Phuket real estate demand stays strong, outpacing Bangkok sales: AREA
Phuket real estate demand stays strong, outpacing Bangkok sales: AREA — confirmed details at this stage for Phuket readers.
AREA said on May 2 its 2026 survey found Phuket’s real estate market remained the country’s second largest after greater Bangkok, with demand still strong and stock selling faster than in the capital. The survey covered 777 projects across Phuket, totaling 88,997 units, with 62,132 already sold and unsold inventory valued at B194.545 billion.
Monthly sales absorption reached 4.4%, higher than Bangkok, and existing stock would take about 22.8 months to clear if no new projects were launched. AREA found 47% of projects in Thalang, 38% in Muang district and 15% in Kathu.
Resort condos and villas dominate market value
Resort condominiums and villas accounted for 50% of all units but 79% of total market value, showing the market’s concentration in higher-end leisure property aimed mainly at foreign buyers and high-income customers. Total development value across all property types stood at B671.860 billion.
Resort condominiums alone totaled 38,613 units worth B321.036 billion, or 48% of total market value. Villas totaled 6,563 units worth B207.568 billion, with 3,949 sold and 2,614 remaining, equal to 7% of units but 31% of value.
Properties priced at no more than B5 million made up B151.720 billion, or 23% of total development value, while stock priced from B20 million upward reached B241.572 billion, or 36%. AREA also put Phuket’s average property price at B12.921 million, versus B4.048 million in Chonburi.
Thalang leads development, with ultra-luxury stock on offer
Thalang had the island’s heaviest concentration of development, led by resort condominiums worth B222.892 billion, or 69% of district development value in that segment. The largest price band there was B7 million to B10 million, worth B43.751 billion, with an average price of B8.212 million and a 79% sell-through rate.
Across Phuket, residential condominiums were the fastest-selling segment at 6.1% a month, followed by villas at about 4.5%. AREA also found 90 resort condo units priced above B100 million, worth B13.004 billion in total, with 54 sold and 36 still available.
Source: https://www.thansettakij.com/real-estate/658119
