“Ana Development Group reaffirms its leadership in the real estate development business in Phuket province, having developed over 15 projects including condominiums, townhomes, and hotels. The latest initiative involves preparing land in the “Ma Nikh” area for the development of a premium villa project, with the first phase covering approximately 10 rai and a project value exceeding 1 billion baht, targeting foreign investors. The project is expected to launch by the end of 2024.”

Mr. Chaiwat Tantivivat, Managing Director and Chief Financial and Investment Officer of Ana Development Co., Ltd., revealed that the company has prepared approximately 10 rai of land in the Ma Nikh area, Srisunthorn Subdistrict, Thalang District, Phuket, for the development of a premium villa project with a total project value of over 1 billion baht. This is to meet the demand from both local and foreign investors looking to invest in Phuket, a world-class tourist destination. The project is anticipated to be launched for sale by the end of 2024, and is currently in the process of developing a distinctive project design that aligns with the creative standards of Ana Development Co., Ltd. Additionally, the company will select international sales representatives to support marketing and sales efforts abroad, ensuring the project is ready for sale by the end of 2024.”

“Personally, I am very confident that despite changes in the Thai government and a slowdown in economic growth, the demand for quality residential projects in Phuket remains strong. This is evident from the rapid sales of our condominium and commercial building projects, which have all sold out quickly. For this latest project, we are primarily targeting foreign investors, developing it as a premium villa project that stands out in architecture and functional design for residents, while also meeting the needs of investors for high-end tourist rentals. This marks a significant step forward in developing premium residential projects for an international clientele,” Mr. Chaiwat stated.

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Key Information on Ana Development Co., Ltd.'s Real Estate Development Projects

Ana Development Co., Ltd. is an extension of the residential project development of Tri Property Co., Ltd., a developer of quality condominiums under the brand “Proud” in Chaengwattana Road, Bangkok, with 3 projects including Proud of Changwattana, Proud X2, and Proud III. The company also has a strong presence in Phuket with 3 well-known condominium projects under the ZCAPE brand, including ZCAPE Phuket in Cherng Talay, ZCAPE II in Laguna, and ZCAPE III in Vichit, located in the new business district of Phuket. Additionally, there are condominium projects under the SPACE Condominium brand in Vichit, the new business hub of Phuket.

Furthermore, Ana Development Co., Ltd. has developed premium commercial building projects under the MixTown Phuket and TinSmith Phuket brands, and is expanding into hotel development in Phuket, including Travelodge Phuket Town and the ongoing development of the Blu Monkey Bangtao boutique hotel project. The company is also jointly investing and developing elderly care projects under the A+ Plus Nursing Home brand in Bangkok, with 3 projects in total.

To date, the company has developed a total of 15 real estate projects, with a combined project value of approximately 4 billion baht.