KYOI Group, Hong Kong, has announced plans to develop its debut property, KYOI Koh Samui in Thailand, which it says is part of a plan to create more than 20 properties across resort destinations in Asia that will reinvent the vacation home investment model.
KYOI’s property rental program offers its members/investors perpetual stays in these developments with the opportunity to earn passive income as a result of their initial investment, which will be US$500,000 at the Samui property. KYOI Group said the return is estimated at 7% within the first two years of operations. The first resort in Samui began its build with a groundbreaking ceremony in July and is set to be completed and opened by the first half of 2023.
Founded in 2019, the Singapore-born company’s Founder Jackson Tan said KYOI has already committed to four properties in Thailand, but their overall focus is to expand across Southeast Asia.
Envisioned as the embodiment of a life in perfect balance, the platform has been conceptualized alongside the three main pillars of living, enjoying, and giving. The Samui resort will feature Japanese-inspired landscaping and interior design with 145 rooms of a minimum of 70m2-sized suites.