Market report · Q4 2026
Phuket Property Market Report Q4 2026
Every quarter, our own price, rent and yield figures, set against the published studies on supply, sales and foreign buyers.
TL;DR
The Phuket market in Q4 2026
Phuket, Q4 2026: from our listings on 2 November 2026, a villa sells for a median ฿78,000 per m² of built area and a condo for ฿138,000; a villa rents for ฿190,000 a month and yields about 6.8% gross. In 2025, launches halved (Knight Frank) while villa sales rose 12.9% and foreign condo purchases 18.3% (Krungsri Research).
- villa, median price per m²
- ฿78,000
- condo, median price per m²
- ฿138,000
- villa, median monthly rent
- ฿190,000
- villa, gross yield
- 6.8%
Our figures are recomputed whenever our listings change; third-party figures are those of the latest published reports, checked on 31 October 2026. Next edition: January 2027.
01
This quarter in our listings
Asking prices and rents of the villas and condos we offer, for sale and on long-term lets. The breakdown by area and bedroom count is on our data pages.
| Indicator | Villas | Condos |
|---|---|---|
| Median asking price | ฿33,400,000 | ฿5,960,000 |
| Median price per m² of built area | ฿78,000 | ฿138,000 |
| Typical range per m² (25th–75th percentile) | ฿65,000 – ฿97,000 | ฿106,000 – ฿154,000 |
| Median monthly rent (long-term) | ฿190,000 | ฿80,000 |
| Typical rent range | ฿150,000 – ฿275,000 | ฿44,000 – ฿140,000 |
| Rental yield | 6.8% gross / 5.1% net | — |
| Sale / rental listings counted | 166 / 343 | 35 / 11 |
02
Prices and rents by area
Medians by area, from the priciest per m² down. A dash marks an area where we do not have enough comparable homes to publish a figure.
| Area | Villa, price per m² | Condo, price per m² | Villa, monthly rent |
|---|---|---|---|
| Kamala | ฿211,000 | — | ฿165,000 |
| Cape Yamu | ฿128,000 | — | ฿340,000 |
| Layan | ฿92,000 | — | ฿273,000 |
| Phuket Town | ฿79,000 | — | ฿13,000 |
| Bang Tao | ฿76,000 | ฿146,000 | ฿200,000 |
| Thalang | ฿74,000 | ฿146,000 | ฿145,000 |
03
Supply, sales and new-build prices
Developers slowed down in 2025: condo launches fell to 5,073 units (−51.7%) and villa launches to 774 units (−48.2%), according to Knight Frank. Condo sales fell while villa sales grew. On prices, Colliers puts the average condo at ฿149,070/m² in 2025 and forecasts ฿150,000/m² for 2026 — close to flat. In the first half of 2026, CBRE sees condos picking up (4,487 units (+20.9%) launched, 4,017 units (+10.6%) sold) and villas slowing sharply (224 units (−58.0%) launched, 233 units (−18.5%) sold), with 72.6% of villa supply already sold.
| Indicator | Units |
|---|---|
| Condo units launched | 5,073 |
| Condo units sold | 4,455 |
| Villa units launched | 774 |
| Villa units sold | 631 |
Source: Knight Frank Thailand, Phuket Villa & Condominium Market, Year-End 2025.
| Indicator | Period | Figure | Source |
|---|---|---|---|
| Condo units launched | 2025 | 5,073 units (−51.7%) | Knight Frank Thailand |
| Condo units sold | 2025 | 4,455 units (−24.8%) | Knight Frank Thailand |
| Villa units launched | 2025 | 774 units (−48.2%) | Knight Frank Thailand |
| Villa units sold | 2025 | 631 units (+12.9%) | Knight Frank Thailand |
| Average condo price per m² | 2025 | ฿149,070/m² | Colliers Thailand, via Undersun Estate |
| Average condo price per m², forecast | 2026 | ฿150,000/m² | Colliers Thailand, via Undersun Estate |
| Condo units launched | H1 2026 (year on year) | 4,487 units (+20.9%) | CBRE Thailand |
| Condo units sold | H1 2026 (year on year) | 4,017 units (+10.6%) | CBRE Thailand |
| Villa units launched | H1 2026 (year on year) | 224 units (−58.0%) | CBRE Thailand |
| Villa units sold | H1 2026 (year on year) | 233 units (−18.5%) | CBRE Thailand |
| Share of all villa supply sold | end of H1 2026 | 72.6% | CBRE Thailand |
| Share of all condo supply sold | end of H1 2026 | 71.9% | CBRE Thailand |
| Newly marketed homes | 2026 survey | 13,779 units | Agency for Real Estate Affairs (AREA), via The Nation |
| Monthly absorption rate | 2026 survey | 5.2% | Agency for Real Estate Affairs (AREA), via The Nation |
| Unsold homes, cumulative | 2025 | 14,008 units (+33.3%) | Krungsri Research |
04
Foreign buyers
According to Krungsri Research, condo transfers to foreigners in Phuket reached 1,190 units (+18.3%) in 2025, worth ฿6.1 billion (+18.9%), and 420 units (+52.2% on Q1 2025) in the first quarter of 2026. Nationalities, rules and detailed figures: see our foreign buyer page.
- condos transferred to foreigners, 2025
- 1,190 units
- value of those transfers, 2025
- ฿6.1 billion
- condos transferred to foreigners, Q1 2026
- 420 units
05
What we are watching
Four signals for the coming quarters, to read alongside our figures rather than instead of them.
Method
Method, data and citation
Our figures describe the supply we handle — mostly pool villas on the west coast and in the south — and cover asking prices and rents, before negotiation. Third-party figures are quoted as published, with their period and source.
Empire Estates Phuket, “Phuket Property Market Report Q4 2026”, data as of 2 November 2026, https://empire-estates-phuket.com/market/phuket-property-market-report — licence CC BY 4.0: free to reuse with attribution.
FAQ
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We compare a specific property with the prices, rents and yields in this report, area by area.
Sources
Third-party figures quoted in this report (checked 31 October 2026).
- Phuket Villa & Condominium Market, Year-End 2025 — Knight Frank Thailand (year-end 2025 report)
- Phuket Overall Figures H1 2026 — CBRE Thailand (H1 2026 report)
- Industry Outlook 2026–2028: Housing in Phuket — Krungsri Research (28 August 2026)
- Phuket supply, demand and price per sqm in 2026 — Colliers Thailand, via Undersun Estate (26 August 2026)
- Phuket property market hits 705bn baht as foreign buyers drive resort demand — Agency for Real Estate Affairs (AREA), via The Nation (12 September 2026)