Phuket Rental Yield & Property Price Index

Price per sqm by area

A median is published only where at least five units carry both a price and a floor area. Thinner slices show a dash instead of a number.

The island-wide spread is 2.5×: Surin — $5,826 against Mai Khao — $2,287 per square metre.

Price per sqm by property type

A square metre in a condo-hotel costs more than in a villa: the price carries the resort infrastructure, the management layer and a smaller unit footprint.

The most affordable way into the market — condos and apart-hotels under $150,000: see the budget condos collection for current prices and a district breakdown.

Off-plan against completed

Off-plan stock costs 12% more per square metre than completed stock

Counter-intuitive, but explicable: new launches bring current layouts in the better locations, while completed stock is weighted towards whatever has been slower to sell. "Buying early is cheaper" is a property of a specific project, not of this market.

Declared yields

These are developer projections taken from project documentation — not verified returns actually received by owners.

Declared projections range from 3% to 15% per year · Median 6%

281 of 348 projects state a yield projection; 328 operate a rental programme.

Laguna Phuket rental yield: compare net terms, not headlines

There is no single verified rental-yield rate for every Laguna Phuket residence. Current projects use different hotel or operator programmes, income splits, owner-use limits and cost structures. A percentage in a sales deck is therefore a declared projection or contractual term until operating statements prove otherwise.

Use the index range as market context, then calculate net yield on the full acquisition cost after operator commission, CAM fees, sinking fund, utilities, insurance, tax, furnishing, vacancy and owner-use periods. Compare the result with completed projects of the same format inside the resort rather than with an island-wide headline.

Ownership structure

A foreign buyer can hold a condominium freehold within 49% of a building’s saleable area — that quota is what determines which option is actually available in a given project.

Property classes: what a square metre costs in each

The section above is computed from our catalog and covers the whole island. This one is a separate cut: the Bang Tao off-plan condominium market broken into four classes. The two do not add up and do not substitute for one another — different territory, different property type, different stage of completion.

Source: VCG Analytics & Research · VillaCarte Group · Q1 2026 data · The report publishes prices in Thai baht. Dollar equivalents are converted at 33.5 THB to $1 as of 2026-07-31 and shown for reference only.

The market added 671 units and 29,233 sqm over the quarter — entirely from new phases inside existing developments. Not a single new project launched.

Average price per sqm by class

Classes are assigned by the report’s analysts on the full profile of a project, not by a single price threshold — the ranges of neighbouring classes overlap.

The gap between the top and bottom class is 2.9×: Lux+ — 412,909 THB ($12,326) against Comfort — 141,400 THB ($4,221) per square metre.

Price per sqm by unit format

The metre gets more expensive as the format grows: studios and one-bedrooms cost almost the same per metre, and from there the rate climbs with floor area.

How supply is distributed by price per metre

Active inventory by price-per-sqm band, units.

• The core of the market is the THB 140–180k per sqm band: 2354 units, 45% of all active inventory. Competition peaks here.
• The 180–240k band is the transition from mass-market Premium to entry-level Lux: 1170 units, 23%. Supply thins out gradually here rather than dropping off.
• Above 240k the market narrows sharply: 676 units, 13%. Little competition — and few buyers.

Transactions in the quarter

Measured across 23 projects: 211 transactions in the quarter. This is liquidity rather than price — where demand actually closes.

Context

• Phuket hotel occupancy runs at 83.4%, among the highest in Thailand.
• Phuket’s announced investment pipeline exceeds THB 541bn; 2025 saw 72 project launches and 10.3k units, with 6–8k expected in 2026.
• Foreign buyers account for 14.7% of transactions by volume and 25% by value — the premium segment rests on them.
• Bang Tao land values are rising roughly 10.7% a year, and about 80% of local development sits in the luxury and upscale brackets.
• Phuket received 3.82m visitors in Q1 2026 (−1.93% year on year) on THB 146.1bn of tourism revenue.

This material is informational and is not investment, legal or tax advice. Prices are market averages at the time of measurement; the price of any individual transaction may differ.

Methodology

• Source: the Phuket project catalog maintained by Layan Real Estate — developer prices and unit mixes reconciled against their current price lists.
• The $/sqm median is computed from every unit-mix row that states both a price and a floor area; units under 10 sqm are excluded as data errors.
• We use the median rather than the mean, so a handful of penthouses cannot drag an area’s figure upwards.
• No $/sqm median is published for a slice with fewer than five units — the cell shows a dash instead.
• Prices are developers’ starting prices in US dollars; a transacted price may differ.
• The index is recomputed automatically on every catalog update, so the figures on this page always match the current database.