New builds for sale in Phuket and Pattaya: prices and market, October 2026

We counted starting prices across the cards in our catalogue: prices come from project and developer websites (5 of 101 from agent and listing portals), and each carries a link and a date. Below is what came out, how we counted, and what these numbers do not show.

How much do new builds cost in Phuket and Pattaya

The median starting price across both regions is THB 5.3 million. It is the price of the cheapest unit in a project. A buyer who wants a two-bedroom apartment with a view will pay more.

By median, Phuket is twice as expensive as Pattaya: THB 6.61 million against 3.29 million. Part of the gap is mix: villas are 31% of Phuket projects and 24% of Pattaya ones. Condos give a fairer comparison: THB 4.4 million against 3.08 million, a factor of 1.4.

Q1 and Q3 are the lower and upper quartiles: a quarter of priced projects cost less than Q1 and a quarter more than Q3. "n/a" means too few priced projects: the median is shown from 3 projects, quartiles from 5. Townhouses and mixed projects (10, 4 with a price) are not listed as rows but are part of the totals. Dollars at THB 33.65 per dollar, Bank of Thailand, Weighted-average Interbank Exchange Rate, 22 October 2026.

Villas cost about 6 times more than condos: a median starting price of THB 23.5 million against 3.8 million. In Phuket villas start at THB 27.8 million (half of the priced projects sit between 20.4 and 33.5 million); in Pattaya at 9 million, but only 7 villas there have a price, which is too few to draw a pattern from.

Which areas are more expensive

The areas with the highest medians are those where the catalogue is almost all villas: Chalong (THB 29.7 million, 4 projects with a price), Thalang (22.9 million) and Cherng Talay (19.5 million). That is the price of the property type, not of the address. The lowest medians belong to condo areas: in Phuket Kathu (THB 2.29 million) and Phuket Town (2.62 million), in Pattaya Pratumnak (2.5 million), the centre (2.65 million) and the north (2.69 million). East Pattaya in the catalogue is 14 projects, all villas, with a median of THB 9 million.

Phuket

Pattaya

Areas with 3 or more projects in the catalogue are shown; the rest are combined into one row. A median needs 3 priced projects, otherwise "n/a": one project's price (for example Laguna: THB 160 million for its only priced project) does not describe an area. The area is the label on the project card. Some projects carry an administrative name (Choeng Thale, Thalang), others a beach name (Bang Tao, Layan, Laguna), so the labels overlap on the map and must not be added together.

Who each area suits: Phuket by area and Pattaya by area.

What does a square metre cost in a new build

The median across 13 condos where the developer states both the price and the area of the entry unit is THB 172,000 per sqm (about USD 5,100). In Phuket, across 10 projects, it is THB 198,000; Pattaya has only three such projects, ranging from 74,000 to 150,000. One project is an outlier: a branded residence in Laguna at THB 385,000 per sqm, which barely moves the median.

Method: a project's starting price is divided by the starting area of the same unit, for condos only, where the developer states both the price and the area of the cheapest unit. This is the price per sqm of the entry unit, usually a studio, not a project average; small units cost more per sqm. We skip villas because cards list the house area in some cases and the plot in others. Developers themselves quote a price per sqm for 10 projects, but on different bases (phase, unit type), so we keep those out of the calculation. The sample is small: a rough guide to the order of magnitude, not a market valuation.

For comparison: the Treasury’s appraisal for tax purposes puts the median Phuket condo at THB 48,250 per sqm in the 5 August 2024 snapshot. That is a valuation for registration fees, not a sale price, and it cannot be set directly against a starting price.

What stage are the projects at

Projects under construction are the largest group: 123 of 236. There are 57 in presale and 56 ready. Do not read the medians as “construction costs more than ready”: they describe different sets of projects, and each group has only 27 to 42 projects with a price.

When are the projects due

A completion date is given for only 33 of the 180 projects that are not ready yet. The other 147 are not dated on the developers’ public pages. Among the dates given, 2027 is the most common (14 projects).

A date is given for 33 of the 180 projects that are not ready yet. For 2 of them the date comes from agents rather than the developer's website, and the card says so.

What developers say about freehold and leasehold

Only 28 of 236 projects (12%) state a tenure: 8 write freehold, 4 leasehold and 16 name both options. For the remaining 208 the tenure is “to be confirmed”. What that means for a foreigner and how to check the 49% quota in a building is in the freehold and leasehold guide.

This is what the developer writes on its website, not a document check. The tenure of a specific unit and the free 49% foreign quota in the building are settled from the transaction documents.

Who builds the most

The five largest brands hold 68 projects out of 236, or 28.8%. The sample has 109 brands in all, and 78 of them have a single project. The market is fragmented. The big brands are mostly condo builders (Laguna, The Title, Sansiri, Global Top Group, Origin); Botanica and Anchan stand out among the villa builders. More on each: developers.

Brands are grouped by the card's brand field. There are 109 brands in total; 78 of them have a single project. The five largest hold 68 projects, 28.8% of the market by project count, not by sales volume.

Method and limitations

Where the prices come from. From the sale cards of the Thaipedia catalogue. For 96 projects the starting price is taken from the project or developer website, for 5 from agent and listing portals (FazWaz, Thailand-Property, Realting, an agent’s price list); each card links to the page with the price and shows the date. For the 101 priced projects the prices were captured between 9 and 21 October 2026 (90 of them on 17 October). The calculation uses the snapshot date of 24 October 2026.

What kind of price it is. The advertised starting price of the cheapest unit. It is not a transaction price, an average apartment price or a project’s price per sqm. It does not include discounts, instalment plans, promotions or purchase fees. Prices were checked against open web pages, not contracts and not calls to sales offices.

What counts as a new build. Every catalogue project on sale in Phuket and Pattaya: presale, under construction and ready buildings that the developer sells itself. Samui (34 projects), Krabi (9) and Phangan (5) are not in this edition.

What is left out of prices. The project stays in the project count but not in the price statistics:

How we count. Median and quartiles Q1 and Q3 (linear interpolation, as Excel QUARTILE.INC). An area or segment median is shown from 3 priced projects, quartiles from 5. One project is one vote regardless of the number of units. Dollars are converted at the Bank of Thailand rate.

Snapshot date

24 October 2026

Developer price checks

9-21 October 2026

Exchange rate

33.65THB per USD, Bank of Thailand, Weighted-average Interbank Exchange Rate, 22 October 2026

Projects in scope

236on sale

What we do not know.

• The catalogue does not claim to be complete: it holds the projects we found and described. How many Phuket and Pattaya new builds are missing from it, we do not know
• Projects without a public price may differ from the rest. The shares of projects with a price are similar for condos (42%) and villas (46%), and for Phuket (43%) and Pattaya (41%), but no conclusion about the whole market can be drawn from 101 projects
• An area is the label on a project card. Administrative names (Cherng Talay, Thalang) and beach names overlap
• The cards have not been checked on site: tenure, quota and mandatory fees remain “to be confirmed”

Data. The project-level table: download the CSV. It has one row per project (excluded ones too, with the reason), the price in baht and dollars, the date and link of the price source, area, type, stage, completion and stated tenure. You may reuse it with a link to this page (CC BY 4.0). A permanent copy of the table with a README is on Zenodo, DOI 10.5281/zenodo.23641091. We plan the next snapshot for the end of November 2026.

What next

Specific projects with a price, check date and developer link: Phuket new builds, Pattaya new builds and collections by budget. If you want 3-5 projects picked for your budget, write to us through the form in the catalogue.

Found an error or outdated fact? Tell the editors, we will fix it and update the check date.