When buying freehold
A foreign-quota condominium is registered in the buyer’s name. Purchase funds must enter Thailand with the correct purpose so the receiving bank can issue the foreign-exchange evidence used at the Land Office.

A completed Rawai condominium with an 8th-floor rooftop pool and Andaman Sea views
Babylon Sky Garden — condo project, Rawai: entry from ~$137,375, from $2,832 per sqm. Beach: Rawai, ~800 m. Both freehold and leasehold available. Yield: ~7% developer projection. Completed in 2018.
Babylon Sky Garden is a completed 7-storey condominium of 41 units in Rawai, finished in 2018. Its standout feature is an 8th-floor sky garden with its own infinity pool and views of the Andaman Sea, Koh Bon and Coral islands; the ground level has another pool about 34 meters long.
The building sits about 800 meters from Rawai Beach, roughly 5 kilometers from the Chalong 5-way intersection via Wiset Road — the island’s southern tip, away from the tourist density of Patong or Karon. In the same Rawai area, our catalog also lists The Title Rawai — an off-plan project from the The Title lineup from ~$148,900. Babylon Sky Garden offers an alternative: a smaller, already-operating building with none of the construction risk.
Entry starts from ~$137,375 for a 1-bedroom unit (48.5–57.67 sqm) — noticeably below off-plan projects in the area like The Title Rawai. 2-bedroom units (106.8–112.3 sqm) are sold on the resale market on a case-by-case basis. The developer projects a yield around 7% per year through its own rental program, but since the building has been operating since 2018, it already has a real track record — worth requesting actual occupancy and income figures for recent seasons rather than relying only on the marketing projection.
The developer is Billfishing Phuket Co., Ltd., active on the market since 2009; besides Babylon Sky Garden, its portfolio includes the Babylon Pool Villas resort and the second phase under construction, Babylon Sky Garden 2, in the same area. Since the building has been operating for 7 years, the key risk shifts from “will the off-plan get finished” to “what condition are the common systems and sinking fund in” — worth checking before the deal alongside standard developer checks.
Who it suits: a buyer who wants a completed, not a paper, asset in the ~$137,000–140,000 budget, with sea views and walking distance to the beach, and isn’t chasing the branded infrastructure of larger complexes. Before reservation we’ll verify the actual condition of the building, the owners’ registry and the history of common-expense payments — especially important for a building over 5 years old.
Prices and availability change; data is accurate as of the page update date. Request a fresh price list — we send it the same day. Updated: July 2026.
Our catalog currently tracks 31 projects in Rawai; new-build entry level here: from ~$105,652. Babylon Sky Garden’s entry price is about 30% below the district median — one of the most affordable starts in the area.
The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.
Neighbours are picked by the same property type and the closest entry price in the same area — the projects our buyers actually shortlist against each other. Figures recalculate with every catalogue update.
| Babylon Sky GardenThis project | The Title Katabello | The Base Cherngtalay | |
|---|---|---|---|
| Price from | from ~$137,375 | from ~$136,726 | from ~$136,241 |
| $/sqm | $2,832 | $4,143 | — |
| Beach | Rawai, ~800 m | Kata, ~800 m / 11 min on foot | Bang Tao, ~2.5 km |
| Completion | completed in 2018 | Under constructionoff-plan, est. 2027 | CompletedPhase 1 — June 2026, ready to move in |
| Ownership | freehold (within quota) / leasehold | freehold / leasehold — we confirm the exact freehold quota per unit before deposit | freehold / leasehold (foreign quota 49%) |
| Rental program | yes | yes | yes |



The developer information in this listing states: freehold (within quota) / leasehold. This is the project-level starting point, not a legal opinion on a particular unit. The contract, title, foreign quota and seller authority must be verified before reservation.
A foreign-quota condominium is registered in the buyer’s name. Purchase funds must enter Thailand with the correct purpose so the receiving bank can issue the foreign-exchange evidence used at the Land Office.
Leasehold is registered as a long-term lease. The review covers the term, renewals, assignment, inheritance, early termination and the landowner’s obligation to register the transaction.
Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.
This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.
Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.

Condos in the Saiyuan area of southern Phuket with a full rental service — from ~$105,652

The second phase of Babylon Sky Garden in Rawai: 49 units, a 500 sqm rooftop sky garden, ~250 m to the sea

A hillside condo in Rawai with a rooftop pool and sea view
The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.
Availability changes weekly and isn’t published here. We’ll send the list of free units, an honest read on the negotiating room, and a net-yield calculation for your unit with every cost included.
From ~$137,375 for a 1-bedroom unit (48.5–57.67 sqm). 2-bedroom units (106.8–112.3 sqm) are resold on the secondary market — price on request.
Billfishing Phuket Co., Ltd. — a Rawai-based company operating since 2009; besides Babylon Sky Garden it built the Babylon Pool Villas resort and is building the second phase, Babylon Sky Garden 2.
In 2018 — this is a completed, operating building, not off-plan.
Both options are available — freehold within the 49% foreign quota and leasehold; the exact quota per unit should be checked separately.
The developer projects around 7% per year — a benchmark, not a guaranteed payout.
About 800 meters to Rawai Beach — walking distance, though not beachfront.
The Title Rawai (from ~$148,900) is an off-plan project from The Title brand with a full amenity package. Babylon Sky Garden is a smaller, already-completed building (only 41 units) with its own sky garden and a longer track record on the market.
Yes, the unit stays yours. Inside a managed rental program the number of owner-stay nights is capped by the contract — we go through the exact terms for this project before you book.
Funds arrive from abroad in foreign currency and the Thai bank issues an FET form. Without it the Land Department will not register freehold to a foreigner, so we agree the amount and payment reference in advance.
Take the PDF: developer prices, one-off fees, owner costs and net yield — on the current price list. Or message us on WhatsApp, we reply within 15 minutes.