Tag Archives: Thailand

Thailand’s Residential Market Price Rise

Mahanakhon Tower, Bangkok, Thailand. Image: Lazudi.com

From the land of a thousand smiles, things are looking up in the residential real estate market in Thailand. In a recent Property Report in Feb 2022, experts have weighed in to say that the Thai home price market is slated for an increase in 2022. Thailand’s property sector undoubtedly suffered a decline during the first quarter of 2020, but new home costs are on the mend to go higher due to inflation, rising fuel costs, labour shortage and a spike in construction material prices.

“In 2022, we expect to see property prices go up by three to five per cent,” Apa Ataboonwongse, chief executive officer at Richy Place told The Nation Thailand. Labour costs have spiked because many migrant workers have returned to their countries, thereby, causing many delays where up to 20 per cent of projects are affected. Even with management costs have reduced over the past year, it would be hard for developers to maintain the same prices. These rising costs have caused a domino effect in the entire global supply chain. Compounded by shipping delays and supply shortages, the construction industry for residential projects across the globe is affected.

Four Season Residences, Bangkok. Image: Lazudi.com

Steel as a material has also witnessed an exponential spike in price as it has risen 30 per cent. Other material cost increases include concrete, aluminium, sand, and asphalt, to name a few. However, many Thai developers have been wooing buyers with their effective marketing campaigns. They dangled freebies such as air conditioners, water tanks, furniture, and drapes, to entice low-rise homeowners. With Thailand slowly opening up its borders to travellers again, the rise in tourism may help give the economy much needed boost.

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Body, Mind And Spirit: A retreat at Thann Wellness Destination, Bangkok

An hour and 20-minute drive north from Bangkok to the tree-shaded rural district of Bang Sai leads you to a luxurious resort and wellness retreat spanning across 10 acres of lush landscape, which boasts architectural design with discreet influences from ancient Ayutthaya elements.

Situated in Thailand’s old capital, Ayutthaya, Thann Wellness Destination offers a complete wellness experience and artistic lifestyle for a healthy body, mind and spirit.

The resort has 46 spacious guest accommodations ranging from suites to pool villas set in a tranquil location on the banks of the Noi River, amid the lush rice fields.

A nod to the rich history of the district, the rooms carry discreet Ayutthaya influences in the form of artworks, statutes and motifs emblazoned on the walls. In addition, Thann botanical-based skincare and aromatherapy products can be found in all the rooms while the complimentary minibar is stocked with healthy drinks such as fruit juices and fruit-infused water, in glass bottles to promote sustainability.

As its name suggests, promoting healthy lives and well-being is the main focus at Thann Wellness Destination. The 1,500 sqm spa complex has 15 treatment rooms with two double aroma rooms, nine single aroma rooms, two double Thao massage rooms and two single Thai massage rooms, aromatherapy baths, an aromatherapy steam room, three all-purpose studios and a fitness centre.

Here, the treatments are performed by certified professionals and therapists with extensive knowledge on anatomy, aromatherapy and massage techniques. The three different temperature (25 ̊C, 30 ̊C and 39 ̊C) aromatherapy baths help stimulate lymphatic, soothe tired muscles and improve blood circulations. The wellness activities at the centre range from yoga sessions to aromatherapy workshops and Muay Thai classes.

 

 

Dining at Thann Wellness Destination is lavish and sophisticated. Guests can choose from the three dining concepts: a river restaurant, a modern-oriental café and a casual street food eatery – with each of them offering a different, nutritious menu with carefully curated natural flavours.

Many of the ingredients are sourced from local community markets as well as the resort’s residue-free farm and garden – especially the fruits, vegetables, river prawn and fishes, and free-range eggs and chicken.

Besides the distinctive menus, the ambience of each concept is equally idiosyncratic. Enjoy a multi-course meal that is meticulously prepared to deliver the best Thai culinary experience in an opulent setting at the Riverfront Restaurant, or mind-blowing international dishes where an Asian antique collection of tableware and cooking utensil is displayed at the Tea Room.

Or walk through the Thai Street Foods – a food hall that offers a vast array of Thai street foods and snacks such as pounded papaya, grilled meat skewers with sticky rice and Thai noodles, just to name a few.

 

With a minimum of two-night stay, Thann Wellness Destination promises a peaceful, restful and rejuvenating experience for burnt-out travellers yearning to get away from the madding crowd. “Here at Thann Wellness Destination, we want to create the most Zen experience and stress-free lifestyle for our visitors.

Guests do not have to worry about what to wear, eat or activities to enjoy at the resort because everything is well-prepared for them by the team,” said Tony Suppattranont, founder of Thann Wellness Destination.

Discover more and book a stay at www.thannwellness.com.

This article was originally published on www.lofficielmalaysia.com.

Resort Style Living is at Its Finest at Angsana Beachfront Residences by Bang Tao, Phuket

Resort-style living takes on a new dimension with Phuket’s latest luxury condominiums by the Banyan Tree Group. The Angsana Beachfront Residences are situated right on Bang Tao beach, within the world renown Laguna Phuket integrated resort on Phuket’s preferred west coast and comprises 30 exclusive units over five individual low-rise beachfront condominium buildings in a unique Thai contemporary style. All three-storey buildings contain only two apartments per floor, each equipped with a private pool at the fringes of a broad outdoor patio.

The development offers a selection of two to three-bedroom residences ranging from 2,303 square feet to 3,378 square feet with spacious ground floor garden units, as well as penthouse units with a private rooftop pool and entertaining area are also attractive options. One unique aspect of this project is the ability for owners to have their property managed by Angsana Laguna Phuket, through either an investment or lifestyle option. The investment initiative allows buyers to have their property operated full-time by the resort, whilst the lifestyle choice enables owners to reside in their property on a part or full-time basis and have their property exclusively rented out by the resort either short or long term.

With the ownership of a Beachfront Residence, residents will receive privileged access to the Sanctuary Club, a global network with more than 40 resorts and hotels and over 60 spas and 80 retail galleries; and membership to the championship Laguna Phuket Golf Club voted “Thailand’s Best” in the World Golf Awards. In addition to enjoying the range of facilities and infrastructure within Phuket’s largest resort, the area also boasts modern shopping centres and art galleries, international schools and world-class hospitals. Owners may enjoy all the lifestyle benefits and activities living by the Andaman Sea as well as the highlight of having a white sandy beach on their doorstep.

PRICE ON APPLICATION

From: Palace #19