If you are considering purchasing a house in Phuket, it is important to understand the variation in the prices of land based on the area. After all, the old saying “Location, location, location” applies everywhere, and Phuket is by far no exception.
Luckily for us, the folks at the Agency for Real Estate Affairs conducted a survey in mid-2018 to understand the value of each sub-district of the island. The results were staggering!
Where is the cheapest land in Phuket?
If you are looking for the best deals, then you will have to travel to the east coast. Sapam and Ao Maphrao, in the middle and north of the island respectively, are at the bottom of the chart, with a value of THB 6,423 per square meter. Other areas on the east coast can be found at the bottom of the list, such as Ao Po, with a value of THB 10,907 per square meter, and Koh Sirey, at THB 12,815 per sq.m.
Surprisingly, the picturesque village of Rawai, near Nai Harn beach, offers similar value to Koh Sirey, with a land price of THB 12,815 per square meter.
What about the most expensive land in Phuket?
Without any surprises, Patong receives the crown of the chart, with a land value THB 160,273 per square meter, or a vector 25 times higher than the cheapest land. Its value has increased rapidly over the years as the building land became scarce; in 2015, Patong’s land value was estimated at “only” THB 115,403 per square meter.
Here is the handy list (per sq.m.)
- Sapam & Ao Maphrao: THB 6,423
- Ao Po & Ao Kung: THB 10,907
- Koh Sirey & Rawai: THB 12,815
- Ao Makham & Mai Khao: THB 16,027
- Chalong: THB 17,299
- Nai Yang: THB 19,239
- Bang Tao & Surin: THB 22,451
- Kata & Kamala: THB 32,054
- Karon: THB 38,478
- Patong: THB 160,273
Source: www.area.co.th