27-11-2015

Page 14

14 BUSINESS NEWS

THEPHUKETNEWS.COM

Krabi La Playa unveils new B200mn expansion K rabi La Playa resort, located in the popular Ao Nang Beach area across Phang Nga Bay from Phuket, has unveiled its B20 0 million expansion that includes an entire new purpose-built wing at the resort. Part of the Small Hotel Group, Krabi La Playa now co rises roo s in total in a much sought-after location only 1 5 0 metres from the Ao Nang and Nopparat Thara beaches and is within walking distance to the nearby shopping areas. The new four-storey wing, with a modern loft-style design, offers its own swimming pool and gardens, and 4 4

The B200mn expansion comprises an entire new purposebuilt wing. Photo: Krabi La Playa additional rooms, including re ier el xe re ier and Family accommodations. Half of the rooms on the first floor ha e direct ool access and the el xe re ier rooms range in siz e from 5 0 -5 2sq m.

Families are well catered for with rooms ranging from 65 -7 0 sq m with separate living room and accommodation for fo r ax and can connect to an additional room if req uired. “We are delighted to offer

additional room inventory at o r o lar resort said irector of Sales and Marketing, Savika Phanitphisal. “All visitors will enjoy the resort’s additional swimming pool. Each of our new rooms include en suite bathrooms, private balconies and all include tea/ coffee making facilities free i i layers and iPod docking stations. r h n ilai Buranupakorn, has also had the foresight to include meeting space with a capacity to hold meetings and events for upwards of 1 0 0 pax classroom style and he has plans to further extend this capacity,” she added.

FRIDAY, NOVEMBER 27, 2015

Westin resort receives airborne GM, ‘K. Jean’ The Phuket News

THE WESTIN SIRAY BAY Resort & Spa, Phuket has announced the appointment of Thai born Piyoros Naronglith as their new General Manager. Mr Piyoros, often referred to simply as “Khun Jean”, started his career with Hilton International for several years before joining Sheraton Grande Laguna Phuket. He then worked for various luxury brands, including The Luxury Collection, Centara Grand & Convention Centre, Anantara Hua Hin Resort & Spa, while growing steadily in his operational roles. Most recently he was the Executive Assistant Manager of W Retreat Koh Samui. A graduate of Airline management from Nederlands

Piyoros ‘Khun Jean’ Naronglith, the new GM at the Westin Siray Bay. Luchtvaart College and having resided for 1 4 years in Netherlands he s ea s fl ent tch and has a working knowledge of German. Khun Jean has a passion for flying and re io sly held a private pilot license which allowed hi to fly a single engine airplane during day time without instruments.

Property stimulus draws Asean eyes to Thailand ADVERTORIAL ent o any ro gor Protasov recently attended a seminar highlighting the direction of the Phuket real estate market at the Phuket Royal City Hotel. The seminar, titled “Moving economy, pushing real estate. Phuket focusing today and catching up with the future” was organiz ed by the Phuket Real Estate Association (PREA) and presided over by Governor Chamroen Tipayapongtada. The seminar proved to be a success with many members of the association and real estate and condominium business operators in attendance. Commenting on the event, Mr Protasov noted: I received much advice and many new ideas after we exchanged ideas, and our company - Thai Business e elo ent o any ro as well as one of our project - the Nai Harn Beach Condominium received much attention.

At the seminar. Mr Protasov (2nd from left), who heads the B200 million project at Nai Harn Beach Condominium, met with Anant Asavabhokin (centre), the Executive Board Chairman of Land & House Public Company Limited, to discuss the future of the real-estate market on the island. We also discussed the tax cuts that the government has introduced as a stimulus package to the property market. The government has made B1 0 billion in cheap loans available through all branches of state-owned Government Housing Bank (GHB), with some 2,0 0 0 potential borrowers applying for a combined B2.5 billion in ho sing loans on the first

day of the scheme. Could you explain how the scheme works? The move was to make housing loans available for low-income candidates who have been rejected by commercial banks by having them a ly to the fro ctober to ece ber yers of ho es al ed at million or less also now have better

access to mortgages. The government cut transfer and mortgage fees for houses to 0 .0 1 % of the appraisal value for six months for homes. he o e also allows first ti e homebuyers paying for a residence riced at illion or less by the end of next year to deduct 20 % of the home’s value from taxable inco e o er a fi e year eriod It means that a majority of potential buyers have a chance to buy their first ro erty in hailand now The state-owned housing bank is allowed to offer loans of up to illion to those with onthly inco es of or ally only those earning B5 4 ,0 0 0 a month are eligible for the illion ho sing loans. Those earning B1 0 ,0 0 0 a onth can borrow to illion under the scheme. They must pay a onth in the first year 5 ,7 0 0 in the second and 7 ,0 0 0 from the third onwards. GH Bank also charges borrowers for the first year for the second year and the minimum retail rate minus 0 .7 percentage points throughout the term of the

loan for general borrowers and MRR minus one percentage point for employees of companies that have been offered special conditions by GH Bank. Its MRR currently stands at 6.7 5 % . The government has also agreed to permanently reduce corporate income tax to 20 % and the old agreement will be terminated at the end of ece ber And projects with 1 0 % – instead of 20 % – venture capital are exempt from dividend tax in the hope of assisting SMEs (small- to mediumsiz ed enterprises) to gain access to investors to improve performance and create a stronger market for real estate. With current support by the Government and coming launch of the Asean Economic Community in ece ber the h et ro erty market can expect growth in both rices and de and s ecifically in the segment of ready-to-move-in condominiums. T h is article w as p rovid ed by N ai Harn C ond om inium .

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