{"id":7133,"date":"2015-03-04T04:44:18","date_gmt":"2015-03-04T04:44:18","guid":{"rendered":"https:\/\/www.asiabankersclub.com\/?post_type=press_release&#038;p=7133"},"modified":"2022-06-01T04:49:42","modified_gmt":"2022-06-01T04:49:42","slug":"phuket-premieres-new-shopping-district-of-kathu","status":"publish","type":"press_release","link":"https:\/\/www.asiabankersclub.com\/press_release\/phuket-premieres-new-shopping-district-of-kathu\/","title":{"rendered":"Phuket Premieres New Shopping District of Kathu"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7133\" class=\"elementor elementor-7133\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a568259 elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"2a568259\" data-element_type=\"section\" 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data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.asiabankersclub.com\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.asiabankersclub.com\/publication\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-caret-left\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Back<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-a1e71e5\" data-id=\"a1e71e5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-83dc042 elementor-absolute elementor-widget elementor-widget-text-editor\" data-id=\"83dc042\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Share:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-5ea8eaf\" data-id=\"5ea8eaf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-993fe88 elementor-shape-circle e-grid-align-right elementor-absolute elementor-grid-0 elementor-widget elementor-widget-social-icons\" data-id=\"993fe88\" data-element_type=\"widget\" id=\"social-icons\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 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elementor-social-icon- elementor-repeater-item-79066e2\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\"><\/span>\n\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" height=\"15\" viewBox=\"0 0 15 15\" width=\"15\"><g fill=\"#003057\"><path d=\"m3.39402 5.00195h-3.097145v9.99795h3.097145z\"><\/path><path d=\"m1.82927 3.69008c1.00925 0 1.82927-.82633 1.82927-1.8482 0-1.021863-.81371-1.84188-1.82927-1.84188-1.009253 0-1.82927.826325-1.82927 1.84819 0 1.02187.820017 1.84189 1.82927 1.84189z\"><\/path><path d=\"m8.33968 9.75174c0-1.40664.6497-2.24558 1.88602-2.24558 1.1354 0 1.6842.80109 1.6842 2.24558v5.24816h3.0782s0-3.6523 0-6.3331c0-2.68083-1.5202-3.97393-3.6396-3.97393-2.11942 0-3.01513 1.65265-3.01513 1.65265v-1.34357h-2.95837v9.99795h2.97098c-.0063 0-.0063-3.709-.0063-5.24816z\"><\/path><\/g><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon- elementor-repeater-item-ea4f493\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\"><\/span>\n\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" height=\"15\" viewBox=\"0 0 19 15\" width=\"19\"><path d=\"m0 13.2984c1.67235 1.0736 3.66602 1.7016 5.80574 1.7016 7.03266 0 10.99806-5.9372 10.76436-11.26095.7376-.53311 1.3802-1.19767 1.8914-1.95716-.6791.29941-1.4094.50389-2.1762.59883.7814-.46738 1.3802-1.21227 1.665-2.09591-.7302.430867-1.5409.75219-2.4026.92016-.7011-.744892-1.6796-1.20497-2.7751-1.20497-2.4464 0-4.2429 2.27848-3.68789 4.6519-3.14021-.16066-5.92989-1.66504-7.79941-3.958132-.993187 1.701562-.511201 3.928922 1.16845 5.053552-.62074-.02191-1.20497-.18987-1.716165-.47468-.043817 1.75268 1.219575 3.39581 3.037975 3.76095-.53311.14606-1.11733.17527-1.70886.06573.48199 1.50438 1.87682 2.59978 3.53457 2.62898-1.58472 1.2488-3.59299 1.8038-5.60127 1.5701z\" fill=\"#003057\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cb7f62 elementor-widget elementor-widget-text-editor\" data-id=\"7cb7f62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>4th March 2015<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cb930f elementor-widget elementor-widget-heading\" data-id=\"7cb930f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Phuket Premieres New Shopping District of Kathu<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d563f2 elementor-widget elementor-widget-text-editor\" data-id=\"6d563f2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"margin-bottom: 25px; text-align: center;\"><span style=\"color: #3b3b3b; font-family: Lato, Helvetica Nueue, Helvetica, Arial, sans-serif;\"><b>PHUKET PREMIERES NEW SHOPPING DISTRICT OF KATHU<br \/><\/b><\/span><b style=\"color: #3b3b3b; font-family: Lato, 'Helvetica Nueue', Helvetica, Arial, sans-serif; font-style: inherit;\">Investment opportunities by Sansiri garner 7% p.a. rental yield<\/b><\/p><p style=\"margin-bottom: 25px; text-align: justify;\"><span style=\"color: #3b3b3b; font-family: Lato, Helvetica Nueue, Helvetica, Arial, sans-serif;\">The renowned travel destination in Thailand, the island of Phuket, has always been famous for its gorgeous stretches of white sandy beaches. However, surveys and research show that Phuket tourism is no longer purely about the beach, and visitor profiles to the island demonstrate a shift in demand to shopping and entertainment attractions (refer Chart 1 below).<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c8b776 elementor-widget elementor-widget-image\" data-id=\"6c8b776\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/06\/PHUKET-PREMIERES-Press.png\" class=\"attachment-full size-full wp-image-7134\" alt=\"\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/06\/PHUKET-PREMIERES-Press.png 768w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/06\/PHUKET-PREMIERES-Press-300x169.png 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eca56bd elementor-widget elementor-widget-text-editor\" data-id=\"eca56bd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #384e80; font-family: Lato;\"><span style=\"font-size: 12px;\"><b>Chart 1: Tourism Attraction Market Share (Phuket 2012 Hotel Market Update, January 2013, c9 hotelworks)<\/b><\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d5ce79 elementor-widget elementor-widget-text-editor\" data-id=\"2d5ce79\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The unabridged success of the existing retail complexes such as Central Festival and Jungceylon have paved the way for a greater focus on \u201coff beach\u201d demand generators, with large retail operators such as The Mall Group (known for the Siam Paragon &amp; Emporium in Bangkok) setting its sights on this tourist hub. An estimated 20 billion baht investment on a 150-rai land plot (60-acres) is slated for the&nbsp;<em>Blu Pearl Phuket<\/em>, a large-scale retail, hotel and entertainment development by the Mall Group. Projected to operate in 2017, it will consist of a convention and exhibition centre with a resort hotel and a world-class theme park with a total of 650,000 square metres of internal space.<\/p>\n<p>Located just around the corner from the Blu Pearl is key competitor, Central Festival Phuket, which is now constructing Phase III to complement their flagship operation in Phuket. This 10 billion baht investment addition on a 136 rai land plot (54-acre) across from Central Festival will make this Central Group\u02bcs largest retail mall in Southern Thailand and will usher in a new era of international shopping. Expected completion is in 2017, and it will also include entertainment and convention hall space along with established retail outlets.<\/p>\n<p>As a result of the economic stimulus and the enormous growth potential of this district, Sansiri, Thailand\u2019s leading property developer, has launched a residential development in this town. The&nbsp;<em>dcondo Mine<\/em>&nbsp;project is located across from the Blu Pearl and is adjacent to a Duty Free Outlet that is currently under construction and that is set to be completed by the end of 2015. This \u201cBoutique Paradise\u201d is a 1 billion baht investment and will showcase a variety of local and international products. Investment in dcondo Mine comes with a 7% p.a. rental guarantee for 1 year and will be launched to investors in Hong Kong, Macau, Taiwan, Singapore, Malaysia, and Manila. The Hong Kong launch will take place on 14 \u2013 15 March 2015.<\/p>\n<p>\u201cAs evidenced by the growth in property prices of areas in the vicinity of Siam Paragon in Bangkok, we believe that the effect will be replicated in Phuket with the construction of the Blu Pearl. In addition to capital gains, rental prices are also steadily on the rise for developments in Phuket. This is a city with huge untapped potential for investment growth; its prices and infrastructure are yet to be on par with Bangkok, but the growth factors are developing, if not already present,\u201d states Kingston Lai, CEO of the Asia Bankers Club.<\/p>\n<p>\u201cAs central island life on Phuket continues to attract short and long term residents both local and foreign, the upcoming retail and commercial development anchors will complement the property value uplift in the Kathu area. This domestic demand coupled with strong tourist traffic throughout the year is a true testament to the district\u2019s transformation and unfolding future value,\u201d added Mr. Cobby Leathers, Head of International Marketing, Sansiri Public Company Limited (Thailand).<\/p>\n<p>For further information on the Asia Bankers Club and the launch of dcondo Mine in Hong Kong, please visit&nbsp;<a href=\"http:\/\/www.asiabankersclub.com\/\">www.asiabankersclub.com<\/a>&nbsp;or contact Eva Ho on&nbsp;<a href=\"mailto:contact@asiabankersclub.com\">contact@asiabankersclub.com<\/a>.<\/p>\n<p>For further information on Sansiri, please visit&nbsp;<a href=\"http:\/\/www.sansiri.com\/\" rel=\"nofollow noopener\" target=\"_blank\">www.sansiri.com<\/a>.<\/p>\n<p><b><u>About Asia Bankers Club<\/u><\/b><\/p>\n<p>The Asia Bankers Club is an investment club for banking and finance professionals in Asia. With a vast member base, the Asia Bankers Club organizes events for its members and provides physical assets for investments, such as properties, fine wines, art, timepieces, and collectables. Our members are from top tier investment, private and consumer banks, asset management companies, private equity firms, hedge funds, and sovereign wealth funds primarily located in key financial centres.<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.asiabankersclub.com\">www.asiabankersclub.com<\/a><\/span><\/p>\n<p><u><b>About Sansiri PCL<\/b><\/u><\/p>\n<p>With over 271 projects across Thailand, including a residential project in Kensington, London, Sansiri is widely regarded as Thailand\u2019s leading developer of quality houses, townhouses and condominiums.<\/p>\n<p>We do not simply build brick and mortar residences, but instead provide homes with carefully designed spaces, where every detail is thoroughly considered without compromising aesthetic and function in order to cater to families of all sizes.<\/p>\n<p>Setting them apart from other developers, Sansiri offers a home and lifestyle experience, complete with consistent after-sales services and Sansiri Family privileges to ensure the perfect living experience for all residents.<\/p>\n<p><u>&nbsp;<\/u><\/p>\n<p><u>About dcondo Mine<\/u><\/p>\n<ul>\n<li>Freehold condominium from HKD525,000 (studio) and HKD1,200,000 (2-bed)<\/li>\n<li>50% deferred payment option provided by the developer<\/li>\n<li>Rental guarantee of 7% p.a. for year 1 (optional), expected rental yield 7% p.a. from Y2 onwards<\/li>\n<li>Approximately HKD1,800 psf<\/li>\n<li>Completed and brand new with fully furnished and designed units<\/li>\n<li>Full facilities including a 70m swimming pool, gym, club house, 24-hour security and car park<\/li>\n<li>The project is situated in the heart of the new shopping district of Phuket (Kathu) and close to 2 golf courses, the marinas and the beach (all between 5-15 minutes away)<\/li>\n<li>14-day free use for owner during year 1 and thereafter at the decision of the owner themselves<\/li>\n<li>1 time complimentary lifestyle package for owner to choose from, which includes golf and private boat trip. Other services include complimentary airport transfer, couples spa and daily cleaning services during your stay<\/li>\n<li>Great potential capital appreciation of dcondo Mine due to its strategic location which is next to the new Duty Free Phuket, adjacent to Blu Pearl Mall &amp; Theme Park and 5-minute access to Patong after the completion of the tunnel<\/li>\n<\/ul>\n<p><strong><u>Reference Images:<\/u><\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-5266\" src=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool.jpg\" alt=\"\" width=\"2560\" height=\"1707\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool.jpg 2560w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool-300x200.jpg 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool-1024x683.jpg 1024w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool-768x512.jpg 768w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool-1536x1024.jpg 1536w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2022\/05\/dcondo-Nim-Pool-2048x1366.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<p><strong>Above:<\/strong>&nbsp;The design of the spacious 70-meter long swimming pool is inspired by streams that used to run through the ancient mines, and is accessible from all areas of the project.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-4681 lazyloaded\" src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517.png 1227w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-300x199.png 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-768x508.png 768w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-1024x678.png 1024w\" alt=\"Pic 48\" width=\"800\" height=\"529\" data-srcset=\"https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517.png 1227w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-300x199.png 300w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-768x508.png 768w, https:\/\/www.asiabankersclub.com\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517-1024x678.png 1024w\" data-src=\"http:\/\/abcltd.apptisan.com.hk\/wp-content\/uploads\/2017\/02\/Pic-48-e1488172649517.png\" data-sizes=\"(max-width: 800px) 100vw, 800px\"><\/p>\n<p><strong>Above:<\/strong>&nbsp;The property is surrounded by Phuket\u02bcs natural landscape with breathtaking panoramic views \u2013 a serene lake in the foreground.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6185dbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6185dbc\" data-element_type=\"section\" id=\"publication_related_posts\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-731e320\" data-id=\"731e320\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5696031 elementor-widget elementor-widget-heading\" data-id=\"5696031\" data-element_type=\"widget\" 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