"Honest Dialogue" in Phuket: how agents and developers enhance market transparency

On November 13, Amora Beach Resort Phuket hosted a new meeting of the Honest Dialogue professional community, an industry event organized by the Phuket Property Association (PPA).
This time, the hall gathered more than 150 participants: agencies, independent brokers and representatives of developers who came not for a beautiful presentation, but for honest answers to difficult questions.

Two key players on the same stage

The focus of the "Honest Dialogue" was on two projects that are currently being actively discussed in the Phuket market.:

SID Thailand

The developer behind a number of recognizable projects with large-scale infrastructure.
At the meeting, the SID team highlighted in detail:

• current stages and terms of construction,

• current object status,

• infrastructure solutions,

• plans for further development.

For the agency community, this is an opportunity to rely not on rumors, but on specifics when a client asks, "What's really going on with this project?"

NEXT Condominium

A new condominium that has attracted the attention of the market with a combination of prices and ambitious plans.

In the format of an open conversation, the representatives of the project told:

• who is behind the project and how the team is organized,

• how the financing is organized,

• why was the Phuket destination chosen?,

• how is it planned to meet the construction deadlines?,

• what steps and possible price revision are included in the next plan?

Why "Honest Dialogue" is important for the market

The format of the meetings is fundamentally different from the usual presentations.
Honest Dialogue is an open forum where:

• agents may ask inconvenient and specific questions directly to developers.;

• Developers give honest comments on deadlines, risks, and plans.;

• the market gets more transparency rather than advertising promises.

For real estate professionals, this is direct access to information that is not available in the booklets: real deadlines, nuances of infrastructure, pricing logic and plans for the coming years.

A tool for strong consultations in high season

When in high season, the customer asks:
"Is it worth joining this project?"
"Why are the prices like this?"
"Will it be completed on time?" —
It is important for the agent to rely not on guesses, but on verified data.

This is what gives participation in the events of the Phuket Property Association and the "Honest Dialogue":

• confidence in consultations,

• arguments for clients,

• understanding where the Phuket market is really going.

Result

The meeting on November 13 once again showed that the industry needs sites where developers and agents talk on equal terms and to the point.
Undersun Estate, as the co-founder of the Phuket Property Association, will continue to support such initiatives and develop a culture of honest, professional dialogue in the Phuket real estate market.