Phuket Condo Asking Prices

By 27 September 2026, the comparison contains 287 unique Phuket condominium listings from FazWaz, DDproperty and PropertyHub, all shown as listed or refreshed between early August and late September. Older cards were not used for the main price calculations.

Every THB/sq m figure is recalculated from the total asking price and floor area of the same unit. Portal search-result counters are not treated as inventory because the same condo can appear through several agents and search feeds can mix property types. Nearby locations are grouped into six practical parts of the island for comparison.

Completed units are kept separate from construction-stage stock where that distinction matters. Tenure and foreign-quota labels are used only when the listing actually states them; an unspecified status is not treated as proof that the unit is available to a foreign buyer in freehold.

Most importantly, these are asking prices, not closed sale prices. Negotiation can change the final figure. REIC transfer data describes registered transactions, a different event, so it is not blended into the listing medians.

Once location, floor area and completion status are aligned, 11 groups have enough condos to provide a useful first benchmark. Surin/Kamala is not given its own line because no segment there reaches eight comparable units after that split. A blank is more useful than a precise-looking number built from only a handful of listings.

The location gap can be substantial even at the same size. Among completed 36–50 sq m units, the median ask is roughly THB 6.10m and THB 139k/sq m in Patong/Karon/Kata, about THB 4.24m and THB 100k/sq m in Rawai/Nai Harn/Chalong, and THB 4.00m and THB 98k/sq m in Nai Yang/Sakhu/Mai Khao.

The northern figure also shows why the table should not be read too literally. Sixteen of the 21 condos there come from The Title Residencies Naiyang. Remove that one project and the median jumps to roughly THB 142k/sq m. Among completed 51–80 sq m units, the unadjusted medians are about THB 144k/sq m in Bang Tao, THB 158k in Patong/Karon/Kata and THB 79k in Rawai; removing each group’s most represented project changes them to roughly THB 122k, THB 130k and THB 92k respectively.

Other benchmarks are steadier. Completed units up to 35 sq m in Phuket Town/Wichit/Kathu show a median of about THB 2.29m and THB 76k/sq m; removing the most represented project changes the latter only to roughly THB 73k/sq m. Rawai’s completed 36–50 sq m group is similarly stable. Those are the kinds of comparisons that are more useful when judging one real unit.

The comparison groups condos by similar location, size and completion status rather than ranking neighbourhoods. Groups of 8–11 units are only a first benchmark; where one project materially shifts the median, that is explained in the text.

Unit size changes the total cheque far more clearly than it changes a single per-square-metre rate. Across the 287 listings, the median asking price is THB 2.94m below 35 sq m, THB 5.60m at 36–50 sq m, THB 7.98m at 51–80 sq m and THB 15.90m above 80 sq m. The bands shown below cover the middle 50% of listings, not the cheapest and most expensive condos found online.

THB/sq m does not rise in a neat staircase with floor area. A larger condo can be cheaper per square metre and still require a much bigger budget. Two properties at the same THB/sq m can therefore be poor substitutes if their sizes are very different.

Completion status changes the picture as well. In Bang Tao, 51–80 sq m completed condos sit around THB 7.65m and THB 144k/sq m, while construction-stage stock is around THB 9.59m and THB 161k. In Rawai, the equivalent completed group is roughly THB 4.60m and THB 79k/sq m versus THB 8.81m and THB 151k for projects still being built.

That does not establish a universal “new-build premium.” The groups contain different developments, and Rawai’s construction-stage 51–80 sq m segment comes from one portal. The practical lesson is narrower: completed resale and unfinished stock should not be pushed into one benchmark simply because their floor area is similar.

Suppose you are looking at a completed 58 sq m condo in Rawai. An island-wide 51–80 sq m number is a weak first comparison; the completed Rawai/Nai Harn/Chalong group is much closer because both location and construction status match. Only then does the gap between the individual ask and the group median become informative.

Even that peer group cannot capture everything. Two condos of the same size can sit in different projects or phases, have different floors, views, condition and furniture packages. Tenure and foreign-quota availability can also change who can buy the unit, but those details belong to the specific property and should not be inferred from the project name.

An ask above the median is therefore not automatically an overpayment, and one below it is not automatically a bargain. The gap is simply a prompt to identify what makes that particular condo different from its closest alternatives.