Million-dollar homes for Koh Samui

Koh Samui, once a popular island getaway for backpackers, is turning into Thailand's latest market for million-dollar villas, international real-estate firm CB Richard Ellis (CBRE) said Tuesday. "Although 50 per cent of the villa developments in Samui are in the $1 million and below price range, we are spotting an emerging market for top-end villas which achieve prices in excess of $2 million," said Prakaipeth Meechoosarn, manager of CBRE's newly opened Samui office.