Phuket is no longer just a holiday island. More people are moving there for good, from expats and remote workers to second-home buyers, and developers have noticed.
The latest is CG Capital, part of Thailand’s Central Group (the company behind Central Phuket). It has launched PURITA Phuket Bangtao, its first residential brand, with a total project value of USD 90 million (about RM365 million).
Where is it?
PURITA sits in Bang Tao, Cherng Talay, about 25 to 30 minutes from Phuket International Airport. The area has beaches, cafes, restaurants, shopping, international schools and wellness spots, which is why it has become popular with long-stay residents.
It’s also the last piece of a 64,000-square-metre plot that CG Capital started developing two years ago. The same plot already includes The Standard Residences, Phuket Bang Tao and two hotels with more than 550 rooms between them.
What’s in the project?
| Land size | Over 16,000 sq m (10 rai) |
| Buildings | Four 6-storey buildings and one villa |
| Total units | 258 |
| Starting price | USD 218,000 (about RM885,000) |
| Furnishing | Fully furnished |
The design concept is “Modernity Refined by Nature”. PURITA keeps things low-density, with low-rise buildings and about 40 to 50 units per rai, so it should feel more private than a typical high-rise condo.
Highlights include:
- 3-metre ceilings and full-height glass windows in every unit
- More than three rai of landscaped gardens
- A 50-metre Olympic-size swimming pool
- A fully equipped gym
Is it a good investment?
According to Plus Property, which manages residential properties in Phuket, rental yields there can reach 8 to 12% a year, usually on leases of six months to a year. It also says Bang Tao rents go for around USD 30 to 40 per square metre a month, among the highest on the island.
These figures come from a company tied to the project, so treat them as a guide rather than a guarantee. If you’re buying from Malaysia, also check Thailand’s foreign ownership rules before committing. Foreigners can generally own condo units freehold, but only within each building’s foreign quota.
How to find out more
PURITA Phuket Bangtao will hold a VIP sales event on 29 November at The Apartment, Park Hyatt Bangkok, with special offers on selected units.
If you can’t make it to Bangkok, visit the PURITA Phuket Bangtao website, email the sales team, or call +66 91 926 9293.
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