Phuket Real Estate Market Report Q3 2025: Still No Bubble in Sight
Phuket’s real estate market continues its remarkable ascent in the third quarter of 2025, demonstrating robust and sustainable growth that solidifies its status as a top-tier global investment destination.
Contrary to concerns of an impending bubble, the market is underpinned by strong fundamentals, long-term developer confidence, and a diverse range of buyers.
This report synthesizes recent market data to present a clear picture of why Phuket’s growth trajectory is both healthy and durable.
Strong Developer Confidence and Strategic Investment
Major developers are signaling their long-term commitment to Phuket with significant multi-billion-baht investments. As highlighted in a Bangkok Post report, a leading developer has unveiled a five-year, 33-billion-baht plan to launch 29 new residential projects on the island. Similarly, another developer has seen its project value grow nearly tenfold since 2011, and has a substantial backlog of sales to be realized through 2027.
These strategic, large-scale commitments from established players indicate a deep-seated belief in the market’s future, a key indicator that growth is not based on short-term speculation. Instead, it reflects a market transitioning from a simple tourist destination to a sophisticated, year-round residential and lifestyle hub.
Demand Driven by Diverse and Solid Buyer Segments
The primary engine of this growth is a diverse and resilient buyer base. Articles from The Nation and Realestateasia.com confirm that foreign buyers are still a dominant force, accounting for up to 70% of transactions. This demand is not concentrated in one area but is coming from a wide range of international investors, including those from Russia, Ukraine, Europe, India, and Southeast Asia.
The emergence of remote work has created a new segment of buyers seeking modern, eco-friendly properties with co-working spaces, further diversifying the market. This broad and sustained interest from multiple sources prevents an over-reliance on any single market, which is a hallmark of a healthy, stable market.
Robust Infrastructure Provides a Solid Foundation
The growth we are seeing is not built on hype, but on a solid foundation of world-class infrastructure. Phuket is home to over 17 international schools and three international hospitals, attracting families and individuals seeking a high-quality lifestyle.
Ongoing infrastructure developments, including an airport expansion, are improving connectivity and driving up property values.
This robust ecosystem of top-tier amenities provides a compelling reason for people to move to and invest in Phuket for the long term, cementing its appeal beyond simple tourism.
Storm Real Estate’s Perspective
From our perspective here at Storm Real Estate, the data is clear: the Phuket market is healthy, maturing, and poised for continued success. The current landscape presents an excellent opportunity for strategic investment. The strong demand, coupled with limited prime land and high rental yields of 8-12% in the more attractive areas, suggests that property values will continue to appreciate.
We believe that this isn’t a speculative market on the brink of collapse, but a global hub that has found its footing and is now entering a new phase of sustainable, long-term growth.
For those looking to enter this dynamic market, now is the time to act. Prices are still competitive compared to other global luxury markets, and the potential for capital appreciation and rental returns is strong. See for yourself on our Phuket Properties for Sale page, browse through all options to get an overview, or use the advanced search options to narrow down the search to your specific needs and preferences.
Connect with Storm Real Estate for Expert Guidance
The Phuket real estate market is complex and constantly evolving. Whether you’re a first-time buyer or a seasoned investor, navigating this landscape requires local expertise and up-to-the-minute insights. Contact Storm Real Estate today for personalized advice and to explore our curated portfolio of properties that align with your investment goals.
Our team is here to help you make informed decisions and secure your future in paradise. Reach out today to explore options, arrange showings, or more information.
