The Proud Residence — Apartments in Karon

The Proud Residence: a new hotel-managed condominium in Karon

The Proud Residence was built by Art House Group and completed in 2024. It is a large project: 191 residences in a building of up to 12 storeys on a site of about 19,200 m². Common areas are managed by Wyndham Hotel Group, bringing hotel-level service.

The buildings wrap around a lagoon pool with tropical planting, while the lounge, restaurant and gym in the developer's renders look out over the sea and Karon Beach.

Residence types

All units are compact, about 35 m²: studios and one bedroom apartments. Finishes are light with timber, and some units have a bathroom with a freestanding tub.

Studio

About 35 m², listed from 5.6M ฿ within the foreign quota.

One bedroom

About 35 m² with one bathroom. Listed from 4.7M ฿ leasehold and from 5M ฿ within the foreign quota, up to 6.4M ฿ on higher floors.

Facilities

• Lagoon pool and garden
• Kids room and lounge
• Gym and sauna
• Restaurant and reception
• Laundry and dry cleaning
• Parking and backup generator
• 24-hour security, CCTV and key card access

The Karon area

Karon lies between Patong and Kata on the west coast. Its beach of about three kilometres is calmer than Patong and suits families. The three-bay viewpoint, Dino Park, restaurants and shops are nearby. Patong with its nightlife and malls is a drive away, as is Phuket Town.

Buying terms

The building is a registered condominium. Foreigners buy freehold within the 49% quota, with other units sold leasehold. Both are on the resale market, and the price difference is noticeable.

Transaction costs

On a resale purchase, title is registered at the Phuket Land Office. The standard transfer fee is 2% of the appraised value, and the seller pays either 3.3% specific business tax or 0.5% stamp duty. The split of costs between the parties is set in the contract.

Investment outlook

Compact units in a new building managed by an international hotel operator suit letting. According to agencies, a one bedroom unit rents long term for 30,000 ฿ a month. This is a reference, not a guaranteed income.

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