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Proud Residence
Karon · Art House Group

Proud Residence

A completed condo complex by Karon beach, managed by Wyndham Hotels & Resorts

Get the price listArea guide
from ~$147,799
from ~$147,799
Price from
35–70 sqm
unit sizes
~550 m
to the sea
~7% developer projection
declared yield
delivered, 2024
Completion
Condominium
Completed
About the project

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.

Location and surroundings

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.

Economics and pricing

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.

Stage, developer and risks

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.

Key facts
AreaKaron
BeachKaron, ~550 m
Completiondelivered, 2024
Price fromfrom ~$147,799
Ownershipfreehold / leasehold
Format191 units, 2 buildings, 7 floors each
Bedrooms1–2 bedrooms, 35–70 sq.m
Karon beach~550 m
ManagementWyndham Hotels & Resorts

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
1 bedroom35 sq.m~$4,223from ~$147,799
2 bedrooms60.5–70 sq.m
Proud Residence vs the Karon market

Our catalog currently tracks 7 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.

All projects in Karon →

On-site facilities
On-site swimming poolGym and saunaOn-site restaurantRooftop garden and restaurantKids club / play room24-hour security and CCTVConcierge and receptionResident parking
Location & distances
Karon beach
~550 m · ~7 min walk
Kata beach
~3 km
HKT airport
~42 km · ~45–50 min by car
Patong (shopping and dining)
~15–20 min by car
Owner’s ongoing costs
Management
hotel operator Wyndham Hotels & Resorts
Photos
Strengths
  • A completed complex, delivered in 2024 — units can be inspected before signing, not bought off renders
  • ~550 m from Karon beach, within walking distance of the tourist infrastructure
  • Managed by international hotel operator Wyndham Hotels & Resorts — a recognisable brand for tenants
  • A low entry price for the catalog (from ~$147,799) for a unit near a popular west-coast beach
Trade-offs
  • Compact units (from 35 sq.m) — not for buyers who need a spacious family layout
  • Art House Group is a mid-size developer (~9 projects), not among the island’s largest brands
  • ~7% is the developer’s yield projection, not a guarantee — actual occupancy depends on season and operator performance
  • Karon is a busier, more touristy area than the quiet Layan or Bang Tao — not for every investor
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 cost at Proud Residence?

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.

Who is the developer of Proud Residence?

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.

When is completion?

The complex is already delivered — construction was completed in 2024, both buildings (7 floors, 191 units) are ready for occupancy.

Freehold or leasehold?

Both are available — a freehold condominium quota and leasehold; the exact structure per unit is confirmed at the deal stage.

How far is the beach?

~550 m, about a 7-minute walk to Karon beach — one of the most popular beaches on the island’s southwest coast.

Is there a rental program?

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.

How does Proud Residence compare to other Karon projects in the catalog?

[Hennessy Karon](/en/villacarte/catalog/hennessy-karon) is an off-plan project by the same developer, Art House Group, with a 7% guarantee for 3 years; [Utopia Karon](/en/villacarte/catalog/utopia-karon) is a completed hillside project with views. Proud Residence stands out for being ready now and managed by a known international operator.

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