in 2020 in top tier real estate hit its highest level in five years despite flat trading levels in the broader marketplace. Expansive tropical island […]
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