There are 3 new Phuket housing projects designed for low income earners and those on financial assistance and reservations for units in these developments have been brisk, according to local media. Prices at the projects start at THB3.79 million and some of the homes will be completed and ready to move into by the end of 2018.
“The National Housing Authority (NHA) is creating 8 residential projects in 3 provinces, including Buriram, Phuket and Samut Prakan. In Phuket, there are 3 new projects. Firstly, ‘Phuket Thepkrasattri’, which is a 3-storey community housing project located near Laem Hin seafood in Koh Kaew. Each house is about 20 square meters,” says NHA Head of the Projects Pakum Noimanee to The Phuket News.
The Phuket Thepkrasattri project will have a total of 66 homes all but 9 of which have been reserved by buyers who qualified for the programme. The development will be finished sometime next year.
“The Phuket Thalang project, which consists of 19 3-storey townhouses, is divided into apartments and located in Srisoonthorn, beside the Phuket Community Housing Office. It is an extension of a pre-existing low income housing project,” says Pakum.
The apartments are 33 square meters in size and all units come with 1 bedroom and 1 bathroom. Prices start at THB620,000 and there are less than 50 units available for booking. The project will also be finished next year.
“The 3rd project in Phuket is the ‘Garden Ville Phuket By NHA’ comprising 2-storey townhomes. Each house is about 18.5 square meters and prices start from THB1.59 million. There are 354 total town homes in Garden Ville and about 200 have already been booked,” says Pakum.
The idea behind the programme is to help low-income Thais or those who are receiving financial assistance from the government afford housing. The NHA has developed similar projects in Phuket in the past, all of which have been successful with buyers.