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Canopy Hills
Ko Kaew · Hugs Management Co., Ltd.

Canopy Hills

A gated cluster of 9 villas in Koh Kaew — a high entry price from a young developer

See available unitsArea guide
Canopy Hills · Ko Kaew
VillasUnder construction
Price from
~$1,708,827
unit sizes
722–742 sqm
to the sea
~32 min by car
Bang Tao
Completion
2026
off-plan, expected handover ~2026
Ownership
freehold / leasehold
exact quota not disclosed
Developer
Hugs Management Co., Ltd.
The short version for an investor

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.

Plus. Privacy — a gated compound of just 9 villas
Minus. A high entry price — from ~$1.7M, while the developer was only founded in 2023 and has no completed track record of its own
About the project

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.

Location and surroundings

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.

Economics and pricing

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.

Stage, developer and risks

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.

Key facts
AreaKo Kaew
BeachBang Tao, ~32 min by car
Completionoff-plan, expected handover ~2026
Price fromfrom ~$1,708,827
Ownershipfreehold / leasehold (exact quota not disclosed)
Layout9 villas on a gated plot
DeveloperHugs Management Co., Ltd. — founded in 2023
LocationKoh Kaew, ~15 min to Phuket Town
Handoveroff-plan, expected ~2026 (per independent estimates)

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
Villa, 4 bedrooms722 sqm~$2,367from ~$1,708,827
Villa, 6 bedrooms742 sqm~$2,558~$1,897,776
Availability & price

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

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Canopy Hills vs the Ko Kaew market

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.

All projects in Ko Kaew →

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.

Canopy HillsThis projectAvana Luxury VillaNaturale Kamala Luxury Villa
Price fromfrom ~$1,708,827from ~$1,693,408from ~$1,731,279
$/sqm$2,367$2,003$3,725
BeachBang Tao, ~32 min by carBang Tao, ~4.5 kmKamala (Millionaire’s Mile), ~300 m
CompletionUnder constructionoff-plan, expected handover ~2026Under constructionQ4 2026Under constructionoff-plan, 10–24 months from construction start depending on villa type
Ownershipfreehold / leasehold (exact quota not disclosed)freehold / leaseholdfreehold / leasehold
Rental programnoyesyes
On-site facilities
24-hour security and CCTVFitnessManagement company officeA gated compound of just 9 residencesTwo kitchens in each villa — Western and ThaiOwn drinking-water well
Location & distances
Bang Tao beach
~32 min by car
Phuket Town
~15 min by car
HKT Airport
~40 min by car
Photos
Strengths
  • Privacy — a gated compound of just 9 villas
  • Two kitchens in each villa (Western and Thai) — a detail uncommon in this segment
  • Close to Phuket Town and the area’s yacht marinas — convenient for boat owners
  • Large villa plots — from 670 to 1,200 sqm according to the listing
Trade-offs
  • A high entry price — from ~$1.7M, while the developer was only founded in 2023 and has no completed track record of its own
  • Far from the beach — about 32 minutes by car to Bang Tao
  • Early-stage off-plan — the exact handover date is not publicly confirmed by the developer itself
  • The freehold quota and CAM fee terms are not disclosed
Legal deal structure

How ownership at Canopy Hills is structured

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.

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.

Villa and land

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.

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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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 a villa at Canopy Hills cost?

From ~$1,708,827 for a 4-bedroom, 722 sqm villa. A 6-bedroom, 742 sqm villa starts from ~$1,897,776.

Who is the developer of Canopy Hills?

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.

When is the project handed over?

The exact date is not publicly confirmed by the developer itself; independent estimates put it around 2026.

Freehold or leasehold?

General freehold and leasehold availability is stated, but the specific quota and terms are not disclosed — we confirm with the developer before the deal.

How far is it to the beach?

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.

Why is the entry price high for such a young developer?

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.

How does Canopy Hills differ from the neighboring Burasiri Koh Kaew?

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.

Is the rental income guaranteed?

There is no income guarantee — the project has no rental program. The unit is let privately or through an outside management company.

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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