PROJECT

Completed

Sri Panwa

in Phuket Town, Phuket · by Charn Issara Development PCL

Answered by a Phuket expert
VillaFor sale 8Completed 2005
฿25.0M฿220.0M
Charn Issara Development PCL
Developer
Charn Issara Development PCL
21

ABOUT THE PROJECT

Sri Panwa is a villa community established in 2005 that comprises 52 residential units positioned in Phuket Town. The development reflects an earlier wave of residential consolidation in central Phuket, when the township began attracting individual investors and small residential clusters away from the beachfront precincts.

The villas span a price range from ฿25 million to ฿199 million across current active listings, indicating significant variation in unit size, condition, and positioning within the compound. This breadth reflects both renovation cycles since the 2005 completion date and the heterogeneity typical of villa communities where individual owners have pursued different upgrade strategies. The estate offers communal amenities including a pool, Jacuzzi, bar, clubhouse, indoor children's zone, spa, steam room, and gymnasium—infrastructure that distinguishes the project from standalone villa purchases and creates recurring service costs offset partially by shared maintenance.

Sri Panwa's location in Phuket Town rather than coastal or resort zones situates it within a different buyer and investor demographic than beachfront or Laguna-adjacent developments. The township benefits from proximity to local infrastructure, dining, and services that appeal to both long-term residents and investors targeting the residential rental market rather than short-term tourism cycles. The municipality has experienced gradual commercial intensification, with new retail, medical facilities, and mixed-use projects altering the zone's character incrementally over the past decade.

The project's age—now nearly two decades—means that current opportunities tend to reflect secondary market activity rather than developer-phase acquisition. With six active listings in the catalog, turnover appears moderate, suggesting either selective marketing or steady ownership retention. For investors, Phuket Town residential properties including villa communities typically operate within a lower yield band than beachfront assets, but attract different capital with longer hold horizons and less exposure to seasonal tourism volatility. The zone remains oriented toward longer-term residential rental markets and expat communities rather than high-turnover STR strategies, making properties like Sri Panwa suitable for buyers pursuing stable monthly income and consistent occupancy.

Amenities
Swimming Pool
Sauna
SPA
6

DISTRICT

Phuket Town

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 Phuket Town →
8 listings

RESALE MARKET

8 active resale listings

from ฿25M

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

  • PetsCats and Dogs (all sizes)

MASTER PLAN

Sri Panwa master plan 1

LOCATION

Property location on map
Phuket Townphuket-town·PhuketTap to open in Google Maps

NEARBY PLACES

Zoos & Aquariums

  • Phuket Aquarium371 m
  • Phuket Zoo7.4 km

Beaches

  • Ao Yon Beach2.4 km
  • Plastic Beach3.3 km
  • Pa Lai Beach6.4 km

Parks

  • Tarzan Adventure Phuket3.4 km

Panoramic Views

  • Kao Khad View Point4.8 km

Malls & Souks

  • Ban Bo Rae Market5.9 km

International Schools

  • Ruamrudee International School Phuket6.6 km
  • Buds International School Phuket7.9 km

Sports & Events Venues

  • Phuket Municipal Stadium7.9 km
  • Saphan Hin Seat Municipal Stadium7.9 km

DEVELOPER

Charn Issara Development PCL logo

Charn Issara Development PCL

View developer profile →

FREQUENTLY ASKED

Sri Panwa — buyer FAQ

Can foreigners buy property at Sri Panwa?

Yes. Foreign buyers at Sri Panwa can typically purchase under the Thai condominium foreign quota (freehold — up to 49% of total floor area) or via a 30-year renewable leasehold structure. Verify current quota availability with the developer before transfer.

Is there current availability at Sri Panwa?

Yes — there are currently 8 active listings at Sri Panwa. Browse the unit tabs (new / assignment / resale) to see live inventory and contact our team for a unit-level breakdown.

What is the price range at Sri Panwa?

Current listings at Sri Panwa range from ฿25.0M to ฿220.0M. Entry-level units are typically compact studios or one-bedroom configurations; larger or higher-floor units sit at the upper end.

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