New condo developments in Phuket: 9 checked projects under construction, their handover dates and how off-plan payments are protected

Of the 41 condo complexes in our fact-checked directory, 9 are under construction according to their latest status check (6 May 2026 – 14 October 2026). This page lists them with the handover dates our cards record, where they stand, what our listing sample shows about their asking prices, and the official Thai rules that protect a buyer who pays before the building is registered. It ranks nothing and sells nothing.

Every project links to its own English page with the facts, the Treasury match and every asking-price observation of our sample; the Russian card behind it is linked there. Handover dates are what the catalog and developer cards stated at the status check — not promises, and not ours to make.

Under construction: the checked projects

Where the new developments are

• Choeng Thale (Bang Tao, Laguna) — 6 under construction: AYANA Heights Seaview Residence, Layan Green Park Phase 2, Layan Verde, The Base Cherngtalay, The Liberty by Wallaya, The Trees Residence by Anocha.
• Kamala — 1 under construction: Citygate / Citygate De Phuket.
• Sakhu (Nai Yang, airport side) — 1 under construction: The Title Serenity Naiyang.
• Without an area tag in our data — 1: Arise Vibe.

Island-wide, the median asking price of our sample is THB 3,770,000 (1,138 listings, 19 April – 25 October 2026); by area, bedrooms and budget band: Phuket property prices. Per-project medians above are printed only where the Russian card prints one.

Completed recently

Ready complexes whose card records completion in 2025 or later (9; the threshold is one year before the directory's fact-check date, 6 October 2026):

• CANVAS Cherngtalay — completed, 2025; status checked 6 May 2026; median asking price THB 10,385,588 from 28 observations in our sample.
• Laguna Beachside — completed, 2025; status checked 6 May 2026; median asking price THB 17,000,000 from 7 observations in our sample.
• Laya Resort Phuket — completed, 2025; status checked 6 May 2026; 1 asking-price observation in our sample, no median at this count.
• Skypark Celeste Laguna Phuket — completed, 2025; status checked 6 May 2026; median asking price THB 8,481,312 from 6 observations in our sample.
• Space Cherngtalay Condominium — completed, 2025; status checked 6 May 2026; median asking price THB 3,501,144 from 13 observations in our sample.
• The Aqua — completed, 2025; status checked 6 May 2026; median asking price THB 8,900,000 from 7 observations in our sample.
• The Ozone Condominium — completed, 2025; status checked 6 May 2026; median asking price THB 9,790,000 from 4 observations in our sample.
• The Title Legendary Bang Tao — completed, 2025; status checked 6 May 2026; median asking price THB 6,750,000 from 10 observations in our sample.
• Harmony Condominium — completed, 2025; status checked 6 May 2026; 1 asking-price observation in our sample, no median at this count.

Buying off-plan: the official rules

The reservation agreement has a mandatory form (since 31 January 2025)

Reserving a unit in a condominium under construction or not yet registered is governed by a standard contract form prescribed by the Contract Committee of the Office of the Consumer Protection Board (OCPB): announced in August 2024, published in the Royal Gazette on 3 October 2024, in force since 31 January 2025. The form requires a written agreement in Thai, in two identical copies with one handed to the buyer at once (electronic reservations follow the electronic-transactions rules); the seller may keep the reservation money, in whole or in part, only when the buyer is the party in breach; no fee may be charged for assigning the reservation to another buyer. It applies to condominiums — a villa or land reservation is not covered: there the general rules of contract apply and are checked separately. Ask for exactly this form before you pay and keep your copy; a request to «just transfer the deposit» without a contract is the case with no protection. Compliance is supervised by the OCPB (hotline 1166, online complaints at complaint.ocpb.go.th, the OCPB Connect app). OCPB explanation on the government portal GCC, OCPB: checks of reservation agreements.

Advertising binds the seller; the sale contract has a prescribed form

Section 6/1 of the Condominium Act makes advertising part of the sale contract: the seller must keep copies of the advertising, and where the advertising and the contract differ, the reading favours the buyer. Section 6/2 prescribes the contract form; terms that depart from it to the buyer's detriment are void. Fines for the seller (Sections 63 and 64): up to THB 100,000 for departing from the form or the advertising rules, and THB 50,000 to THB 100,000 when the advertising differs from what was filed at the project's registration. Keep the brochures, floor plans, specifications, the list of fittings and the correspondence; compare the sale agreement with the prescribed form before signing — in the Thai text that a court would read, not only the English version. Condominium Act, Thai text published by the Department of Lands, unofficial English translation (WSR Law Group).

Escrow exists, but no law obliges a developer to use it

The Escrow Act B.E. 2551 (2008) defines an escrow agent as a licensed, neutral third party that holds the money or documents and releases them when the agreed conditions are met. The licence is granted by the Ministry of Finance; using the name «escrow agent» without one is punishable (fine up to THB 1,000,000). The account is opened in the agent's name for the parties, the agent may have no direct or indirect interest in either party — so an account held by the developer or for the developer is not escrow under this Act; in a dispute the agent releases nothing until the parties agree or a court decides, unless the escrow agreement provides otherwise; the fee is split equally by default and is not taken from the escrowed sum; if the agent goes bankrupt the account is kept out of the estate by the Official Receiver and the Escrow Regulation Committee. The Act was amended by Act No. 2 B.E. 2562 (2019); the English text is a reference translation, the Thai text applies. Nothing in the Act obliges a developer to accept an escrow proposed by the buyer: by default instalments go straight to the developer. The Bank of Thailand allows commercial banks to run escrow services (notification FPG 1/2554 of 25 April 2011) — but a bank account with withdrawal conditions is not by itself escrow under the Act: ask the bank for the agent's legal entity and licence number, the escrow agreement number and the bank's role in your deal, the release rules and the dispute procedure, and the payment details with a confirmation of receipt — and do not transfer money on the strength of one letter from the project's manager. Escrow Act B.E. 2551, reference translation (Fiscal Policy Office, PDF), Escrow Act No. 2 B.E. 2562 (Fiscal Policy Office), Bank of Thailand: permission for commercial banks to operate escrow services (PDF).

Developer instalments are a contract, not a bank product

Paying a developer by instalments tied to construction stages is common in Phuket; it is a payment schedule under the sale contract, not a loan — bank rates and bank requirements do not apply, the contract sets everything. Put in writing: the amounts and dates of every payment; the construction stage each tranche is tied to; the final payment at handover; what happens to the schedule and to the money already paid if the project is late, if the buyer is late, or if the buyer withdraws — the penalties and the right to terminate; when the title is registered if the price is not fully paid; whether an escrow, if any, covers every instalment or only part of them. Money paid to a developer reduces the balance under his contract — it is not a mortgage down payment and sets no terms for a bank. We publish no developer's terms: read them in the contract and on the project's official page, not in advertising.

Foreign ownership financing is separate

A foreigner who buys under Section 19(5) of the Condominium Act still has to show the Land Office the evidence of foreign-currency funding required by the Department of Lands' regulation on condominium ownership by foreigners; an escrow does not replace it. Agree the currency, the sender, the receiver and the bank's confirmations with your bank, the agent and your lawyer before the first payment; do not assume that the foreign-exchange transaction form (FET) is issued automatically once a threshold amount is reached. Department of Lands: regulation on condominium ownership by foreigners (2004) and Can foreigners buy property in Phuket?.

Before you pay a deposit

1. Check the completion date on the card against the contract and the actual state of the site — a season of rain is not by itself force majeure.
2. Which title a foreigner can hold in this unit, freehold within the 49% quota or leasehold, in writing.
3. The payment schedule, the delay penalties, the termination and handover terms.
4. The developer company in the DBD company registry, the building permit and the environmental approval of the project.
5. Who receives each payment and under which legal construction — a licensed escrow agent, a bank with a defined role, or the developer directly.
6. A due-diligence report from an independent Thai lawyer before any large payment.

These rules were checked for our Russian guide on 1 October 2026; this page translates that guide and adds nothing to it. It is educational material, not legal advice: before a deposit, a sale agreement or a registration, verify every statement with a licensed Thai lawyer, at the Land Department and in the DBD company registry on the date of your deal.

Russian reading: Эскроу в Таиланде: защита оплаты новостройки · Новостройка или готовое жильё на Пхукете · Покупка у застройщика на Пхукете: как устроено.

Questions and answers

Where to go next

• Phuket condo projects — all checked complexes, one section each.
• Phuket areas for buyers — the nine areas compared, with their beaches and price medians.
• Can foreigners buy property in Phuket? — the condominium quota, land and villas, with a checklist.
• The cost of buying a condo in Phuket — the official fees and taxes with a worked example.
• Phuket condo purchase costs calculator — the official fees computed for your own price and assessed value.
• Phuket property investment — entry prices, asking against assessed value, resale taxes.
• Phuket area quiz — five questions, then two or three areas that match your answers.

Sources

Official sources, checked on 15 October 2026:

• Condominium Act B.E. 2522 (1979), as published by the Department of Lands (PDF, in Thai): Sections 19, 19 bis, 19 ter and 19 quater — who may own a unit as a foreigner, the 49% floor-area quota and the evidence shown at the transfer.
• Fiscal Policy Office: Escrow Act B.E. 2551 (2008), reference English translation (PDF): what an escrow agent is, the licence, the account, the agent's independence, disputes and fees; amended by Act No. 2 B.E. 2562 (2019).
• Department of Lands: regulation on condominium ownership by foreigners (2004) (in Thai): the evidence a foreign buyer shows at registration — escrow does not replace it.
• Our data: Phuket condo asking prices (methodology and downloads; the figures on this page come from this JSON file) and official Phuket condominium assessment rates (Thai Treasury Department data, not market prices).
• Project facts and statuses: our Russian cards, fact-checked 6 October 2026; every status carries its own check date.

Last checked: 15 October 2026. Figures of the price sample follow the Russian cards and our daily price release; the off-plan rules were checked for our Russian guide on 1 October 2026 and are not legal advice.

Russian version: Новостройки и off-plan на Пхукете.