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Phuket · ThailandCondominiumPre-sale

VIP Space Odyssey (Phase 1) - new condo development in Phuket

Pre-sale condo project with 290 units ranging from 29.3 m². Scheduled completion: end of 2027.

Project parameters

Property type
Condominium
Construction status
Pre-sale
Unit sizes
29.3–60 m²
Bedrooms
0–2
Completion date
2027-12-31

Our analysis of the project

VIP Space Odyssey (Phase 1) is a new condohotel project in Phuket that our analysts are monitoring in the pre-sale phase. The development comprises 290 residential units with floor areas ranging from 29.3 to 69.3 m², and a scheduled completion date of December 2027.

The developer has planned three layout types: studios measuring 29.3 m², one-bedroom units at 32 m², and two-bedroom apartments with 60 m² of floor space. This size structure reflects a typical product segmentation for condohotel projects on the island, aimed at both short-term rental markets and owners planning periodic personal use.

Common infrastructure includes a swimming pool, children's zone, and fitness centre. These three elements form the standard amenities package in the Phuket condohotel segment and contribute to the attractiveness of units for both tourist tenants and families with children.

From an analytical perspective, VIP Space Odyssey (Phase 1) targets buyers considering participation in a condohotel rental scheme or investment in the studio and compact segment, which historically have shown higher occupancy rates. The planned completion at the end of 2027 means approximately three years until key handover, which aligns with the standard construction cycle on the island for developments of this scale.

It should be noted that the Phuket condohotel market shows variation in actual rental performance - achieved rates and occupancy levels depend on micro-location, the managing operator, and construction quality. Our analysts recommend verifying the developer's track record, management agreement details, and comparing floor area metrics to analogous projects available on the secondary and primary markets.

Amenities

  • plavatelnyy-basseyn
  • detskaya-zona
  • sportzal

Property analytics

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  • Price per m² against the district
  • Estimated rental yield
  • Price index dynamics (Bank of Thailand)
  • Available units in the project
  • Developer's payment schedule

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