Asian countries pitch for rich retirees from western countries

LIVERPOOL: Phuket-based property firm Kamala Beach Resort & Hotel Management Co, a joint venture with investors from Thailand, Hong Kong and Singapore, is building the most expensive villa project in Thailand to woo rich retirees from western countries.

Richard Yue, chief executive and chief investment officer of Arch Capital Management, the Hong Kong partner in the joint venture, said the project will have 13 villas priced from US$10 million or 350 million baht….

Full story covered in the Seniors Housing & Healthcare Trends.