Phuket's condominium supply to grow in kata and karon

During 2011, the Kata and Karon Beach areas of Phuket, Thailand, emerged as top locations for new condominium developments.

Nattha Kahapana, director of Knight Frank Phuket, revealed that last year, these two regions accounted for 59 per cent of the new supply in the condominium market.

He noted one of the main reasons for the rising number of new projects in Kata is the affordability of land in the district, compared to the most desirable area along Patong Beach.

Mr Kahapana added there is very little free space on this sought-after strip of land, which adds to the appeal of less-developed regions like Karon Beach and Kata.

Source: PropertyShowrooms.com