Phuket Unveils New Urban Planning Model Inspired by Singapore

According to a report by Prachachat Business, Phuket has introduced a new urban planning framework modeled after Singapore to better manage development. A key change involves the 'red' and 'orange' zones, where building height limits have been relaxed to allow structures up to 60 meters. Conversely, the 'yellow' zone faces stricter regulations, with a 25% reduction in available construction area, which is expected to increase project costs for developers.

For residents and investors, these shifts are already influencing market strategies. Major real estate and retail players, including The Mall Group and Central Group, are reportedly engaged in intense competition, with total investments in the sector projected to reach 200 billion baht. Analysts suggest that developers may pivot away from high-rise condominiums in favor of luxury pool villas to target the high-end market, given the new constraints on land use.

While these changes aim to modernize the island's infrastructure, the long-term impact on housing affordability and the specific timeline for the full implementation of these zoning adjustments remain to be confirmed. Travelers and residents should monitor how these shifts affect the availability of accommodation and the ongoing transformation of Phuket’s urban landscape as major retail and residential projects move forward.