Location, location, location – it’s everything about real estate, always has been and always will be.
And with many premium projects continuing to break ground all along Chalerm Prakiet Rd and vicinity – beginning from the Bang Ku junction, near Toyota Pearl showroom, through to the Sam Kong intersection, past Tesco Extra, Big C, Design Square and ultimately to Central Festival– the lucrative “strip” is shaping up to be the premier commercial and residential artery of 21st century Phuket.
Malls, banks, offices, showrooms, restaurants, condominiums, art galleries and a handful of world-renowned tourist attractions – it’s only the beginning; the cranes, trucks and cement mixers in this part of Phuket will be busy for quite some time to come (stay tuned for news about a new mall and aquarium).
Active in boosting the profile of the neighbourhood has been Boat Development, the company behind Phuket’s Boat Lagoon marina, as well as the Boat Avenue development in Cherng Talay (Container Mall and Villa Market) and Boat Avenue in Sam Kong.
Bypass Biz Town is their latest and greatest mixed-use development, up and coming in a prime location on the bypass rd.
Located on the northern end of Chalerm Prakiet, in between the Underwood Art Factory and Upside Down House, the 800-million-baht development just launched its second phase, a 66-unit mixed use project imaginatively and fittingly named “Hideaway @ Bypass”
Boat Development Chairman Boon Yongsakul explained that it was named to reflect a development that is private and diverse, yet right in the middle of everything.
“This location is a passing point into the commercial heart of Phuket – just down the way, you’ve got Central and soon The Mall King Power.”
Indeed, location is everything.
“With this development [all three phases of Bypass Biz Town] we’re providing a new route connecting to the the rear [Phracha Samakee] community of about 2,000 families] as well as access from the front [bypass rd] to the rear .”
Diversity is central to the vision of the development, he explains.
“It’s not just about shopping. In this neighborhood there’s a lot of new attractions – shows, galleries, places to take a walk with open views,” he said.
He elaborated that a key feature of the development will be a “promenade” which he said residents and tourists would be welcome to spend their leisure time, to “enjoy coffee or dinner or hang out with friends and family.”
“I had a vision to turn it into a small project kind of like the “Asiatique” project’s concept along the Chao Phraya river in Bangkok,” he noted.
As part of the second of three phases of the Bypass Biz Town development, Hideawa @ Bypass project comprises 61 (+5 uber-luxurious units to be announced soon) units, including plus 14 shop-houses.
The entire phase, which is valued at around B450mn, comprises 90pc residential units – 380 square metre Pool Villas, 242.5sq m Grand Villas,145sq m Deluxe and 82sq m duplex Villas – as well 10pc street-front commercial shop-house units.
With construction already underway, the project is slated to be completed by the end of 2016.
As part of the residential phase, five “heavenly” luxurious residential units are planned, details to be announced soon.
The project received positive feedback, with 95 per cent of the project’s units being reserved at the sales launch event on Saturday (March 14).