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Essence Residence
Rawai · Harmony Group

Essence Residence

A 160-unit condo from a developer with completed projects in Rawai

Get the price listArea guide
from ~$158,335
from ~$158,335
Price from
50–162 sqm
unit sizes
~3.8 km
to the sea
~8% developer projection
declared yield
Q4 2027
Completion
Condominium
Under construction
About the project

Essence Residence is a 160-unit, 9-storey condominium from developer Harmony Group, known in Rawai for its already-completed Calypso Garden Residences and Harmony Condominium projects. The complex is set back from the beach, but makes up for it with dense in-house infrastructure and a rare option for the segment — pet-friendly units.

Location and surroundings

The project sits by the Chalong intersection, away from the coastal strip: about 3.8 km to Rawai beach and about 5.4 km to Nai Harn, both reachable in 5–10 minutes by car or scooter, but not on foot. HKT airport is about 44 km away, the longest stretch among the island’s southern projects, so budget around 50 minutes for the drive. In the same Rawai district, our catalog also has Dominion Rawai — a compact, completed complex at almost the same price point (from ~$154,310), but smaller by unit count and without the pet-friendly format.

Economics and pricing

Entry into the project starts from ~$158,335 for a studio, with larger formats (duplexes, 2-bedroom units) going up to ~$513,000. For that range in Rawai, this is an average market price per square meter rather than a bargain — the premium here is for infrastructure: two pools, a gym, a rooftop zone, and an on-site restaurant. The developer states a yield benchmark of ~8% a year, above the island average, but details of the managed rental (who operates it, what share goes to the owner) are not publicly disclosed — worth confirming separately before factoring this figure into a payback calculation.

Stage, developer and risks

The project is at the off-plan stage, and there is some uncertainty here: different sources cite completion dates ranging from late 2026 to late 2027 — a discrepancy of nearly a year that should be double-checked at reservation rather than taken from marketing materials at face value. Harmony Group, though, is not a newcomer to the district: the developer already has completed projects in Rawai and Nai Harn, which lowers the baseline risk but doesn’t guarantee a specific date for the new project. No public data on CAM fee or sinking fund exists yet from either the developer or aggregators — this should be raised directly at the time of reservation.

Who it fits: a buyer for whom the pet-friendly format and developed in-house infrastructure matter more than walking access to the beach, and who is comfortable building in a margin on the handover timeline. Those who need maximum proximity to the sea should look at projects right on the Rawai or Nai Harn waterfront. As an agency, when reserving a unit at Essence Residence we always confirm with the developer the current construction schedule and the terms of the managed rental — for off-plan projects, these change faster than they get published on the website.

Key facts
AreaRawai
BeachRawai, ~3.8 km
CompletionQ4 2027
Price fromfrom ~$158,335
Ownershipfreehold / leasehold
Format160 units, 9 storeys
DistrictRawai, near the Chalong intersection
Featurepet-friendly units
DeveloperHarmony Group — also behind Calypso Garden, Harmony Condominium

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
Studio~50–53 sqm~$3,167from ~$158,335
1 bedroom (duplex)~80.8 sqm~$3,552~$287,000
2 bedrooms~98.8–112.4 sqm~$2,834from ~$280,000
2 bedrooms (duplex)~162 sqm~$3,167~$513,000
Essence Residence vs the Rawai market

Our catalog currently tracks 27 projects in Rawai; new-build entry level here: from ~$105,652. Essence Residence’s entry price sits close to the district median.

The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.

All projects in Rawai →

On-site facilities
Two pools on siteFitness centerRooftop zoneOn-site restaurantPet-friendly unitsReception and concierge serviceGated grounds, CCTV surveillanceParking
Location & distances
Rawai beach
~3.8 km
Nai Harn beach
~5.4 km
HKT airport
~44 km · ~50 min by car
Photos
Strengths
  • Pet-friendly units — a rarity at this price bracket in Phuket
  • Two pools, a gym, and a rooftop zone for 160 units — above-average infrastructure density
  • Developer Harmony Group has already completed several projects in the same district (Calypso Garden, Harmony Condominium)
  • Accessible entry point from ~$158,335 for a format with full infrastructure
Trade-offs
  • About 3.8 km to the nearest beach (Rawai) — not walkable
  • The furthest stretch to HKT airport among the island’s southern districts, around 50 minutes
  • The exact handover date varies between 2026 and 2027 across sources — worth confirming at reservation
  • CAM fee and sinking fund figures are not yet disclosed
Yield calculator

Estimate the unit’s returns

Net yield (owner)7.0%
Holding period
Appreciation / year5%
Net income/year
Per month
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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FAQ

How much does a unit at Essence Residence cost?

From ~$158,335 for a ~50–53 sqm studio. Duplexes and 2-bedroom units cost more — up to ~$513,000 for a 162 sqm duplex.

Who is the developer of Essence Residence?

Harmony Group — a developer from southern Phuket that has already completed several projects in Rawai and Nai Harn, including Calypso Garden Residences.

When is the project completed?

The project is at the off-plan stage, with a completion benchmark of 2027; the exact date is confirmed at the time of reservation.

Freehold or leasehold?

Both ownership options are available within the standard foreign quota.

Is it far from the beach?

About 3.8 km to Rawai and about 5.4 km to Nai Harn. Both beaches are reachable in 5–10 minutes by car or scooter, not walkable.

Are pets allowed?

Yes, the project states pet-friendly units — a rare option for complexes of this format on the island.

How does Essence Residence differ from Dominion Rawai in the same district?

[Dominion Rawai](/villacarte/catalog/dominion-rawai) is a compact, completed condo complex from ~$154,310 — almost at the same price point. Essence Residence is larger by unit count and adds a pet-friendly format and a second phase of infrastructure, but hands over later.

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