Phuket property still hot

Island becomes year-round hotspot

- KANANA KATHARANGSIPORN

Phuket's property market is outperforming Bangkok’s cooling residential sector as the island transitions from a seasonal getaway to a year-round global community, primed for a new wave of international investment, according to property consultancies.

Phattarachai Taweewong, research and communication director at Colliers Thailand, said while Bangkok's market is slowing, both Thai and foreign investors are increasingly drawn to Phuket's strong growth potential.

“Phuket is a premier tourism and investment destination,’ he said. “Condos and villas continue to attract strong interest from both domestic buyers and foreign investors seeking properties for investment or residential use.”

Developers are responding by shifting capital towards Phuket, targeting long-stay demand and growth supported by a more diversified local economy.

The island is increasingly viewed asa long-term investment destination rather than a cyclical resort market, said Mr Phattarachai.

DEVELOPMENT MOMENTUM

Colliers Thailand reported more than 85 new residential projects were launched in Phuket during the first nine months of 2025.