Thailand: HOMA has opened its Phuket Town property, a 505-unit community that it says “blends the benefits of a serviced apartment with the facilities of a four-star hotel”.
Catering to both short and long stay guests, HOMA Phuket Town features high speed wifi, a coworking space, a fitness centre, café and restaurant, rooftop deck and 80-metre infinity pool overlooking Phuket Town, which includes a 50-metre Olympic-size lap pool, and a 24-hour concierge.
Luca Dotti, founder and managing director at HOMA, said: “I am delighted to announce the official opening of HOMA Phuket Town, our inaugural project, which introduces an innovative new style of living to Thailand’s hospitality scene. By combining affordable, eco-friendly apartments with upscale amenities, we can successfully bridge the gap between home comforts and hotel facilities, while also creating a sense of community living. This pioneering concept will be ideally suited to the Asia Pacific, and Thailand especially, where travellers are increasingly demanding spaces to work, rest and relax for extended periods. We look forward to welcoming our first residents and allowing local and international guests to ‘Live A Better Life’ at HOMA Phuket Town.”
A joint venture between Asia Capital Real Estate (ACRE), a global real estate private equity firm, and NOON Capital, a Thai multifamily housing developer, HOMA is aiming to invest more than US$250 million (approx. THB 8.4 billion) in six new projects across Thailand. HOMA Phuket Town will soon be joined by another location in Phuket, HOMA Cherngtalay, and a project in Chonburi province called HOMA Si Racha.
In the next five years, the group aims to extend its collection to more markets in Thailand and across the Asia Pacific region.
