Savills Thailand counts over THB214 billion of projects under development or being pushed forward in Phuket, alongside 4,166 new homes launched in the first half of 2026.
Savills Thailand's compilation puts public and private projects under development or being pushed forward in Phuket at more than THB214 billion, spanning airports, mass transit, health care, retail and large mixed-use schemes. A second outlet reports the same figure.
The main projects
On transport, the list includes the New Andaman Airport at about THB80 billion, light rail phase 1 with a budget framework of about THB35.35 billion, and a phase 2 expansion of Phuket International Airport at about THB10 billion. Synthesis Ark Phuket adds about THB50 billion.
In retail and lifestyle there are ICONPHUKET at about THB10 billion and Siam Premium Outlets Phuket at about THB5 billion.
The housing market
In the first half of 2026 Phuket saw 67 new residential projects launched, 4,166 units in total, with a development value of about THB52.955 billion.
Condominiums made up the most units, 16 projects and 3,466 units or about 83% of new units, while villas, at 51 projects and 700 units, were worth about THB32.505 billion, over 61% of the total value.
What to keep in mind
The THB214 billion figure is the value of projects Savills counts as under development or being pushed forward. It does not mean every project is fully approved or built, so check each project's status before relying on it.
If you are considering buying or investing here, compare locations against the projects above and confirm each project's status with the agency or developer behind it.
Written by the NextSpace+ team from the sources listed below, not copied from them. For information only, not investment advice.