Nai Thon "Golden Mile"Luxury Villa Sales Top USD20 Million

08 July 2011

Property sales high season in Phuket is experiencing some breakthrough transactions at the top end of the market.

Nai Thon's "Golden Mile" has seen transactions in excess of USD20 million over the past few months.

Istana has just transacted a six bedroom ultra villa for USD6 million. The transaction originated with PHILLIPS Property.

While at nearby Malaiwana, four properties have been sold since April.

Emerging upscale address Nai Thon includes Malaiwana, Istana, Trisara along with the Pearl of Naithon and new hotels under development under ACCOR's Pullman brand an InterContinential's Hotel Indigo.

Bring on the Golden Mile which is shaping up as a key competitor to Kamala's vaunted Millionaires Mile.

Also on the luxury coconut wireless we've heard encouraging signs from Koh Samui, where news is expected shortly over a banner multi-million dollar property trade.

Source: Phuket Insider