“Rhom Bho Property” or “THE TITLE”, unveils its aggressive real estate market expansion plan for 2025, reinforcing its strong market position following Phuket’s record-breaking tourist arrivals, exceeding 14 million in a year. The company is set to launch five new projects worth over 12.2 billion baht while making its first foray into the Luxury Villa market in two prime locations Nai Yang Beach and Cherngtalay to cater to the high-end segment, further reinforcing Phuket’s status as a “Global Destination.”

Mr. Darong Hutajuta, Chief Executive Officer of Rhom Bho Property Public Company Limited (THE TITLE), a leading developer of Leisure Residences for sustainable living and investment, stated that Phuket’s real estate market in 2024 demonstrated continuous growth, attracting both domestic and international investors, especially in the Leisure Residences segment. With Phuket being a top global travel destination, the province has solidified its position as an ideal location for both living and tourism. The influx of over 14 million tourists in the past year underscores the growing demand for residential properties, particularly in the condominium and vacation home sectors. Unique property offerings that cater to both long-term investment and residential needs have seen a surge in demand.

“Given these market factors, we are committed to sustainable and stable growth by developing high-quality projects that align with customer demand. The year 2024 marked a significant milestone for the company, with the successful launch of five projects worth over 20,000 million baht and achieving a record-high presales value of 7,692 million baht. This success is driven by our deep understanding of the lifestyles of both Thai and international customers, enabling us to develop projects with optimal designs, superior construction standards, and distinctively designed common areas that embody the essence of Phuket, resulting in strong customer reception,” Mr. Darong said.

For 2025, the company plans to launch five new projects worth over 12.2 billion baht to maintain its growth trajectory and expand its portfolio to cover all prime locations in Phuket’s Leisure Residences market. These include three condominium projects with a combined value exceeding 10.7 billion baht: THE KATABELLO, located in the emerging Kata district, valued at 5.5 billion baht., Adora Rawai, valued at 1.4 billion baht., The Title Balcony Naiyang, valued at 3.8 billion baht.

This year also marks the company’s first entry into the Luxury Villa market to enhance its product diversity and meet evolving customer needs. Two new luxury villa projects, worth over 1.5 billion baht, include: Villa Estella Naiyang, valued at 500 million baht., The Title Villa Cherngtalay, valued at 1 billion baht. Both locations are considered high-potential areas. Nai Yang has emerged as a sought-after location among both Thai and foreign buyers due to its serene, private atmosphere, comprehensive amenities, proximity to Phuket International Airport, leading hospitals, and community malls. Meanwhile, Cherngtalay is one of Phuket’s hottest real estate locations, centrally positioned on the island, featuring stunning white sand beaches, high-end shopping venues, and a vibrant lifestyle, making it a prime choice for villa and luxury pool villa investments.

Additionally, the company is set to transfer ownership of its newly completed project, The Title Legendary Bang-Tao, valued at 4.5 billion baht. This project will drive revenue growth and strengthen the company’s financial performance for the year. The company currently has a backlog of over 9.96 billion baht in revenue, which will be gradually recognized, ensuring continued financial stability through 2027.

Beyond real estate development, Rhom Bho Property remains committed to reinforcing Phuket’s position as a “Global Destination” for both tourists and high-end residents. The company is a proud sponsor of the Electric Daisy Carnival Thailand 2025 (EDC Thailand 2025), a globally renowned music festival making its debut in Thailand, further cementing Phuket as one of the world’s most attractive event destinations.

“With these development plans, we are confident in the potential of Phuket’s real estate market and remain committed to delivering projects that meet customer demands across all segments. Expanding our business across multiple locations and property types will strengthen THE TITLE’s market position and ensure sustainable growth,” Mr. Darong concluded.