Palm & Pine at Karon Hill — Apartments in Karon

Palm & Pine at Karon Hill: a completed hillside condominium in Karon

Palm & Pine at Karon Hill was built by Veloche Group and completed in June 2013. It stands on Patak Road in Karon, on a hill among tropical gardens. The site of about 22,400 m² holds two 6-storey buildings with just 61 residences, so the grounds feel spacious and neighbours are few.

Units come in two lines, Palm and Pine. The complex operates with hotel management and has a lobby, restaurant and clubhouse. The developer's second project, The Ark at Karon Hill, is next door.

Residence types

The unit range is unusually broad for a small building, from studios to a three bedroom home with a private jacuzzi.

Studios and one bedroom units

Palm studios of 43 m², one bedroom Palm units from 45 to 128 m² and one bedroom Pine units from 100 to 109 m². Two Pine one bedroom units come with a private pool at about 130–133 m².

Two bedrooms

Pine Superior units of 144–162 m² and Pine units with a private pool of 170–177 m².

Three bedrooms

A three bedroom unit of 146 m² is listed at 9.2M ฿ within the foreign quota. The project also has one three bedroom home of 327 m² with a private jacuzzi.

The overall price range on portals is 3.2M to 13.7M ฿.

Facilities

• Infinity pool and jacuzzi
• Gym with mountain views
• Clubhouse, restaurant and kids playroom
• Lobby and hotel management
• Landscaped gardens
• 24-hour security, CCTV and parking

Agencies report a common area fee of 55 ฿ per m².

The Karon area

Karon lies between Patong and Kata. Its beach of about three kilometres is one of the calmest of the big west coast beaches. The area has restaurants, dive centres, the viewpoint over three bays, Dino Park and a weekend temple market. Patong nightlife and Kata surf are a short drive away.

Buying terms

The building is a registered condominium. Foreigners buy freehold within the 49% quota, and other units are sold leasehold. We check the quota status of each unit before the deal.

Investment outlook

Large layouts, green grounds and hotel services attract long-term tenants. According to agencies, one and two bedroom units let for 40,000–75,000 ฿ a month. This is a reference point, not a guaranteed income.

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