Sri Panwa is moving forward with the development of the last plot of land in the residence area, launching the The Sky Series, a world-class luxury villa project with only 4 units on over 2 rai of land, with a project value of 1 billion baht, under the concept of Modern Natural. It highlights unique design styles from leading architect Habita and the potential for project development over the past 20 years to create a World Class Tourist Destination in Phuket, offering an elevated experience of relaxation intertwined with nature in the signature Sri Panwa style. Prices start at 250 million baht, revealing a strong recovery in the Phuket vacation home market as tourism rebounds, with Thai and international elites competing for prime locations before land prices rise.

Mr. Dithwat Issara, Director of Charn Issara Residence Co., Ltd. stated that the overall real estate market in Phuket this year is expected to grow by about 15-20% due to the influx of international tourists, which is projected to reach 14 million by the end of this year, particularly from Russia, Australia, India, China, and Kazakhstan, making the Phuket real estate market very vibrant.

Currently, Phuket is on the verge of becoming a World Class Investment Destination for both Thai and international investors, driven by the recovery of the tourism sector, prompting the real estate and hotel sectors to adapt and develop products, especially beachfront vacation homes with serene sea views, which are increasingly sought after by wealthy buyers and investors. However, land is becoming scarce and prices are rising sharply.

Sri Panwa still has the last remaining residential land of about 2 rai, with the company preparing a budget of over 1 billion baht to develop into world-class luxury villas, The Sky Series, with 4 units in the Sri Panwa project, under the Modern Natural concept, emphasizing unique design features from leading architect Habita, aiming to make this location a must-visit destination for many.

Maintaining the concept of nature conservation, significant trees such as olive and teak trees will be preserved on the site. Each residence will focus on providing residents with views of the sea and lush trees, allowing them to experience a sea view and sky view. The design is inspired by the globally renowned Baba Nest within the Sri Panwa project, scaled down to give each of the 4 residences a private Baba Nest with a swimming pool to enjoy the beautiful views and sunsets. Additionally, the design of the living spaces is intended to connect the outdoor and indoor areas into a single space, creating an atmosphere of nature, sky, sea, and greenery, allowing residents to be in touch with nature at all times.

The Sky Series represents a symbol of world-class luxury villas that will stand out as a landmark and create pride in ownership. The Sky Series consists of 3-story residences with 5 bedrooms, with only 4 units available, starting from 1,200 square meters, with prices starting at 250 million baht. Construction is set to begin in June 2024. For the common areas, residents will receive exclusive services and amenities from a world-renowned hotel, including restaurants, a rooftop bar, and a spa, available 24 hours a day.

For those interested in owning one of the 4 residences in the Sri Panwa project, a special launch offer is available from today until March 31, 2024, at a price of 220 million baht, along with special promotions such as Thailand Privilege membership, free visas for up to 10 years, free common area fees for 1 year, and a package for a stay in a Luxury Pool Villa at Sri Panwa Phuket for 15 nights*, with conditions as specified by the company.*

For more details, please call +66 76 371 000