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Singapore’s affluent seek second homes in Thailand

Felix Desjardins
Felix Desjardins • 4 min read
Singapore’s affluent seek second homes in Thailand
A villa in Katamanda, Phuket. List Sotheby’s International Realty Thailand says more Singapore-based buyers are entering active negotiations for homes in Phuket and Koh Samui. Photo: List Sotheby’s International Realty Thailand
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Singapore remains Southeast Asia’s undisputed financial centre. Yet for a growing number of its high-net-worth residents, Phuket and Koh Samui have emerged as popular destinations for their next luxury home.

List Sotheby’s International Realty Thailand reports a visible increase in Singapore-based buyers progressing beyond initial enquiries to site visits and active negotiations over recent quarters.

In Koh Samui, the most active segment today is hillside sea-view villas priced between US$1 million ($1.28 million) and US$3 million at List Sotheby’s. This part of the market sees consistent trades, often with professionally managed rental programmes delivering up to 10% gross yields.

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