No 92 May 2012a by orientalhospitality


									                             NEWSLETTER No 92 – MAY 2012
If you are receiving this Newsletter for the first time, but do not wish to receive it in the future please simply reply to the email it came
with and let me know. If you know someone who would like to be added to the Mailing List, please let me know at the same email

                                         Don’t forget our new office address and location
                                            at the Fisherman’s Village end of Bangrak
                                   58/11 Moo 4, Bangrak, Bophut, Koh Samui, Surat Thani 84320
                                              Telephone: 077 770-1 Fax 077 447 777

A picture saves a thousand words – as the saying goes. Unfortunately a picture can also be misleading even without
someone playing with it with Photoshop. We generally use photographs we take ourselves of the properties we offer on our
web site. We are not professional photographers but do our best to represent the property. From time to time clients do ask
us to use their own photographs some of which have been taken by professionals. There is nothing wrong in that as it
often shows the property at its best. Where it falls down is that properties do not stay in the same state as when they were
photographed and a beautifully photographed villa becomes a big disappointment during a viewing. What is seen as a
bright airy room due to photographic lighting becomes dark and dingy when seen in natural light.

Of course the big news in April was the earthquakes off Sumatra on 12th April and the subsequent Tsunami Watch
warnings. Apparently a small tsunami was created but it measured less than one metre and according to reports the only
damage was related to the earthquake itself. It was however a good test of the system and evacuation seems to have gone
well. Flights were cancelled out of Phuket Airport but were getting back to normal the next day with extra flights to clear the
backlog. The small tsunami that was created was small because, according to the German company that installed the
warning system, the quake was horizontal rather than vertical making a tsunami less likely. Subsequent earthquakes in the
Phuket area have caused some concern but rumours that Phuket would sink beneath the waves on 28th April appear to
have been unfounded.

I was disappointed, but not entirely surprised, to come across a web site for a new real estate agent on the island which
was giving totally erroneous information including reference to the house that David Beckham is building and mortgages
from Bangkok Bank – these have been advertised for years and I have yet to see a successful applicant. They refer to their
“team of professionals” and “senior management” yet nowhere on the site can you find a name of an individual. Beware!

There are definite signs of the market picking up with increased enquiries coming in. These still have to lead to sales but
this is a good beginning. Experience tells me that from identifying a suitable property and agreeing terms the sales process
can take from three months to a year to complete so we are not yet seeing sustainable evidence of any increase in sale
prices. Indeed the sales that are in process are pretty well all in respect of properties where the asking price has been
reduced in accordance with the correction in the market that we have seen over the past 3-4 years. Of course the inevitable
is happening and as soon as people sense a change in the market their expectations increase. I inspected three properties
in April where the owners’ expectations were nearly twice what is realistic in the present market.

                                       Following on from my comments on Radon gas last month the Thai Department of
                                       Mineral Resources produce some very good maps to download for Thailand.

                                       Purple areas are Granite in various forms.
                                       Yellow are alluvial deposits of gravel, sand, silt clay and beach sand.
                                       Grey is sandstone, shale, mudstone, chertz, limestone, coral and ammanoids
                                       Red Fe indicates iron deposits.
                                       Blue is limestone
                                       Orange is quartz, mica, schist and griess

                                                                                                                                       Page 1 of 8
                                  Follow Ko Samui Properties on these Social Media Sites

           Face Book                                  Twitter                           LinkedIn

We are fortunate in being allowed a pre-launch look at what is probably the best sea-view land with full infrastructure in
Samui. Situated on a ridge on the south-west of the island, these individual plots of land have magnificent sea views
across to the mainland and also to the Five Islands. Some plots have the benefit of views to both the east and west. All
services are installed including a concrete road, underground three phase electricity, filtered water supply from the estates
own reservoir and high speed Broadband fibre optic cabling for internet, telephone and television services. Whilst you are
free to design your own villa within certain reasonable parameters, there is a range of designs available for inspiration.

 Ko Samui Properties have been fortunate in being involved with this land for some time as Project Managers of two of the
  recently completed villas and can therefore guide you through the acquisition and planning of your dream home on this
                magnificent land. Please see further details on our web page here – or contact us direct at

See also in particular the following New Listings and Price Reductions – CTRL + click to follow the link:

                  NEW LISTING
                  New 4/5 Bedroom Sea View Villa in Chaweng Noi
                  Available at Baht 28,200,000

                      NEW LISTING
                      3 Bedroom house near the beach in Plai Laem
                      Available at Baht 12.95 million

                      NEW LISTING
                      2 Bed Duplex in Chaweng Noi
                      Available at Baht 4.2 million

                                                                                                                    Page 2 of 8
                  3 Bed Hillside Ocean View House for rent in Bang Po
                  Available at Baht 65,000 per month

                       NEW LISTING
                       Bungalow Resort in Bangrak
                       Available at Baht 22 million

                       PRICE REDUCTION
                       4/5 Bed Villa in secluded managed estate with a pool in Maenam
                       Original Price Baht 18 million
                       Now available at Baht 14.95 million

                       PRICE REDUCTION
                       3 Bedroom Hillside Ocean View House in Bang Po
                       Original Price Baht 16,000,000
                       Now available at Baht 9,800,000

                       PRICE REDUCTION
                       5 Bedroom House with pool in Taling Ngam
                       Original Price Baht 19 Million
                       Now available at Baht 9.9 Million

          For Festivals around Thailand visit the Tourist Authority of Thailand website.

Samui Express is back on line and you can find them here
And you can find The Samui Gazette here - - Check out their new design!

Samui may get second airport - High fees, monopoly concerns prompt study                   Bangkok Post         18 April 2012
The Transport Ministry is mulling a plan to build a new state-run airport on Koh Samui as an alternative to the existing privately-run
facility amid complaints of high airport fees.
The move is also intended to end the monopoly on the airport service on the island.
Transport Minister Jarupong Ruangsuwan had told the board of Airports of Thailand to study investment viability and find locations to
build a second airport on Koh Samui, in Surat Thani.
He said the existing Samui airport, which is operated by Bangkok Airways, is not ready for expansion to cope with the increasing
demand for flights.
"There have been complaints of high airport fees that need to be resolved," the minister said.
The current airport opened for service on March 1, 1989. Located on 509 rai, the airport sits close to residential areas, making
expansion nearly impossible. The airport also has to limit the number of flights to ease noise pollution created by aircraft taking off
and landing.
Mr Jarupong said the new airport construction plan is aimed at promoting price competition and ending the monopoly on the airport
service in the resort island. Local tourism will also be given an added boost.
The ministry may consider entering talks with Bangkok Airways in an attempt to solve the problem and building a new airport is a
way to gain bargaining leverage, he said.

                                                                                                                             Page 3 of 8
He said the number of tourists to Samui is increasing, however airport facilities are currently too limited to handle the increasing
Mr Jarupong stressed the need for concerned agencies to ensure the construction project is worthy of investment and to take into
account any possible impacts on the environment.
Pol Maj Gen Peeraphan Premputi, who sits on the AoT board, said that management had been told to study details of the plan and
to find a suitable location for the new airport.
A Transport Ministry source said that under a cabinet resolution in 2003, the ministry was assigned to solve the air travel problem on
Samui following complaints of high airport fees and a monopoly of the service.
The ministry commissioned Kasetsart University to conduct a feasibility study on the project and hired ABEN Engineering
Consultants Co to carry out an engineering and environmental impact assessment (EIA) study.
The study by Kasetsart University concluded that the project was financially viable and worthy of investment with the increasing
amount of air traffic projected for Samui.
According to the study, construction of the new airport would cost about 2 billion baht and the proposed location would cover about
1,490 rai in tambon Na Muang on Koh Samui, about 14km away from the current airport. The EIA study also showed there would be
no problems in terms of engineering requirements while any impacts on the environment would be limited and could be prevented.
A source at the Department of Civil Aviation said the EIA study showed there were both supporters and opponents of the project.
Those in favour said the new airport would provide an alternative for tourists while preventing a monopoly on the air travel service.
It would also help boost Samui's capability to handle more tourists and improve the local economy, the source said, citing the results
of the study.
Opponents of the project, however, expressed concern that temples and communities in the vicinity of the new airport would suffer
from noise pollution and vibrations from aircraft.
They also argued that Koh Samui, at around 143,000 rai, is not suitable for the construction of a second airport due to limited space.

Second Airport For Samui?                                               24 April 2012
An article in last week's Bangkok Post which said the Transport Ministry was looking at conducting a study for the feasibility of a new
second airport in Koh Samui has created widespread industry speculation.
While the comments by the Ministry stop short specific actions it says that the Airports of Thailand (AoT) are to look for a second
location and see whether it's viable to develop a new facility.
Clearly politics are at play as the piece says that the new airport would provide leverage with the AoT in talks with Bangkok Airways
who currently operate the island's private airport.
So is this a case of political will or a fishing expedition?
It's hard to say but both the AoT and Transport Ministry are clearly ramping up the issue of high airport fees and limitations on airport
Looking inside the piece though, one has to wonder is the pressure coming also via legacy carrier Thai Airways who want a bigger
share of the island's lucrative market?
One theme throughout the article is the continuous mention of the word monopoly.
Viewing our recent C9 Hotelworks Samui Hotel Market update for last year 2011, the shrinking Thai domestic market is clearly a key
indicator that the lack of low-cost airlines is retraining demand for the island.
Bangkok Airways is reportedly launched an IPO this year and any concessions might jeopardize their underlying company value
given the Koh Samui route is the airlines most profitable.
Let's see who blinks first in this increasingly political standoff.

2012 top Asian hotels for families                                                                  Apr 11, 2012
SINGAPORE - 2012 Travellers' Choice® award-winning Hotels for Families have been announced today. This year, 504 top family-
friendly properties were recognised in 25 markets around the globe including Asia, Australia, the South Pacific, Africa, Caribbean,
Europe and the U.S.

In Thailand, Phuket laid claim to 6 out of the 10 top hotels in Thailand while Hua Hin, Bangkok, Koh Samui and Mae Ai had 1 winner
each. The Chava Resort in Phuket took the first place in Thailand and sixth place in Asia.

Select Travellers' Choice Hotels for Families Award Winners:
Top 10 Hotels in Thailand
The Chava Resort, Phuket
Marriott's Phuket Beach Club, Phuket
Outrigger Laguna Phuket Resort & Villas, Phuket
Blue Lagoon Resort Hua Hin, Hua Hin
Marriott Mai Khao Beach, Phuket
Courtyard Phuket at Surin Beach, Phuket
Mayfair, Bangkok - Marriott Executive Apartments, Bangkok
Andara Resort and Villas, Phuket
ShaSa Resort & Residences, Koh Samui, Koh Samui
Maekok River Village Resort, Mae Ai

                                                                                                                               Page 4 of 8
                                                             PR2012 / 017
                                        Bangkok Airways’ Call center 1771 operates 24 hours
                   Bangkok / April 12th , 2012 - Bangkok Airways launches 24 hours call center service to provide more convenient
                   to passenger in order to reserve or change their travel itinerary as well as flight information.
                   Recently, Bangkok Airways operates to almost 20 destinations such as Samui, Chiang Mai, Phuket, Lampang,
                   Trat, Sukhothai, Krabi, Pattaya )U-Tapao(, Maldives, Mumbai, Bengaluru, Dhaka, Siem Reap, Phnom Penh,
                   Luang Prabang, Yangon, Hong Kong and Singapore. The latest route is Samui-Kuala Lumpur.
                   Passengers may enjoy free service of Boutique Lounge at Suvarnabhumi Airport )Gate A3(. For more information
                   and reservation please visit website
                                                or call to Call Center 1771 (24 hours).
Corporate Communications of Bangkok Airways
Tel: 02 265 8708 / 02 265 5686 Fax: 02 265 5665

MH/PG codeshare opens wider network                                               E Travel Blackboard            April 2012
Malaysian Airlines and Bangkok Airways have launched a new codeshare agreement on select domestic services and international
flights between Thailand and Malaysia.
Bangkok Airway's senior vice president-network Mr Peter Wiesner commented on the new partnership ability to offer better flight
connectivity for passengers travelling on Malaysia Airlines from long-haul routes to K L International Airport (KLIA) for their onward
journey to destinations like Koh Samui.
“We are also expecting a sizable amount of Malaysian tourists to Koh Samui which is claimed to be one of Thailand's most beautiful
beach destinations," Mr Peter Wiesner said.
The codeshare agreement opens the network to Malaysian airlines to access Bangkok Airways' jet services for Bangkok-Koh Samui
(31x weekly flights) Bangkok-Phuket (14x weekly flights) , Bangkok-Chiang Mai (14x weekly flights), Koh Samui-Phuket (14x weekly
flights) and Koh Samui-Kuala Lumpur (daily flight) whilst Bangkok Airways will codeshare on Malaysia Airlines' Kuala Lumpur-
Bangkok (27 x weekly) and Kuala Lumpur-Phuket (14 x weekly) services.
Avoiding a stopover in Bangkok, travellers can fly on the latest Bangkok Airways' daily return service, Kuala Lumpur-Koh Samui,
allowing Malaysians and international passengers to fly direct into the island from KL International Airport (KLIA) with convenient
flight timings. The Koh Samui-KLIA service is Bangkok Airways' third international route into Samui island after Singapore and Hong
Malaysia Airlines senior vice president international affairs, Mr. Germal Singh expressed his delight with this cooperation with
Bangkok Airways by saying “our customers now have better travel options to Thai cities like Chiangmai and also for circuit trips like
KLIA-Phuket-Koh Samui-Bangkok-KLIA.”
“The codeshare with PG allows us to improve our Thailand product as well as offer seamless connectivity to these sought after
destinations whilst strengthening KLIA's position as a key gateway for travellers." - SailQuest Samui Regatta coming soon in Thailand                                             3 April 2012
SailQuest Sailing School will be organising a regatta event in Koh Samui in Thailand, running from May 26th to June 2nd 2012.

Thailand's SailQuest Sailing School is to organise a series of exciting boat races at the SailQuest Samui Regatta in May 2012.
It gets started on May 26th and runs through to June 5th, combining on-the-water competitions and festivities with a number of
shore-based tie-in celebrations.
The regatta itself is held between May 29th and June 2nd, with the remaining days dedicated to transporting participants back and
forth from the Ocean Marina in Pattaya, where the SailQuest school is based.
A number of different classes of boat will compete in the lavish event, with scoring decided by an international jury and various prizes
available to be won.
Those wishing to take part in the Samui-based regatta portion of the event only can do so for a fee of 18,000 baht (£365.60), which
includes the cost of entry to the various parties, as well as access to refreshments and equipment.
SailQuest Sailing School was founded by Captain Tim McMahon with the aim of teaching people about the world of yachting, which
is a key objective of this regatta.
Full details are located at

                                                                                                                              Page 5 of 8
Incident: Firefly AT72 at Koh Samui on Mar 17th 2012, high powered communication exchange in cockpit, spiral dive in
initial climb                                                                       The Aviation Herald            18 April 2012
A Firefly Avion de Regional Transport ATR-72-500, flight FY-3609 from Koh Samui (Thailand) to Kuala Lumpur Subang (Malaysia)
with 70 passengers, was taxiing for departure when captain and second officer at the flight deck began to engage in a debate. While
the aircraft lined up for departure on runway 17, flaps in takeoff position, shouting from the flight deck was heard in the passenger
cabin. The initial takeoff run appeared sluggish, about half way down the runway engines were accelerated, the takeoff acceleration
returned to normal and the aircraft rotated safely off the runway, shouting continued throughout the takeoff run. While climbing out of
the runway flaps and gear were retracted, shouting still continued, at about 1500 feet AGL the aircraft rolled slightly right followed by
pronounced roll to the left to beyond 45 degrees of bank, the aircraft lost about 500 feet of height before the wing rolled sharply level
and the aircraft recovered from the dive. While shouting still continued on the flight deck the flight set course to Kuala Lumpur, about
15 minutes after departure the shouting ceased. The aircraft landed safely in Kuala Lumpur about 2 hours after departure.

An aviation professional on board of the aircraft reported he heard the shouting throughout takeoff and departure for about 15
minutes. The takeoff run appeared sluggish initially, engines were accelerated about half way into the takeoff and a normal rotation
and initial climb occurred, the aircraft was cleaned and reached about 1500 feet AGL in clean configuration, when the aircraft rolled
slightly right followed by a pronounced roll to the left definitely beyond 45 degrees of bank, probably around about 60 degrees of
bank. The body weight was nearly completely lost during that time, he saw out of the window and felt that the aircraft settled in a
spiral dive losing an estimated 500 feet of height before the aircraft snap rolled wings level within a second. Shouting subsided about
15 minutes after departure. Besides the shouting he was not able to hear any other cockpit sounds including aural alarms or stick
shaker. The professional filed reports with the airline, Malaysia's DCA and the aircraft manufacturer, only the airline replied stating
they take the incident very seriously and both pilots have been suspended but offering no further explanation of the events.

Another passenger reported he heard shouting from the flight deck during takeoff and believed the aircraft had been hijacked. The
takeoff run was rather slow, engines accelerated during the run and the aircraft became eventually airborne. During the climb the
aircraft rolled slightly right then rolled steeply left, he lost about 80% of his body weight at that time. The aircraft then rolled right to
wings level, the weight returned to about twice his body weight. The shouting on the flight deck continued for about 15 minutes.

The airline told The Aviation Herald: We deeply regret and apologise for any distress experienced by our passengers and would like
to make the following clarifications. After a thorough investigation, it has been concluded that while taxing and during take-off from
Koh Samui International Airport, there was a crew resource management failure by Captain in charge which resulted in a "high
powered" communication exchange in the cockpit between Captain and the Second Officer. This failure had lead to the events which
took place during the flight however at no time did the aircraft stall. The Captain initiated the necessary corrective measures and the
flight continued on to its destination without further incident and landed safely and securely in Subang. We would like to put on
record that this form of communication is not tolerated by Firefly management. These findings were established during the Technical
/ Fact Finding Inquiry that was held to investigate this incident, which in turn made the recommendations for the appropriate action to
be taken against the pilots and crew to ensure that this do not happen again. The Captain is no longer serving with Firefly. Once
again, we would like to express our sincere apologies to all passengers on FY3609.

The airline did not follow up on questions that arose out this statement, that permits interpretations like the spiral dive was caused by
the crew, unintentionally or even intentionally.
Malaysia's Directorate of Civil Aviation (DCA) chose to not respond to the aviation professional's and The Aviation Herald's reports
and questions.                            (See the original report here)

Minor Property Group announces property sale                                         Property Report              17 April 2012
Minor Property Group, which boasts The Estates Samui as part of its uber-luxury portfolio, has announced the sale of one of its most
prestigious properties at its collection of 14 spacious villas adjacent to the Four Seasons Resort in Koh Samui.
Nestled amongst the lush secluded hillside of stunning Laem Yai Bay on the Northwestern tip of the paradise island, The Estates
Samui is a property development bringing new meaning to luxurious living.
The two-bedroom property Estate Tawan, which was recently sold to a Thai national for an undisclosed price, is one of the best
appointed villas.
A Bill Bensley-designed masterpiece, it was crafted from the finest tropical hardwoods to exacting specifications and reflects a
harmonious blend of traditional Southern Thai way with modern luxury and style.
James Knowles, Vice President of Residential Property, says that this acquisition is another example of Samui continuing to raise its
profile to a different level in the property market and believes that the island will see a greater number of premium sales in the near
“Koh Samui has a growing range of properties in the premium niche sector that are considered excellent value for money, especially
when benchmarked with other leading international resort destinations. Many of our existing customers are looking at Koh Samui as
the next place to invest into and to own a second home” he said.”As Koh Samui develops its luxury sector, investors are
increasingly aware that buying real estate in the path of development progress has always been the way to make strong financial
returns while at the same time enjoying the ultimate hotel-serviced home.”
Minor Property Group is a leader in developing branded residences in Thailand. It developed the Residences at St Regis Hotel which
is a 53 unit private development sitting directly above the recently opened St Regis Hotel, that has attracted investors from both

                                                                                                                                      Page 6 of 8
Thailand and beyond. On top of this, the group has one of the most awarded property developments in Asia – The Residences at
Four Seasons Chiang Mai.
“Branded residences offer so much more value, benefits and versatility. With prime properties in three of Thailand’s most exotic
locations we believe we can only see even further interest in this segment in the future,” said Knowles.
All of the villas at The Estates, Samui, feature spacious living/dining area connecting to large pool deck via sliding glass doors, are
exquisitely appointed with handpicked materials; resulting in unparalleled quality and charm.
Residents can enjoy unrestricted access to an extensive suite of amenities, including fully-equipped fitness centre, tennis courts,
library and reading room, water sport activities, a world-class spa and some of the best beachside dining options in Thailand.
Discriminating residents will also luxuriate in a world of five-star services from the adjacent Four Seasons Resort Koh Samui –
renowned for delivering the highest standards of personalized service – including all-day room service, bell attendant service, 24-
hour telephone operator, cable television, 24-hour security and housekeeping.

Thai Medical Tourism Market Analyzed in New Renub Research Study Published at
LONDON, Apr 16, 2012 (BUSINESS WIRE) -- Thailand is leading Asia as a medical tourism destination, holding more than 40%
share in the region's medical tourist arrivals in 2011. Its medical tourism market was around USD 2 billion last year, with a great
potential to more than double by 2015. Factors such as international accreditation, updated technology, highly qualified medical
personnel and affordable costs have contributed to the growth of this industry. Bangkok, Chiang Mai, Koh Samui and Phuket are
touted as the epicenter of health care services in Thailand and have become the hub for medical tourism.

Four Seasons Koh Samui Holds 5th Cancer Care Fun Run                              
For the past 15 years, Four Seasons Hotels Thailand have organized annual charity fun runs to raise funds for cancer research
projects in Thailand. Last year’s run successfully raised THB 3.9 million, which was donated to the Genetic Cancer Research Centre
at Chulalongkorn Hospital under the auspices of the Thai Red Cross Society.
This year’s event in Koh Samui will be the island’s 5th Cancer Care Charity Fun Run, and will be held on Saturday, June 2, 2012 at
Nathon Pier in association with the Thai Red Cross Society and with the support of local partners including business associations,
government agencies, schools and media partners. Cancer Care Fun Runs will also be held in Bangkok on May 12 and in Chiang
Mai on May 19. Proceeds from the run will go towards research projects currently conducted by the Haematological Cancer
Research Centre at Chulalongkorn Hospital.
Beginning and finishing in Nathon Pier, the run promises to be a fun and enjoyable Saturday outing for professional runners, joggers,
families, students and those just wanting to enjoy the sea breezes from the Gulf of Thailand and take part in a great event for a good
cause. Runners may choose either the 2 km, 5 km, and 10 km routes, all perfect for running, jogging or walking. Registration begins
at 6:00 am, with the run itself starting at 7:00 am.
All are invited to participate in the run with a minimum donation of THB 250.00 including an official Cancer Care t-shirt, or THB
400.00 including an official polo shirt. Runners will also receive a breakfast box and the chance to win exciting prizes, including
accommodation vouchers at various Four Seasons hotels and resorts around the world. The overall winner of the run will be
presented with the Queen’s Trophy.
For further information and to purchase official Cancer Care shirts, contact Four Seasons Resort Koh Samui by email at

PRESS RELEASE - FOR IMMEDIATE RELEASE                                                                          20 April 2012
Samui Bike Week will be taking place at Chaweng Lake this May, with high-end machines and various events celebrating biker
culture all promised.
Koh Samui is to become a biker's paradise when the fourth annual Samui Bike Week takes place on May 4th and 5th 2012.
To be held at Chaweng Lake, the event will celebrate biking culture and promote the destination as a thriving tourism hub, with a
wide variety of events and attractions promised.
Bikers' clubs and major brands such as Harley-Davidson will all attend the event, which is expected to attract Thai and foreign
guests alike, with previous editions attended by more than 1,000 people.
Band performances, food stalls, shopping opportunities and a cowboy show are among the items that have been on the programme
in the past, in addition to bike contests and other live entertainment.
Samui Bike Week is also used to communicate positive messages such as caring for the environment and the importance of riding
with a helmet at all times.
Tickets for the festival can be purchased for 200 baht (£4.10), which includes the cost of two complementary beers.
A vast selection of Koh Samui hotels is available to biking enthusiasts at, such as the Chaweng Buri Resort.
Full event details can be found at

BKK Airways wins a court case                                                                The Nation           25 April 2012
Bangkok Airways won the court case against Koh Samui Municipality, enabling it to retrieve the household tax payments worth
Bt117 million. The Central Tax Court yesterday landed the verdict on the court case, filed by Bangkok Airways which has been
subjected to the household tax payments to the municipality since 2007. The case was filed as the municipality pressured for such
payments, following the airline’s launch of a property fund in 2007. The fund raised Bt9.3 billion, for the 449-rai land that locates the
Samui Airport. The airline later struck a 30-year leasing contract with the fund for the airport management. The airline insisted that
the property fund is part of fund mobilisation, not property leasing of which returns are subjected to household taxes.

                                                                                                                                 Page 7 of 8
In the verdict, the court agreed with Bangkok Airways and ordered the municipality to return the 4-year payments worth Bt117 million
plus 7.5 per cent annual interest to the airline.

Here are links to two Press Reports but I am only going to quote here the parts relevant to Koh Samui

Pattaya and Hua Hin investment to exceed THB 100billion                 Property Report 27 April 2012
Phuket and Koh Samui continue to be location hot-spots for the development of vacation residences for both domestic and foreign
buyers – investment is expected to be no less than THB 10 billion a year.
Luxury vacation residences for both foreigners and locals still is associated with the island of Koh Samui.
Demand here starts with a price tag of over THB 5million per unit, as land here is limited.

Bt100 bn projects in Pattaya, Hua Hin                                  The Nation          27 April 2012
Koh Samui in Surat Thani province is still the destination for luxury vacation residences for both local and foreign investors.
The demand in Koh Samui is for residences priced over Bt5 million per unit. Land on the island for residential development is

Comment: Demand, limited as it is, is in all ranges. We made two sales under Bt5 m last month with another on the way.
Land for residential development is anything but scarce – overpriced maybe, but not scarce.
Where do these people get their facts from!

G Adventures Makes National Geographic Traveler’s 50 Tours of a Lifetime List
First-of-its-kind Thai sailing adventure receives top honour.
Toronto, Canada, April 27, 2012 --( G Adventures’ Thai Sailing Adventure – Koh Samui to Koh Samui has been selected
as one of National Geographic Traveler magazine’s 50 Tours of a Lifetime for 2012. This is the thirteenth time the tour operator has
been recognized by the magazine.

“It’s a huge honour to be included on this list again. There’s no doubt that this award echoes our commitment to offering innovative,
life-changing travel experiences,” says Bruce Poon Tip, G Adventures’ founder.

On the seven-day tour, travellers access remote islands aboard an eight-passenger catamaran, snorkel in beautiful calm waters,
wander quiet beaches, indulge in delicious Thai cuisine, and explore Koh Ang Thong National Park.

As part of the magazine’s mission to propel readers out of their armchairs and into the field, National Geographic Traveler magazine
has been surfacing the best tours and outfitters for travellers for many years. This year’s 50 adventures were culled from thousands
of tours worldwide.

“The selection process was competitive and our editorial team worked long and hard to find 2012’s most authentic, most innovative,
most immersive, best-guided, and most sustainable tours,” says Norie Quintos, the magazine’s executive editor. “Our theme this
year was transformation. The outfitters we selected are experts at creating trips that have the power to change lives—the lives of the
traveller as well as the residents of the destinations.”

G Adventures’ Thai Sailing Adventure – Koh Samui to Koh Samui will be featured in the May 2012 issue of National Geographic
Traveler magazine.

For more information please visit

About G Adventures

G Adventures is an adventure-travel pioneer offering the widest selection of affordable small-group tours, safaris and expeditions to
more than 100 countries. Powered by an international team of passionate travellers, the award-winning trips embrace authentic
accommodation, exotic cuisine and local transport to put travellers on a first-name basis with the planet’s people, cultures,
landscapes and wildlife. The intimate, authentic and sustainable approach to small-group travel introduces travellers to the highlights
of a destination while offering the freedom to explore it on their own. Whatever age, interest, ability or budget, G Adventures has a
genuine life-changing experience. For more information please visit


                                                                                                                              Page 8 of 8

To top