BANGKOK: Phuket’s housing market has properties worth 194.545 billion baht (US$5.84bil) awaiting buyers in 2026, placing it second only to Bangkok and its surrounding provinces, as continued investment brings closer scrutiny of nominee ownership and encroachment on public land.
The island’s appeal to developers and foreign purchasers remains strong, supported by rental returns and demand for expensive homes.
Yet growing competition and signs of slower sales are complicating the outlook, while disputes over public space expose pressures on local communities.
Research cited from the Thai Real Estate Research and Valuation Information Centre of the Agency for Real Estate Affairs puts the average price of available property in Phuket at 12.921 million baht per unit, above other surveyed markets.
Authorities intensified scrutiny of suspected nominee arrangements during 2026, examining cases in which Thai shareholders or titleholders allegedly act on behalf of foreigners to circumvent restrictions on property ownership or business operations.
The prime minister visited Bang Tao beach in Cherng Talay subdistrict, Thalang district, on May 10, 2026, to follow up on encroachment on public land. He stressed that nominee arrangements and legal loopholes must not be allowed to threaten the public’s interests. — The Nation/ANN
