thailand, residential

Saturday, September 15, 2007
Million-dollar homes for Koh Samui
Koh Samui, once a popular island getaway for backpackers, is turning
into Thailand's latest market for million-dollar villas, international
real-estate firm CB Richard Ellis (CBRE) said Tuesday. "Although 50
per cent of the villa developments in Samui are in the $1 million and
below price range, we are spotting an emerging market for top-end
villas which achieve prices in excess of $2 million," said Prakaipeth
Meechoosarn, manager of CBRE's newly opened Samui office.