Phuket Condo Prices Per Square Metre in 2026

Phuket condo prices in late 2026 sit well above many buyers’ first spreadsheet: the October 2026 Phuket Price & Yield Index from Layan Real Estate puts the median asking price for condominium lots at about THB 148,000 per square metre, with a typical project entry ticket near THB 5.18 million. That is asking data across hundreds of listed units, not closed transaction prices, but it is the clearest public cut of what developers and resale lists were quoting as of 20–25 October 2026.

This article unpacks those Phuket condo prices by district, explains the off-plan premium, and shows how condo figures sit next to villas and apart-hotels. For income maths after you buy, pair it with our Phuket condo rental yields guide. Ownership structure still matters before you wire funds — see can foreigners buy property in Phuket and freehold vs leasehold.

What do Phuket condo prices look like island-wide in 2026?

Layan Real Estate’s October 2026 index covers 357 residential projects and 1,166 available lots. Within that sample, condominiums account for 451 lots across 107 projects. Key medians from the report:

• Condominium median asking price: THB 148,000 per m²
• Condominium median lot price: about THB 7.86 million
• Median condo project entry ticket (cheapest lot per project): about THB 5.18 million
• Island-wide median across all property types: THB 125,211 per m²

Per square metre, condos cost about 75% more than villas in the same index (villa median THB 84,388 per m²), while villa lot prices are much higher in absolute baht because floor areas are larger. Apart-hotel units — condo-licensed stock sold with a hotel rental programme — were the priciest format at about THB 198,551 per m².

Which Phuket areas have the highest condo prices per m²?

District spreads are wide. Using Layan’s condo medians where the sample has at least five lots:

District	Condo median THB/m²	Lots (n)	What that usually means
Surin	197,742	10	Small, expensive west-coast pocket
Mai Khao	198,334	7	Airport-north stock, thin sample
Layan	179,784	32	Premium north-west fringe
Bang Tao	157,543	188	Deepest condo inventory on the west coast
Kamala	151,838	29	Hillside and beach-adjacent demand
Kata	148,000	12	Close to island condo median
Karon	142,857	21	Long-beach tourist strip
Patong	136,386	7	Thin listed sample in this cut
Nai Yang	136,525	33	Airport-side beach corridor
Rawai	132,813	62	South-coast living stock
Nai Harn	120,000	27	Quieter south beaches
Chalong	105,001	15	East-bay practical base

Surin leads the all-types district ranking at about THB 189,231 per m², while Thalang sits near the bottom of the published table at about THB 74,695 per m² — roughly a 2.5× gap between the dearest and cheapest districts with enough lots to publish. Bang Tao dominates volume (188 condo lots in the index), so Phuket condo prices conversations that ignore Bang Tao miss where most of the listed supply actually sits.

How much do bedroom classes cost?

Looking at median lot prices (not per m²) for condominiums in the same October 2026 cut:

• Studio: about THB 4.73 million (n=56)
• 1 bedroom: about THB 6.25 million (n=184)
• 2 bedrooms: about THB 10.5 million (n=162)
• 3 bedrooms: about THB 22.82 million (n=44)

Those ticket sizes explain why many foreign buyers start with one-bedroom freehold stock and why three-bedroom condos compete with entry-level villas on cash outlay. Villa pricing by area is covered separately in Phuket villa prices.

Why are off-plan Phuket condo prices higher?

Off-plan lots in the index asked about 18% more per m² than completed stock island-wide (THB 132,909 vs THB 113,000). For condominiums alone the gap was smaller but still positive: about THB 150,000 per m² off-plan versus THB 139,394 completed (+8%). Of 357 projects with available lots, 221 were still under construction, so most of the visible menu is not ready for immediate transfer.

Part of the premium is composition (newer launches, better finishes, instalment schedules). Layan notes 97 projects publish construction-linked payment plans. Treat brochure yields separately from price: the same report’s median declared yield is 6%, and only 7% of projects advertise a contracted yield fixed in the sales agreement.

What fees sit on top of Phuket condo prices?

Headline baht per m² is not your all-in cost. Foreign condo purchases usually need evidence of overseas funds (the FET path), Land Office transfer costs, and sinking-fund or common-area arrears checks. Walk through the paperwork with FET form Thailand and Phuket property transfer fees before you sign a reservation.

Also confirm the building still has freehold quota under the 49% foreign ceiling. A sharp asking price is useless if the unit can only transfer as leasehold.

How should buyers read these Phuket condo prices?

• They are asking medians from price lists, not proven sold prices
• District samples under five lots are unpublished for a reason — do not invent a “market rate” from one project
• Compare the same bedroom class and the same title type (freehold vs leasehold)
• Stress-test rental income with realistic net yields, not the top brochure number
• Budget transfer tax/fee split, fit-out and several months of vacancy if you plan short lets

FAQ

What is the average Phuket condo price per square metre in 2026?

There is no single “average” worth quoting. Layan’s October 2026 median for condominium lots is about THB 148,000 per m², with half of all lots island-wide (all types) between roughly THB 86,000 and THB 167,000 per m².

Where are the cheapest Phuket condo prices?

Among condo samples with enough lots, Chalong, Nai Harn and Rawai sit below the island condo median. Thalang is cheap on an all-types basis but had too few condo lots in this cut to publish a condo-only median.

Are Bang Tao Phuket condo prices worth the premium?

Bang Tao’s condo median near THB 157,500 per m² reflects deep demand around Laguna and the north-west beach strip. Whether it is “worth it” depends on your hold period, rental strategy and tolerance for off-plan delivery risk — not on the headline alone.

Do Phuket condo prices include furniture and tax?

Usually not. Asking prices are for the unit as listed. Furniture packages, transfer fees, specific business tax or withholding (when applicable) and common-fee arrears are separate line items negotiated in the sale contract.

Use these Phuket condo prices as a map of asking levels in October 2026, then verify the exact building, quota, title and fee stack with a licensed lawyer and the Land Office. Figures above are cited from Layan Real Estate, Phuket Price & Yield Index, October 2026 (CC BY 4.0), based on price lists fetched 20–25 October 2026.

Featured image: Phuket hotel / residential skyline view — photo by Tiger@西北, via Wikimedia Commons (Panoramio), CC BY-SA 3.0.