This is the lowest-priced way into the project. Studios come in three types: A at 29.3 m², C at 29.45 m² and D at 31.75 m². The size difference is small, but the position of the entrance, bathroom and bed varies, so compare the types by their plans and not only by the area figures.
A single space combines the sleeping area, kitchen unit and seating, with one separate bathroom. Renderings show a sofa beside the bed, a TV opposite and a glass-fronted wardrobe along the wall. The apartment is handed over finished and air-conditioned, and the furniture package is ordered separately.
Prices start at 4,400,000 ฿, from 152,000 ฿ per metre. Maintenance at 60 ฿ comes to about 1,760–1,910 ฿ a month, paid once a year. The one-off sinking fund contribution is 11,700–12,700 ฿, plus 5,000 ฿ for meters. Quota Freehold adds roughly 293,000–317,500 ฿.
One person or a couple wintering or on holiday, when the priority is being a 10-minute walk from Rawai Beach and the promenade. Buyers looking at letting will note the low entry cost. The developer states a 6% return for three years, and the terms should be checked in the contract. Moving in will not be immediate: delivery is phased, so confirm the date for a specific studio.
Current prices and available apartments are in Telegram: t.me/thai_dir.
Size 29–32 m², Studio, 1 bathroom. Price from 4,400,000 ฿, about 152,000 ฿ per m². Completion Q4 2028.
Other layouts at VIP Space Odyssey: 1 bedroom 32–46 m², 2 bedrooms 60–68 m². All layouts and terms are on the VIP Space Odyssey page.
🌴 Beaches
Rawai Beach — 800 m, about a 10-minute walk
Nai Harn Beach — 6–8 minutes by car
Promthep Cape — about 4 minutes
🛍 Shopping
Villa Market — about 5 minutes
Makro — about 5 minutes
🏥 Hospitals
International Medical Center — about 7 minutes
🎓 Schools
ISP and BCIS — 20–25 minutes
✈️ Airport
Phuket Airport — about an hour
🏠 In the building
Developer: VIP Thailand Development Company
Height: 8 floors, 4 buildings
Apartments: 619
Sizes: 29–68 m²
Completion: phased, by Q4 2028
Ownership: Leasehold or quota Freehold
🏊 Pool
Panoramic pools and terraces
🏋 Sport
Fitness rooms
Spa
🍽 Restaurants
Restaurants with Thai and international food
Lounge areas
🏠 In the building
Kids club and play areas
Shops and reception
4 passenger and 2 service lifts per building
🚗 Parking
One space per apartment
🔒 Security
24-hour guards
💳 Payment
Reservation — 200,000 ฿
30% within 30 days of reservation
30% on completion of foundations
30% when structure and roof are ready
10% at handover
💰 Terms
Registration: 1.1% for Leasehold, 6.3% for Freehold shared 50/50 with the developer
Freehold premium — 10,000 ฿ per m²
Sinking fund — 400 ฿ per m² one-off
Maintenance — 60 ฿ per m² per month, paid annually
Meters — 5,000 ฿
VIP Thailand Development Company was founded in 2015 and works in Phuket. It handles property development and construction, property management and brokerage. Its current focus is on boutique projects, resort-style villas and hotels.