PROJECT

Completed

The Kris Residence

in Patong, Phuket

Answered by a Phuket expert
109

CONDOS

5

FLOORS

2011

COMPLETION

The Kris Residence

ABOUT THE PROJECT

The Kris Residence is a completed condominium development in Patong, Phuket's busiest and most recognisable west-coast beach resort town, built around the roughly 3-kilometre Patong Beach and the Bangla Road nightlife strip. It is aimed at buyers seeking a lock-up-and-leave holiday unit or a rental-oriented apartment rather than a quiet suburban base: Patong carries the island's deepest short-let holiday demand and its steadiest year-round tourist footfall, anchored by Jungceylon mall, hundreds of restaurants, bars, dive shops and a hillside of sea-view condominiums above the bay. The Kris Residence sits inside this walkable, high-energy grid, so owners and tenants can reach the sand, the beach promenade and the entertainment core on foot or by a short tuk-tuk ride, without needing a car for daily life.

Location and access

Patong occupies the middle of Phuket's west coast, and The Kris Residence benefits from the town's compact layout: the beachfront, Jungceylon, Bangla Road and the main hospital and banking strip are all within easy reach. Kathu, with its golf courses, is roughly a 10-15 minute drive over the hill, and Phuket Town's markets, schools and old-town heritage quarter sit a similar distance away on the other side of the island's central ridge. Phuket International Airport is about 45 minutes to the north, connecting the development to the island's main gateway for both owners flying in and short-term guests. This central position is what makes Patong condominiums, including units at The Kris Residence, practical either as a personal holiday base or as a managed rental unit aimed at the town's constant flow of visitors.

Ownership structure

As a condominium, The Kris Residence can be purchased on a freehold basis by foreign buyers, subject to Thailand's condominium law that caps foreign freehold ownership within any single project at 49% of the total saleable floor area, with the remaining 51% held on a Thai-majority or leasehold basis. This is the standard route for individual apartment or condo units in Thailand and is more straightforward than the leasehold or Thai-company structures typically used for houses and villas built on land, where the land itself cannot be foreign-freehold. Buyers should always confirm the current foreign-quota status of a specific unit with the juristic office or a Thai property lawyer before transferring funds, since quota availability can vary unit by unit and change over time.

Lifestyle and who The Kris Residence suits

Living at The Kris Residence means daily access to Patong's dense restaurant, bar, retail and nightlife scene, alongside beach access, water-sports operators and dive shops that serve both residents and the town's holiday visitors. This profile suits owners who want an active, walkable beach-town lifestyle, a base for personal holidays between rental periods, or a unit intended to be let out under a short-let holiday-rental model rather than a long-term residential lease. It is a less suitable fit for buyers seeking a quiet family suburb or a slow-paced residential enclave; those buyers are typically better served by inland or northern Phuket zones. For anyone comparing options, the current listings of condominiums for sale in Patong show the range of unit sizes and outlooks available in the area today, alongside sister developments along the same stretch of coast.

COMPLEX FEATURES

Communal PoolCommunal GymCar ParkingReception / Lobby Area24H SecurityCCTV (Video Surveillance)

FEES & TAXES

Standard transaction fees in Thailand for a completed condominium under the ownership types listed below.

Freehold

  • Transfer fee — 2%
  • Specific Business Tax — 3.3%
  • Withholding tax — 1%
  • Stamp duty — 0.5%

Freehold (foreign quota): one-time transfer fee + tax obligations at closing. Annual common-area maintenance (CAM) separately.

Leasehold

  • Transfer fee — 1%
  • Stamp duty — 0.1%

Leasehold (30-year): registration fee 1% + 0.1% stamp duty on the lease value. No annual property tax for the lessee.

Buyer and seller usually split the transfer fee 50/50.

BUILDING FACTS

Operating costs and on-site infrastructure as published by the developer.

Management

  • PetsNot Allowed

LOCATION

Property location on map
Patong·PhuketTap to open in Google Maps

NEARBY PLACES

Museums

  • Arts Corner Phuket778 m
  • 9 Art Gallery2.6 km

Malls & Souks

  • Malin Plaza Market934 m
  • Jungceylon2.1 km
  • Karon Avenue2.8 km
  • Karon Night Market3.2 km

Beaches

  • Freedom Beach1.5 km
  • JB Sunset Beach3.6 km

Parks

  • Karon Park2.7 km
  • Khlong Bang La Park3.9 km

Sports & Events Venues

  • Patong Boxing Stadium Sainamyen3.5 km

Iconic Landmarks

  • Karon Beach3.6 km

DISTRICT

Patong

Phuket's coastline divides into fifteen distinct tourist zones, each with its own buyer profile, price band and rental cycle. The luxury west coast — Bang Tao, Layan, Surin, Kamala — runs Aman-tier resorts, golf, beach clubs and the highest absolute prices on the island. Drop south through Patong (the tourist…

Real Estate in Patong →

FREQUENTLY ASKED

The Kris Residence — buyer FAQ

Can foreigners own a condominium at The Kris Residence in Patong?

Yes. The Kris Residence is a condominium, so foreign buyers can hold units on a freehold basis under Thailand's condominium law, which caps foreign freehold ownership within any single project at 49% of total saleable floor area. Always confirm current quota availability for the specific unit with the juristic office before making a purchase decision.

How far is The Kris Residence from Patong Beach?

The Kris Residence sits within Patong's walkable town grid, giving owners and tenants foot or short-tuk-tuk access to the roughly 3-kilometre Patong Beach, the beach promenade and the Bangla Road nightlife strip, without needing a car for daily errands, dining or beach visits.

Is The Kris Residence a completed project?

Yes. The Kris Residence is a completed condominium development in Patong, meaning the building is finished and units are ready for occupancy rather than under construction, which removes off-plan handover timing risk for buyers comparing completed stock against pre-sale projects in the same zone.

Is The Kris Residence suited to rental income or personal use?

The Kris Residence suits owners planning a lock-up-and-leave holiday unit or a rental-oriented apartment let under a short-let holiday model, reflecting Patong's deep tourist footfall. It suits personal holiday use between rental periods rather than a permanent, quiet family residence in a slower-paced neighbourhood.

What kind of area is Patong for a condominium buyer?

Patong is Phuket's busiest west-coast beach resort town, built around Patong Beach and Bangla Road, with Jungceylon mall, dense dining and nightlife, and a hillside of sea-view condominiums. Kathu and Phuket Town are 10-15 minutes away and the airport is about 45 minutes north.

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