Marriott and Capstone launch luxurious residences in Phuket!

Marriott and Capstone launch luxurious residences in Phuket!

Big things are happening in Phuket! Marriott International and Capstone Asset have signed a promising agreement to develop the “PEYLAA Phuket, Autograph Collection Residences”. This impressive construction not only entails a huge investment volume of over 5,000 million baht, but also a 5-star hotel with 126 rooms and four commercial spaces. The project, located near Bang Tao Beach, will be built on an area of ​​over 10 rai (approximately 4,000 million baht), setting a new benchmark for luxury housing in the region.

The development comprises a total of three buildings with seven floors and 408 units in total. The first phase of construction with 263 units is scheduled to begin early next year, while the second phase with 145 units will be completed by the end of 2028. The apartments are fully furnished and offer a variety of sizes, from 1 bedroom (45 m²) to 3 bedrooms (129 m²). Prices start at 7.2 million baht, which is around 170,000 baht/m².

Exclusive amenities and a unique concept

The extensive facilities include three beautiful swimming pools, a fine restaurant, a modern fitness studio and a tennis court. The renowned design company Gensler, one of the largest hospitality design companies in the world, contributed its know-how to the design of the PEYLAA Phuket Residences. This ensures that the project impresses not only with its name, but also with well-thought-out design and first-class safety standards.

A special feature of this project is that it is considered the first Autograph Collection Residences in the Asia-Pacific region and the 15th in the world. The Autograph Collection, which was launched in 2009, stands for individual hospitality and exquisite design. These branded living spaces offer respite in a stylish ambience and rely on four key brand pillars: timeless renewal, thoughtful textures, graceful spirit and effortlessly sophisticated furnishings.

Phuket on the rise

Known for its stunning beaches and vibrant culture, Phuket continues to emerge as the top luxury property destination in Asia. According to PropertyNewsAsia, Thailand leads the Asian market for branded residences, with a market share of 23.3% in 2024. The upward trend is clear: Bangkok and Phuket recorded more than 68,000 units sold, an increase of 11% compared to last year. Foreign investors, especially from countries like Russia, are driving this development further.

With the attractive visa requirements and the opportunity for foreigners to own up to 49% of the condominiums, Phuket is becoming increasingly attractive for foreign buyers interested in real estate. Popular projects here are not only the new PEYLAA Phuket Residences, but also the Porsche Design Tower in Bangkok or Tri Vananda in Phuket, all of which offer a high quality of living.

Capstone Asset is optimistic about future development: In addition to the PEYLAA project, the company is also planning a 5-star hotel in Na Tai, Phang Nga, which is expected to make relevant progress by the end of 2028. With a valuable concept in one of Thailand's most sought-after markets, Capstone Asset is excited about the future.

The partnership between Capstone Asset and Marriott International is not just a simple agreement, but a step towards a new era for branded residential projects in Thailand. Forbes Thailand and Nation of Thailand report that the focus is now on superior construction quality and tailored services that set PEYLAA Phuket apart from other condominiums. Marketing it as a luxury project in the heart of Phuket could significantly increase its appeal to international buyers.

So if you're looking to invest in Phuket's exceptional lifestyle, PEYLAA could be the answer. The combination of high-class design, fantastic amenities and a first-class location is sure to make many hearts beat faster.

Discover more about the emerging project at Property News Asia.