Japanese Go Ultra-luxury in Phuket

• Proeksa Meas
• 28 July 2017
• Construction Focus
• 3721 Views

A leading Japanese property developer has entered into a joint venture to create an ultra-luxury residential project in Phuket, Thailand worth an estimated USD174 million.

Kajima Overseas Asia has joined with Minor International (MINT), a SET-listed operator of hotels and restaurants worldwide to develop Avadina Hills; 16 luxury villas spread over 1.8 hectares. Phase 1 will see 11 villas built by 2018 with Phase 2 completed by 2020.

MINT also announced development of 97 luxury apartments and mixed use retail and commercial extension of its Turtle Village shopping mall.

These developments have been spurred by an 18 percent growth in tourism in Phuket in 2016.