Read this inРусскийไทย繁體中文（香港）繁體中文（台灣）
Render. The residences on the Kamala hillside. They sit about 360 metres inland from the beach, not on the sand. Images courtesy of PROUD Real Estate and IHG (Render).
The Residences at InterContinental Phuket Resort
The Residences at InterContinental Phuket Resort is a branded-residence development on the Kamala hillside in Phuket, announced on 12 January 2026 by PROUD Real Estate with IHG, of 111 residences from one-bedroom homes of about 59 square metres to five-bedroom homes of about 425 square metres, resort-connected but set roughly 360 metres inland from Kamala Beach, with a developer completion target of the fourth quarter of 2027.
Resort-connected but approximately 360 metres from Kamala Beach. The residential buildings are inland and on the hillside, not on the sand.
Under construction · 13 per cent complete overall on 28 August 2026, piling finished and structure at 10 per cent · developer target Q4 2027
What we have checkedThis building does not exist yet, so there is nothing to inspect. What we publish comes from the developer's own published material. Last checked 2026-09-06.
The Residences at InterContinental Phuket Resort, as the developer shows it.
Images courtesy of PROUD Real Estate and IHG (Render).
How this one is owned.
111
Residences
- Sizes
- 59 to 425 sqm
- Format
- 1-bed to 5-bed penthouses
- Development value
- THB 2.5 billion
- Construction
- 13% overall: piling 100%, structure 10%, systems and fit-out not started, 28 Aug 2026
- Developer target
- Q4 2027 (PROUD release, 21 Oct 2025)
- Common fee
- THB 120 per sqm per month
- Sinking fund
- THB 800 per sqm, one-off
- Launch pricing
- Avg THB 260,000 per sqm; entry about THB 15 million (PROUD, 21 Oct 2025)
We are confirming the structure with the developer before stating it. We would rather show you the gap than fill it with a guess.
What to establish before committing
PROUD's launch release (21 October 2025) states a target of 80 per cent foreign buyers. A Thai condominium's freehold foreign quota is 49 per cent of the sellable area, so how the balance would be held, leasehold or another structure, is exactly what we are confirming with PROUD before advising. Condominium product on Phuket can ordinarily be held freehold by foreign buyers within the 49 per cent foreign quota of a building's sellable area, and that quota is finite: establish what share of it remains unallocated, and whether any of it is being held back for specific units, before reserving.
General information, not legal or tax advice. Any lease should be read by independent Thai counsel before signing.
Prices, availability, construction progress and ownership wording all move; we refresh them before any reservation and would rather show you the date than let a stale fact look current.
Considering The Residences at InterContinental Phuket Resort?
We will tell you what we know, what we are still confirming, and whether it fits what you are actually looking for.
Embark Estate is an appointed sales agency for this project, appointed by PROUD Real Estate. We can put the developer's own current availability and pricing in front of you rather than a portal's.
What that means in practice
In practice that means we work from the developer’s own price list and unit schedule rather than from what has reached a portal. It does not change what we will tell you: an appointment is not a reason to recommend a building, and we will still say when this one does not suit the brief. Our Bangkok appointments are stated on the Bangkok branded-residences register. The developer publishes its own channel for this project at www.proudrealestate.co.th/theresidencesphuket.
We publish no yield or capital-growth figure for this project, and no island average. Where an operator publishes audited numbers for a specific building we quote them with their date; otherwise we say nothing, because a guaranteed return is usually a price concession wearing a yield’s clothing.
The record, dated and sourced.
Every figure the developer has put on the record for this project, in the order it appeared, with the source named. We keep it because an off-plan buyer's real question is not what the price is today but whether the developer has moved the date before, and no portal keeps the history.
PROUD Real Estate announced the launch: 111 units, an average of THB 260,000 per square metre, an entry point of about THB 15 million, a completion target of the fourth quarter of 2027, and a stated target of 80 per cent foreign buyers against 20 per cent Thai.
Source: PROUD Real Estate, launch release carried by The Nation
IHG and PROUD unveiled the residences jointly: 111 homes of 59 to 425 square metres on the Kamala hillside. The release named no price, no completion date and no agency.
Source: IHG, news release
PROUD's own progress page reported the project 13 per cent complete overall: piling finished, structure at 10 per cent, and systems, architecture and interiors not started. The same page carries a common fee of THB 120 per square metre per month and a sinking fund of THB 800 per square metre.
Source: PROUD Real Estate, project page
A target is a target, not a commitment, and this page says so wherever the developer's wording does. Where we hold a document that is not public, the entry says that rather than linking to nothing. Anything not listed here is something the developer has not published, and we will not fill the gap with a portal's number.
What The Residences at InterContinental Phuket Resort actually is.
Announced on 12 January 2026, this is the second collaboration between IHG and the Bangkok-listed developer PROUD Real Estate, following InterContinental Residences Hua Hin, which sold out. A repeat partnership after a sold-out first project is a more meaningful credential than a launch event, because both parties have already seen how the other performs.
Read on · three more paragraphsClose
One hundred and eleven residences, running from one-bedroom homes of 59 square metres to five-bedroom penthouses of 425 square metres, in a development valued at THB 2.5 billion. The residences adjoin the InterContinental Phuket Resort, which holds Two Michelin Keys, the only hotel on the island to do so as of August 2026. For owners the practical meaning is service adjacency: hotel operations next door rather than a management contract in the abstract.
The range is wide, and that matters for this register. At 59 square metres the one-bedroom homes sit below the THB 20 million floor we use here; the larger residences and the penthouses clear it comfortably. Whether this project is relevant to you depends entirely on which end of the building you are shown.
PROUD is listed in Bangkok, which is unusual in this register and useful: a listed developer publishes accounts, and a buyer weighing an off-plan deposit can read them.
Where this sits against the register’s floor. Only part of this building qualifies for this register. The one-bedroom homes at 59 square metres sit below the THB 20 million floor; the larger residences and penthouses clear it.
What we think, including what we would question.
Who it suits
A buyer who wants a global hotel brand, generous layouts across a wide range from about 59 to 425 square metres, and an operating resort next door, from a Bangkok-listed developer whose accounts can actually be read before a deposit is paid.
What it compromises
The residential buildings are inland and on the hillside, roughly 360 metres from Kamala Beach, so this is a resort-connected address rather than a beachfront one. Overall progress stood at 13 per cent on 28 August 2026, on PROUD's own progress page, with piling finished, structure at 10 per cent and everything after it not started, against a Q4 2027 target, which is a gap worth watching. The smallest units sit well below this register's level.
What we would ask first
The price and foreign-quota schedule per unit, the operative sale and purchase agreement, the brand and management documents, and above all the hotel-access arrangement: what is contractual, what is discretionary, and what carries a separate charge. Proximity to a hotel does not by itself grant a resident anything.
This is Embark’s opinion, not a sourced fact, and it is labelled that way deliberately.
Before deciding, look at these too.
A shortlist of one is not a shortlist. These are the closest genuine alternatives to The Residences at InterContinental Phuket Resort on our register, set beside it on the six things that decide one.
| Compared on | This pageThe Residences at InterContinental Phuket Resort | MGallery Residences MontAzure Lakeside | Andara | Angsana Golf Residences Topaz |
|---|---|---|---|---|
| Shore | Kamala | Kamala | Kamala | Laguna |
| The water | Inland | Inland | Ocean view | Inland |
| Stage | Under development | Completing 2026 | Resale only | Selling |
| Transaction | Off-plan, developer inventory | Off-plan, developer inventory | Completed branded resale | Off-plan, developer inventory |
| Ownership | Confirming | Confirming | Confirming | Confirming |
| Brand owner | IHG and PROUD Real Estate | MontAzure master estate | Independent estates | Banyan Group |
A marked cell matches this project. It is a marker of sameness, not a score: a different shore is often the reason to go and look.
The Residences at InterContinental Phuket Resort, answered plainly.
Which units at The Residences at InterContinental Phuket Resort clear THB 20 million?
The larger residences and the penthouses. The building runs from one-bedroom homes of 59 square metres up to five-bedroom penthouses of 425 square metres, so it spans a very wide range of tickets, and the smallest units sit below the THB 20 million floor this register uses. That is not a criticism of the project. It means you should establish which part of the building a sales conversation is actually about before drawing conclusions about price.
What is the significance of the Two Michelin Keys?
The InterContinental Phuket Resort, which these residences adjoin, holds Two Michelin Keys and was the only hotel on the island to do so as of August 2026. Michelin Keys rate hotels the way Michelin Stars rate restaurants, so it is an independent verification of the operation next door rather than a claim made by the developer. For a branded residence, the quality of the adjacent hotel operation is a substantial part of what is being bought.
Who is PROUD Real Estate?
A Bangkok-listed developer, and the same partner IHG worked with on InterContinental Residences Hua Hin, which sold out. Two things follow. First, this is a repeat collaboration rather than a first attempt, so both parties have already tested the arrangement. Second, because PROUD is listed, its accounts are public, which means a buyer weighing an off-plan deposit can examine the developer's balance sheet rather than take a covenant on trust. That is not true of most developers currently selling on this island.
Facts on this page are current as of September 2026 and are drawn from Embark’s own market briefing and the developer’s published materials. Where a fact reads as being confirmed, we are verifying it with the developer before stating it.
Where next