Central Pattana (CPN), a company listed on the Stock Exchange of Thailand, has announced its intentions to introduce two additional phases to its condominium project, Phyll Phuket, near Central Phuket Floresta. The Phuket condos expansion, which includes nearly 700 units worth a total of 3 billion baht, is set to launch in the forthcoming year. This decision is motivated by the consistent demand for condos in Phuket, primarily fuelled by the thriving tourism sector.
Kree Dejchai, the President of Residential Business at CPN, revealed that the Phuket property market has demonstrated significant growth since the previous year. This upward trend is attributed to the robust demand from both foreign investors and local buyers.
“We launched phase one of the condo project during the pandemic and recorded a satisfactory sales rate as the tourism sector in…
