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 gated cluster of 9 villas in Koh Kaew — a high entry price from a young developer
Canopy Hills — villa project, Ko Kaew: entry from ~$1,708,827, from $2,367 per sqm. Beach: Bang Tao, ~32 min by car. Both freehold and leasehold available. No rental program at this project. Completion: off-plan, expected handover ~2026.
Canopy Hills is a gated cluster of just 9 villas in the Koh Kaew area on Phuket’s east side, not far from Phuket Town and the Boat Lagoon and RPM yacht marinas. The project is built by Hugs Management Co., Ltd. — a young development company founded in 2023. The format is small-scale: two villa configurations, 4 and 6 bedrooms, on plots from 670 to 1,200 sqm.
Koh Kaew is an inland district on Phuket’s east side with no access to the island’s popular western beaches: from Canopy Hills, Bang Tao beach is about 32 minutes by car, and HKT Airport is roughly 40 minutes away. In exchange, Phuket Town is nearby (~15 minutes) along with the Boat Lagoon and RPM yacht marinas — the area caters more to boat owners and those who value proximity to city infrastructure than to beach life. In the same micro-area, our catalog also lists Burasiri Koh Kaew — villas from Sansiri at a notably lower entry price, a useful comparison point if the budget is tighter.
Entry into the project starts from ~$1,708,827 for a 4-bedroom villa of 722 sqm; a 6-bedroom villa of 742 sqm starts from ~$1,897,776. That’s notably above the island average and is mainly explained by the size of the houses and plots (up to 1,200 sqm) rather than a beachfront address or a big developer brand. Each villa has two kitchens, Western and Thai, convenient for long-term living with staff, plus its own drinking-water well. No managed rental program is stated by the developer, so we don’t provide a yield projection — this purchase looks more like a property for personal use than a ready-made investment product.
Hugs Management Co., Ltd. was founded in 2023; the team claims experience on projects such as Café Del Mar, MontAzure Kamala, Sava Villas and Twinpalms Residence, but has no portfolio of its own completed properties under its own brand yet. Canopy Hills is effectively the company’s debut project, and that’s the key risk here: at a high entry price (from $1.7M), the lack of a confirmed developer track record calls for extra scrutiny of the contract, payment schedule, and deposit refund terms. No public handover date is confirmed by the developer itself — independent estimates put it around 2026, but that’s not a guarantee.
Who it suits: a buyer looking for a large private villa in an inland location near marinas who is willing to take on a young developer’s risk in exchange for a small-scale format (just 9 homes) and spacious plots. Buyers for whom a beachfront location or a confirmed handover history is essential should consider projects from larger developers on the island’s west coast.
Our role as an agency is that with this combination of a high price tag and a young developer, we scrutinize the company’s formation documents, escrow terms, and construction payment schedule with extra care before a reservation, and support the deal at every stage.
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 10 projects in Ko Kaew; new-build entry level here: from ~$372,040. Canopy Hills’s entry price is about 90% above the district median — the project sits in the upper segment of the location.
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.
| Canopy HillsThis project | Avana Luxury Villa | Naturale Kamala Luxury Villa | |
|---|---|---|---|
| Price from | from ~$1,708,827 | from ~$1,693,408 | from ~$1,731,279 |
| $/sqm | $2,367 | $2,003 | $3,725 |
| Beach | Bang Tao, ~32 min by car | Bang Tao, ~4.5 km | Kamala (Millionaire’s Mile), ~300 m |
| Completion | Under constructionoff-plan, expected handover ~2026 | Under constructionQ4 2026 | Under constructionoff-plan, 10–24 months from construction start depending on villa type |
| Ownership | freehold / leasehold (exact quota not disclosed) | freehold / leasehold | freehold / leasehold |
| Rental program | no | yes | yes |



The developer information in this listing states: freehold / leasehold (exact quota not disclosed). 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.
A foreign buyer may own the structure but cannot directly own Thai land. The land element is normally held through a registered long lease or another lawful structure. Term, renewals, inheritance and resale rights must be explicit in the contract.
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.

Pool villas from experienced developer Mouana in the inland Koh Kaew district near the island’s marinas

Tuscan-style villas by The Title in Koh Kaew — 500 meters from a British school

19 villas by a lake in Ko Kaew, 2 minutes from British International School — an inland project, not a beach one
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 ~$1,708,827 for a 4-bedroom, 722 sqm villa. A 6-bedroom, 742 sqm villa starts from ~$1,897,776.
Hugs Management Co., Ltd. — a young Phuket company founded in 2023. The team claims experience on projects such as Café Del Mar, MontAzure Kamala, Sava Villas and Twinpalms Residence, but the company has no completed track record of its own yet.
The exact date is not publicly confirmed by the developer itself; independent estimates put it around 2026.
General freehold and leasehold availability is stated, but the specific quota and terms are not disclosed — we confirm with the developer before the deal.
About 32 minutes by car to Bang Tao — Canopy Hills is not a beachfront address but an inland one near Phuket Town and yacht marinas.
The price reflects the size of the villas (722–742 sqm on plots up to 1,200 sqm) and upper-segment positioning, not the developer’s history. With this combination, we recommend paying extra attention to the contract and payment schedule before putting down a deposit.
Burasiri Koh Kaew offers villas in the same Koh Kaew micro-area, but from Sansiri, Thailand’s largest public developer, and at a notably lower entry price (from ~$372,040). Canopy Hills is a smaller-scale format of just 9 villas with a higher price tag and a much shorter developer history.
There is no income guarantee — the project has no rental program. The unit is let privately or through an outside management company.
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.