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Bangkok Post
Bangkok Post
Business

Ideas 1606 sets out ambitious beachfront sales goal

Launched for sale in mid-2019 for a total value of 1.2 billion baht, Veyla Natai Residences completed construction in the middle of last year.

Ideas 1606, a holiday home developer under the Veyla brand, aims to sell six villas on Phangnga's Natai beach for 75 million baht each by the end of this year, with plans to launch a new project on a 100-rai plot of land on Phi Phi Island in 2024.

Prapavadee Sophonpanich, Ideas 1606 founder and chief executive, said demand for luxury beachfront villas among Thai buyers is growing, both for personal use and rental purposes.

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