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.

The second phase of Babylon Sky Garden in Rawai: 49 units, a 500 sqm rooftop sky garden, ~250 m to the sea
Babylon Sky Garden 2 — condo project, Rawai: entry from ~$111,864, from $2,542 per sqm. Beach: Rawai, ~250 m. Both freehold and leasehold available. A managed rental program runs here — the yield is calculated per unit. Completed, originally targeted Q4 2025.
Babylon Sky Garden 2 is the second phase of a Rawai condominium from developer Billfishing Phuket: 49 units in a 5-storey building, a ~500 sqm rooftop sky garden with an infinity pool, about 250 meters from the sea.
The project sits on the southern tip of Phuket, in Rawai, about 250 meters from the shore — noticeably closer to the water than the same developer’s first phase, Babylon Sky Garden (~800 m). Nearby are Chalong Bay and Cape Panwa, though the developer doesn’t disclose exact distances to these landmarks. The area remains quiet and less touristic than the island’s west coast.
Entry starts from ~$111,864 for a studio of about 44 sqm — a third cheaper than the entry price of the first phase, Babylon Sky Garden (from ~$137,375), while the unit mix is wider, reaching suites with a private pool up to 142 sqm. The rental model is a 30/70 pool favoring the management company, with no yield percentage stated by the developer — unlike many competitors in the segment that promise specific figures. Installments during construction are available.
The developer is Billfishing Phuket Co., Ltd. — the same company behind the first phase, Babylon Sky Garden, and the Babylon Pool Villas resort, active since 2009. The original target completion was Q4 2025; before reserving a specific unit it’s worth confirming the actual completion and occupancy-permit status.
Who it suits: a buyer for whom proximity to the sea (250 m) matters more than a large developer’s brand, and who’s open to a less-marketed project in exchange for a lower entry price and installments. Before reservation we’ll check the developer entity’s registration, construction permit status and payment schedule — part of our standard “12 developer checks” for any off-plan deal.
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 2’s entry price is about 43% 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 Garden 2This project | The Title Halo 1 | Ashiyana Heights | |
|---|---|---|---|
| Price from | from ~$111,864 | from ~3.7M THB | from ~$110,072 |
| $/sqm | $2,542 | $2,779 | $3,776 |
| Beach | Rawai, ~250 m | — | Kata, ~1.4–1.8 km |
| Completion | completed, originally targeted Q4 2025 | completed May 2024 | Under constructionoff-plan, estimated 2028 (construction start stated for Q2 2026) |
| Ownership | freehold (within quota) / leasehold | freehold / leasehold | freehold / leasehold |
| 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

A hillside condo in Rawai with a rooftop pool and sea view

A completed boutique condominium by Harmony Group, 1 km from Rawai Beach, with coworking and a rooftop pool
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 ~$111,864 for a studio of about 44 sqm. Suites with a private pool up to 142 sqm — price on request.
Billfishing Phuket Co., Ltd. — the same company that built the first phase, Babylon Sky Garden, and the Babylon Pool Villas resort, active since 2009.
The project is complete — the original target was Q4 2025.
Both options are available — freehold within the 49% foreign quota and leasehold.
A 30/70 pool favoring the management company — the developer does not state a fixed yield percentage.
About 250 meters — one of the closest new builds to the water in this price tier in Rawai.
Babylon Sky Garden (from ~$137,375) is a completed 2018 building of 41 units with sea views. Babylon Sky Garden 2 is a newer, more affordable phase (from ~$111,864) of 49 units, closer to the sea (~250 m vs ~800 m), with a wider unit mix including suites with private pools.
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.
No guaranteed rate is claimed: a managed rental program runs here and income follows occupancy. We calculate it for the specific unit.
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.