
A gated cluster of 9 villas in Koh Kaew — a high entry price from a young developer
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 11 projects in Phuket Town; new-build entry level here: from ~$372,040. Canopy Hills’s entry price is about 19% 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.



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

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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.
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](/villacarte/catalog/burasiri-koh-kaew-phuket) 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.