Luxury living on Kamala Beach: InterContinental Residences takes off!

Luxury living on Kamala Beach: InterContinental Residences takes off!

Proud Real Estate Public Company Limited recently announced the launch of a new, exciting project: the Residences at InterContinental Phuket Resort. With an investment volume of over THB 2.5 billion (approximately USD 77 million), this project represents the second branded residence offering in Thailand under the renowned InterContinental brand. This new residential complex will be built on the picturesque Kamala Beach in Phuket under the motto “Live Beyond Boundaries in Paradise”. The development comprises a total of 111 exclusive units, offering residents access to world-class amenities.

A very special highlight of the Residences is that they offer a combination of luxury, sea views and the professional hospitality of the neighboring InterContinental Phuket Resort, which has been awarded two Michelin Keys. According to Yahoo Finance, the property's architectural influences are an interesting mix of Sino-European and Peranakan styles, creating a unique ambience. Available living spaces range from a compact 58 m² for a one-bedroom unit to a generous 425 m² for the luxurious five-bedroom penthouse units, with prices starting from THB 15 million.

**Luxurious Amenities and Services**

When it comes to equipment, the residences rely on innovative features such as hydro massage and an Aqua Symphony, as well as a modern Technogym fitness center. The project is also aiming for global Fitwel certification to promote the well-being of residents. In addition, it offers 24-hour concierge service, multiple pools and entertainment options. For those interested, the sales office is located directly at the InterContinental Phuket Resort. The Kamala area is now viewed as a luxury lifestyle destination, with a growing focus on sustainable development plans by government and private players.

**Phuket as a real estate hotspot**

Phuket itself has developed enormously in recent years and is considered Thailand's largest island and most popular tourist destination. Demand for real estate is particularly fueled by excellent infrastructure, including a modern international airport, as well as an ever-growing expat community. Before the pandemic struck, the island was visited by over 10 million visitors annually, which also drove up property prices. According to Emigration to Thailand market research, the real estate market has stabilized since 2022 and is now showing positive price developments after a decline during the pandemic.

The price trends in the real estate market from 2020 to 2025 show a notable increase, especially in the luxury segments. For example, luxury villas on the west coast are expected to cost between 15 and 50 million THB (400,000 to 1,300,000 EUR). The Kamala and Surin regions are also experiencing high demand and associated increases in value of up to 30% since 2020.

**New developments and culinary highlights**

In addition to the residences, the surrounding area of ​​Kamala is being further enhanced by numerous new projects. This includes the development of an eight-berth marina and a new culinary destination where Thai gourmet cuisine takes center stage. A cooking school and wellness clinic are also planned, which will expand the offerings for future residents and tourists. The region's first rooftop observatory will also be built, which should further increase the attractiveness of the area. According to Nation Thailand, the criteria for potential buyers is extremely high, particularly in terms of location and construction quality.

Overall, it shows that Phuket remains a mecca for real estate investors, especially with a view to future trends such as sustainability, smart homes and flexible living concepts. More and more people are seeking not only a luxurious lifestyle, but also a personal and seamless ownership experience. Anyone who speculates with an investment in one of the new projects is certainly doing good business.