2025-04-28-莱坊-Phuket_Villa_Condominium_Market_2024_7页_1mb

Phuket Villa & Condominium Market Summary: 2024 Year-End Overview by Knight Frank Thailand

Overall Market Performance

Phuket's tourism continues to drive demand, resulting in consistent hotel occupancy rates that positively impact the villa and condominium markets. 2024 was the real estate sector's most vibrant year in a decade, with strong sales figures, record new project launches, and increased supply across all zones.

Popular Areas for Buyers

• Luxury Zone: Attracts affluent expatriates and investors; key locations include Laguna (Bang Tao), Cherng Talay, Layan, and Naithon.
• Tourist Hotspot: High rental demand year-round, especially in Rawai, Nai Harn, Karon, Patong, and Surin. Expatriates favor areas like Rawai Beach.
• Beachfront/Sea View Properties: Ideal for privacy and rental investments; key locations such as Kamala and Bang Tao have limited supply, contributing to high prices.

Supply and Demand Overview

• Supply: Total condominium supply reached 38,276 units, up 50.9% year-on-year with a focus on high-demand areas like Phru Champa. New villa supply totaled 6,660 units, with a 148.3% increase, led by Bang Tao area.
• Demand: Condominium sales increased 59.8% to 6,156 units, with Bang Tao being the top seller. Villa sales rose 18.1% to 573 units. buyers are primarily from Russia and China,看重_rental_yields for investment.

Pricing Trends

• Apartment prices average 140,000 THB per square meter, with a slight 0.59% increase due to rising land costs and focus on high amenity areas. Villa prices range from 5.9 million to 255 million THB, reflecting an upward shift driven by demand for larger spaces.

Future Outlook for 2025

• Continued growth expected from tourism-driven demand, with primary buyers from Russia, China, Europe, and newcomers like Uzbekistan. Infrastructure developments, such as Bumrungrad Hospital, may boost growth in less-developed areas. However, potential economic challenges or reduced tourist arrivals could impact rental yields and market buoyancy. New supply may lead to increased competition and slower sales for some developments.