Minor International has announced the successful sale of the last residence at Avadina Hills by Anantara, marking it as the second ultra-luxury real estate development project by the group in Phuket that has sold out. This follows the complete sale of residences at Layan Residences by Anantara earlier. Additionally, the new Kiara Reserve project in the Layan Bay area has also gained popularity, achieving 30% sales during its pre-sale period.

This sales success reflects the resurgence of demand in Phuket's real estate market, with buyers and investors confident that this destination will serve as a perfect second home and vacation spot. Micah Tamthai, Chief Operating Officer of Lifestyle and Real Estate at Minor International, stated, “With the increasing number of foreign investors traveling to Phuket, the luxury residence market here is experiencing balanced growth due to demand from both domestic and international buyers. We continue to see strong potential in the luxury accommodation market, both for short-term and long-term investment, including rental opportunities and even resale.”

According to the latest data from the Phuket Real Estate Information Center, the growth of the real estate market in Phuket is showing a positive trend, supported by the recovering tourism sector. This is evident from the villa sales rate, which has increased more than fourfold compared to the period from 2021 to 2022. Phuket is also ranked as the third-largest market in the country for condominium sales to foreigners, following Bangkok and Chonburi. “As a developer of luxury real estate, Minor International has great confidence in the Phuket area. We see that there is potential for sustainable growth in terms of market demand and future projects,” added Micah Tamthai.


Kiara Reserve, a luxury residence project by Minor International in collaboration with long-time partner Kajima, exemplifies the growth of the market. The project is located in an area known as 'Millionaire’s Mile' (near Layan Residences by Anantara, Avadina Hills by Anantara, and Anantara Layan Phuket Resort) and consists of 42 units of villas and condominiums with 3 and 4 bedrooms. It will be managed by Minor Hotels and is scheduled for completion in 2025.

In addition to the residence owners and residents being able to exercise at the project's swimming pool and fitness center, they will also have access to a wide range of luxurious amenities at Layan Bay, such as world-class dining experiences at Beach House and various fun activities at Layan Active Zone. Currently, the project is in the master planning phase, which includes the construction of a small marina, a fine dining Thai restaurant with a cooking school, and a rooftop observation point. There will also be a state-of-the-art health clinic as part of this development plan.

Kiara Reserve is ready for ownership starting from 38 million baht, with both freehold and foreign freehold options available. The residences are limited in number, and appointments for viewings can be made in advance by calling +60 19 241 2296 or emailing [email protected].