A completed condo complex by Karon beach, managed by Wyndham Hotels & Resorts
Proud Residence — condo project, Karon: entry from ~$147,799, from $4,223 per sqm. Beach: Karon, ~550 m. Both freehold and leasehold available. Yield: ~7% developer projection. Delivered, 2024.
Proud Residence is a completed condo complex by Karon beach on Phuket’s southwest coast: two 7-floor buildings, 191 units in studio/1–2-bedroom formats (35–70 sq.m), delivered in 2024. The residences are managed by international hotel operator Wyndham Hotels & Resorts. Entry price is from ~$147,799.
Karon is one of the most recognisable beaches on Phuket’s southwest coast — quieter than neighbouring Patong, but with developed tourist infrastructure: restaurants, shops, and the Karon View Point nearby. Proud Residence sits ~550 m from the beachfront — a 7-minute walk, which is rare for a completed complex at this price point: that kind of proximity to the water usually costs more. In the same district, our catalog also lists Hennessy Karon — an off-plan project by the same developer, Art House Group, with a fixed 7% yield guarantee for 3 years but no completed track record yet — and Utopia Karon, a hillside project further from the water with views. Proud Residence sits between the two: ready now, plus walking distance to the sea.
Entry is from ~$147,799 for a 35 sq.m unit — one of the most accessible price points in the catalog for a location 7 minutes from the beach. 2-bedroom options (60.5–70 sq.m) cost more; the exact price list on a given date is confirmed with the agency, since some units are already sold or rented out. Management by Wyndham Hotels & Resorts sets this project apart from typical condos without a hotel brand: the developer projects around 7% annual yield, but since this is a projection rather than a contractual guarantee, the actual figure depends on occupancy and Karon’s seasonality. For comparison, Hennessy Karon in the same district offers a fixed guarantee for the first 3 years — a more predictable, but off-plan, scenario.
Art House Group has been active on Phuket since 2012 and has delivered around 9 projects across several districts of the island (Karon, Rawai, Cherng Talay, Chalong) — a mid-size portfolio, not among the island’s largest villa or condo brands, but not a market debutant either. Proud Residence is one of the company’s completed projects: construction is finished and both buildings are operating, which removes the main off-plan risk — delayed handover. What remains relevant for a completed condo under hotel management: the quality of the management company’s work and actual low-season occupancy, plus the density of Karon itself — a touristy district, not as quiet as Layan or Bang Tao.
Who it suits: a buyer of a compact studio or 1-bedroom unit for rental through a well-known international operator, wanting readiness now and the lowest entry ticket for a beachside location. Those who need more space or a quieter, non-resort district should look at villas in Bang Tao or Layan in our catalog.
Our role as an agency is to verify the current list of available units and their exact prices as of the inquiry date, confirm the terms of the management agreement with Wyndham, and check actual occupancy figures for the past year before signing.
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 9 projects in Karon; new-build entry level here: from ~$90,793. Proud Residence’s entry price is about 14% 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.
| Proud ResidenceThis project | The Marin Phuket | Capri Residence | |
|---|---|---|---|
| Price from | from ~$147,799 | from ~$148,026 | from ~$148,544 |
| $/sqm | $4,223 | $3,979 | $3,771 |
| Beach | Karon, ~550 m | Kamala, ~300 m | Bang Tao (Catch Beach Club), ~850 m |
| Completion | delivered, 2024 | completed December 2021 | completed 2025 (phase 1) |
| Ownership | freehold / leasehold | freehold / leasehold | freehold / leasehold — standard 49% Thai foreign quota per building |
| Rental program | yes | yes | yes |
The developer information in this listing states: freehold / 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.
A hilltop condo above Karon with ocean and mountain views, ~800 m to the beach
A 214-unit investment condo 900 m from Karon beach with guaranteed rental yield
A large 449-unit condo complex 1 km from Karon beach
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 ~$147,799 for a 35 sq.m 1-bedroom. 2-bedroom units (60.5–70 sq.m) cost more; the exact price on available units is confirmed with the agency.
Art House Group, a Phuket developer active on the island since 2012 with around 9 projects across several districts. The residences are managed by international operator Wyndham Hotels & Resorts.
The complex is already delivered — construction was completed in 2024, both buildings (7 floors, 191 units) are ready for occupancy.
Both are available — a freehold condominium quota and leasehold; the exact structure per unit is confirmed at the deal stage.
~550 m, about a 7-minute walk to Karon beach — one of the most popular beaches on the island’s southwest coast.
Yes, the residences are managed by Wyndham Hotels & Resorts, and the developer projects around 7% annual yield — a sales-stage estimate, not a guaranteed figure.
Hennessy Karon is an off-plan project by the same developer, Art House Group, with a 7% guarantee for 3 years; Utopia Karon is a completed hillside project with views. Proud Residence stands out for being ready now and managed by a known international operator.
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.