Phuket Marina has unveiled a five-year five billion Baht (approx.
US$150 million) investment plan
which includes two hotels, a low-rise condominium development, a
new water facility, marina expansion and the
addition of a state-of-the-art RPM Children's Zone, with the aim
to position Royal Phuket Marina as a leading destination in Asia.
Covering approximately 200 rai and with just a third
developed so far, the site is prime for additional development.
“The five billion Baht planned investment over
the next five years is part of my vision to make Royal Phuket
Marina an iconic waterfront lifestyle destination ... Royal Phuket Marina will become a destination in its own
right – a thriving residential and business community, and a
destination that will support Phuket tourism attracting visitors
from around the world,” said Mr. Gulu Lalvani, Chairman of Royal
The investment will be in four main areas:
Hotel Development: Over 600 rooms are planned to be added to
Royal Phuket Marina over the next five years. First will be an 129-key
design hotel, a joint venture with an experienced Thai hotelier
that will be launched mid-July. Second is a 500-key hotel with a
theme pool and its own private beach which will target Phuket's
growing family segment. The operator is
expected to be announced in second half of 2015.
Estate: La Reserve is a modern low-rise condominium developed
under the concept of “Affordable Luxury”. With a total of 160
units in eight four-storey buildings located near the Town Square,
each building has just 20 units and a private sky pool. La Reserve
will cater to Phuket's under supplied serviced apartment niche.
Expansion: Royal Phuket Marina will introduce a new
world-class dry stack system, the first of its kind in Thailand,
whereby boat owners can store their luxury vessels under cover,
protected from the elements, as you would with a Rolls-Royce or
Ferrari. A concierge service will ensure boats are in the water
and ready to go anytime, upon request of an owner. The expansion
will increase marina capacity to 250 boats.
Zone: To be developed at Royal Phuket Marina. With a design and
operating team of over 15 years experience in setting up and
operating children’s clubs around the world, the club will consist
of play areas, climbing frames, a purpose built jungle gym,
slides, ball pits and swings, and will be for children up to eight
years old. Parents can count on professional child-care services
with safe and professional supervisory care, while they enjoy all
the facilities of the marina.
demographics have changed considerably over the last 10 years.
More tourists are looking to the east coast and to new
destinations. Approximately 1,000 tourists and residents use the
marina's facilities every day. Our marine leisure facilities and
central location makes Royal Phuket Marina the gateway to more
than 30 islands all within a one hour boat ride,” said Mr. Lalvani.
“After studying the marketplace, we have identified the need for
quality serviced apartments on Phuket. La Reserve condominium will
cater to that niche and provide an ideal residence and investment
for Thai and international buyers. Complementing La Reserve are
two new hotels, each unique in their concept, design and target
market, and which together will provide more than 600 new rooms
underscoring Royal Phuket Marina's drive to become the destination
Sailing in Asia - HD video interview with Captain Kim E. Jenks.
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