Plus Property: Choeng Thale-Bang Tao long-term residential growth

MGR Online•Economy•17d ago

Reader Briefing

Plus Property identifies Choeng Thale-Bang Tao in Phuket as a growing hub for long-term residency and rental investment.

•Choeng Thale-Bang Tao is transitioning from a vacation destination to a long-term residential area for workers, migrants, and remote workers.
•The rental yield for The Base Choeng Thale project is approximately 8-12% per year.
•Russian nationals are the primary group of tenants in the area.
•Plus Property manages over 440 projects nationwide, covering more than 100,000 families.

•Choeng Thale-Bang Tao in Phuket is viewed as a location blending nature, lifestyle, and convenience with international communities and international schools.
•The Base Choeng Thale project, under the Sansiri brand and managed by Plus Property, generates a rental yield of approximately 8-12% per year.
•One-bedroom units are the most popular rental choice as they provide flexibility for foreigners, couples, local workers, and remote workers.
•Rental contracts in the area are predominantly long-term, ranging from 6 months to 1 year, reflecting actual residential demand.
•Russian nationals are identified as the primary tenant group in the Choeng Thale area.
•Plus Property utilizes its brokerage expertise to support asset management through market analysis, pricing strategies, and tenant selection.
•Plus Property provides Plus Concierge services to assist property owners and residents with move-in/out coordination and utility payments.
•Somsakul Limsuttaphan states that professional real estate management is a key factor in enhancing asset potential and supporting sustainable growth in Phuket.

Full article content is available on the original source.

Choeng Thale-Bang Tao(เชิงทะเล-บางเทา)

A location in Phuket transitioning from a vacation destination to a long-term residential area.

Phuket(ภูเก็ต)ℹ️

The province where Choeng Thale-Bang Tao is located.

Laguna(ลากูน่า)

An important tourist destination connected to Choeng Thale.

Bang Tao Beach(หาดบางเทา)

A destination connected to the Choeng Thale area.

The Base Choeng Thale(เดอะ เบส เชิงทะเล)

A condominium project under the Sansiri brand managed by Plus Property.

Boat Avenue

A key destination connected to The Base Choeng Thale.

Porto de Phuket

A key destination connected to The Base Choeng Thale.

Somsakul Limsuttaphan(สมสกุล หลิมศุทธพรรณ)

Deputy Managing Director of Business Development and Asset Management - South at Plus Property Co., Ltd.

Plus Property Co., Ltd.(บริษัท พลัส พร็อพเพอร์ตี้ จำกัด)

A property management company that manages over 440 projects nationwide and provides brokerage and concierge services.

Sansiri(แสนสิริ)ℹ️

The brand owner of The Base Choeng Thale project.

Plus Eduplex

An institute used by Plus Property for personnel development.