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Phuket Property Market: Latest Developments and Awards

In a move that could impact local land values, the governor of Sa Kaeo has pledged to reclaim Ban Nong Chan. This follows the recent Sustainability Expo hosted by QSNCC, which showcased green technologies and their potential applications in the real estate sector. In other news, experts have advised Thailand to boost Foreign Direct Investment (FDI) to compete with neighbouring countries like Vietnam. This could potentially attract more international buyers to the Phuket property market. Find out more about this development. Meanwhile, Bangkok is rising as Southeast Asia’s next data centre hub. This growth is likely to increase the demand for commercial properties in the city. In the residential sector, the 8 Atelier Residence in Phuket has won the prestigious Dot Property Awards. This highlights the ongoing viability and desirability of Phuket real estate. Details here. In global news, a housing market panic in the US could potentially influence investor behaviour worldwide, including in the Phuket property market. Read more.

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