Layan Real EstatePhuket property
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Babylon Sky Garden 2
Rawai · Billfishing Phuket Co., Ltd.

Babylon Sky Garden 2

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

See available unitsArea guide
Babylon Sky Garden 2 · Rawai
CondominiumCompleted
Price from
~$111,864
unit sizes
44–142 sqm
to the sea
~250 m
Rawai
Completion
2025
completed, originally targeted Q4 2025
Ownership
freehold (within quota) / leasehold
Developer
Billfishing Phuket Co., Ltd.
The short version for an investor

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.

Plus. ~250 m to the sea — one of the closest-to-beach new builds in Rawai at this budget
Minus. Same developer and area as the first phase, Babylon Sky Garden — worth comparing both phases before choosing
About the project

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.

Location and surroundings

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.

Economics and pricing

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.

Stage, developer and risks

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.

Key facts
AreaRawai
BeachRawai, ~250 m
Completioncompleted, originally targeted Q4 2025
Price fromfrom ~$111,864
Ownershipfreehold (within quota) / leasehold
Units49 in a 5-storey building
Unit sizesfrom 44 to 142 sqm
Completionready, originally targeted Q4 2025
BeachRawai, ~250 m
Rental30/70 pool (owner/management)

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.

Units & prices
TypeArea$/sqmPrice
Studio~44 sqm~$2,542from ~$111,864
Suite with a private poolprice on requestup to ~142 sqm
Availability & price

Which units are free right now — and how far the price really moves

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Babylon Sky Garden 2 vs the Rawai market

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.

All projects in Rawai →

How it compares nearby

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 projectThe Title Halo 1Ashiyana Heights
Price fromfrom ~$111,864from ~3.7M THBfrom ~$110,072
$/sqm$2,542$2,779$3,776
BeachRawai, ~250 mKata, ~1.4–1.8 km
Completioncompleted, originally targeted Q4 2025completed May 2024Under constructionoff-plan, estimated 2028 (construction start stated for Q2 2026)
Ownershipfreehold (within quota) / leaseholdfreehold / leaseholdfreehold / leasehold
Rental programyesyesyes
On-site facilities
Two pools — ground floor and rooftopRooftop sky garden ~500 sqm with an infinity poolKids poolFitness roomShared tropical garden ~500 sqmGated, walled compoundParking
Location & distances
Rawai Beach
~250 m
Chalong Bay / Cape Panwa
within the area, exact distance not specified
Photos
Strengths
  • ~250 m to the sea — one of the closest-to-beach new builds in Rawai at this budget
  • A wide unit mix from a 44 sqm studio to a 142 sqm suite with a private pool
  • A 500 sqm rooftop sky garden with an infinity pool — rare below the $150,000 tier
  • Installments during construction ease the upfront budget
Trade-offs
  • Same developer and area as the first phase, Babylon Sky Garden — worth comparing both phases before choosing
  • A 30/70 rental pool favors the management company — the owner’s share is lower than some competitors in the area
  • A small developer without a large public portfolio outside the Babylon brand
  • The developer does not specify exact distances to key landmarks (Chalong, Panwa)
Legal deal structure

How ownership at Babylon Sky Garden 2 is structured

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.

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.

When buying leasehold

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.

Before the next payment

Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.

Thailand property due-diligence checklist →Bank of Thailand guidance on foreign-exchange transactions ↗

This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.

Yield calculator

Estimate the unit’s returns

Net yield (owner)7.0%
Holding period
Appreciation / year5%
Annual operating costs1.5%
Purchase costs3.0%
Gross annual income
Net monthly income
Annual costs
Cash invested incl. costs
Value at exit
Payback
Total return over period

Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.

Get an exact projection
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The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.

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Availability & price

Which units are free right now — and how far the price really moves

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.

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Artem Bukhkalov
Artem Bukhkalov · Answers enquiries personally
Founder of Layan Real Estate, authorized sales partner for VillaCarte Group projects
We reply on WhatsApp or Telegram usually within 15 minutes during working hours (9:00–20:00 Phuket time, UTC+7).

FAQ

How much does an apartment cost at Babylon Sky Garden 2?

From ~$111,864 for a studio of about 44 sqm. Suites with a private pool up to 142 sqm — price on request.

Who is the developer of Babylon Sky Garden 2?

Billfishing Phuket Co., Ltd. — the same company that built the first phase, Babylon Sky Garden, and the Babylon Pool Villas resort, active since 2009.

When is completion?

The project is complete — the original target was Q4 2025.

Freehold or leasehold?

Both options are available — freehold within the 49% foreign quota and leasehold.

What is the rental program?

A 30/70 pool favoring the management company — the developer does not state a fixed yield percentage.

How far is the sea?

About 250 meters — one of the closest new builds to the water in this price tier in Rawai.

How does Babylon Sky Garden 2 differ from the first phase, Babylon Sky Garden?

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.

Can I live in the unit myself?

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.

Is the rental income guaranteed?

No guaranteed rate is claimed: a managed rental program runs here and income follows occupancy. We calculate it for the specific unit.

How do I transfer the purchase money from abroad?

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.

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