
Patong Bay Residence
Patong · 305 units
FROM2,9 M
DEVELOPER PROFILE
Patong Bay Group has a single completed project on record — Patong Bay Residence, a budget-tier development in Patong with just two units currently listed for sale, priced between ฿2.9M and ฿3.2M. The narrow price band and small available inventory suggest this is a boutique or legacy holding rather than an active development pipeline. Patong itself is Phuket's most commercially dense coastal district, drawing buyers who prioritise rental yield from short-term tourism traffic over capital-growth plays typically associated with quieter west-coast corridors like Layan or Kamala. For investors considering Patong Bay Group, the relevant lens is resale liquidity on a completed asset — not off-plan risk or phased delivery. The data available is limited to this single project, so the profile below reflects that scope honestly rather than extrapolating a broader developer narrative.
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ABOUT THE DEVELOPER
Patong Bay Group operates exclusively in Patong, the commercial and nightlife hub on Phuket's west coast. For buyers, Patong carries a specific investment thesis: short-term rental demand is structural given the district's year-round tourist footfall, but long-term capital appreciation tends to lag quieter, more resort-oriented neighbourhoods. Purchasing here is a yield-first decision.
The group's only recorded project, Patong Bay Residence, is listed as completed — though no total unit count is available in the data, and no completion year is recorded. Two units are currently on the market, priced at ฿2.9M and ฿3.2M respectively. This is resale or secondary-market inventory on a delivered building, not off-plan purchasing. Buyers are transacting on an existing physical asset, which removes construction and delivery risk from the equation entirely.
At ฿2.9M–฿3.2M, Patong Bay Residence sits at the budget end of the Phuket condo market. Entry-level units in Patong from other developers frequently start in a similar band, so pricing here is broadly in line with the district's lower tier rather than representing a discount or premium outlier.
With one project, two available units, and no recorded completion timeline or unit total in the data, Patong Bay Group carries meaningful concentration risk — there is no portfolio depth to assess build quality consistency, delivery track record, or developer reliability across multiple projects. Due diligence on the specific unit title deeds, building management, and juristic person accounts for Patong Bay Residence is essential before committing capital.
Editorial draft assisted by AI · Reviewed by Roman, 2026-05-10
FREQUENTLY ASKED
One project is on record: Patong Bay Residence, located in Patong. The development is listed as completed. There are no upcoming or off-plan projects in the available data, making this a single-asset developer profile at this stage.
The project status is recorded as completed, meaning the two listed units — priced at ฿2.9M and ฿3.2M — are on a delivered building. Buyers would be purchasing existing stock rather than entering an off-plan contract, which eliminates construction completion risk.
The two units currently listed range from ฿2.9M to ฿3.2M, placing them in the budget tier of the Phuket condo market. The entry point of ฿2.9M is consistent with lower-tier inventory in Patong more broadly.
Patong is Phuket's highest-footfall tourist district, sustaining demand for short-term rentals throughout the year. Budget-priced units in the ฿2.9M–฿3.2M range can generate proportionally competitive gross yields if the building permits short-term letting — buyers should verify the juristic person's rental policy directly before purchase.