LullaStay research candidate · Launched / Pre-sales (announced January 2026)

The Residences at InterContinental Phuket Resort

Proud Real Estate Public Company Limited (PROUD) · Kamala Beach, Phuket, Thailand — attached to InterContinental Phuket Resort, Kamala, Phuket, Thailand

Nearby: Kamala, Phuket

Exterior/beachfront view of The Residences at InterContinental Phuket Resort

Why LullaStay is watching

The Residences at InterContinental Phuket Resort is a real branded residences (condominium, freehold and leasehold) project by Proud Real Estate Public Company Limited (PROUD) in Kamala, Phuket, Thailand. LullaStay is researching it for potential fit within a professionally managed hospitality-rental strategy. Figures beyond the developer's own materials are under review.

Project characteristics

111 residences in total, from 1-bedroom (59 sqm) to 5-bedroom penthouses (425 sqm) [1](https://www.ihgplc.com/en/news-and-media/news-releases/2026/ihg-and-proud-unveil-the-residences-at-intercontinental-phuket-resort)
Attached to InterContinental Phuket Resort, the only InterContinental awarded Two Michelin Keys [1](https://www.ihgplc.com/en/news-and-media/news-releases/2026/ihg-and-proud-unveil-the-residences-at-intercontinental-phuket-resort)
Second InterContinental branded residences project by PROUD in Thailand, after InterContinental Residences Hua Hin [5](https://www.eqs-news.com/de/news/corporate/proud-launches-its-second-intercontinental-branded-residences-in-thailand-redefining-luxury-living-on-phukets-kamala-beach/3e18c01e-e243-4c21-a478-de8747c2c399_en)
Total investment exceeding THB 2.5 billion (approx. USD 77 million) [5](https://www.eqs-news.com/de/news/corporate/proud-launches-its-second-intercontinental-branded-residences-in-thailand-redefining-luxury-living-on-phukets-kamala-beach/3e18c01e-e243-4c21-a478-de8747c2c399_en)
Design concept 'Far East Paradise' inspired by Phuket's Sino-Portuguese/Peranakan heritage [official site]
Located on Kamala Beach's 'Millionaire's Mile'

Amenities advertised by the developer

Access to InterContinental Phuket Resort dining venuesAward-winning spa accessIn-room dining serviceHousekeeping serviceBeachfront access at Kamala BeachResidents club/loungeConcierge servicesCurated experiences programming

What we like

· 111 residences in total, from 1-bedroom (59 sqm) to 5-bedroom penthouses (425 sqm) [1](https://www.ihgplc.com/en/news-and-media/news-releases/2026/ihg-and-proud-unveil-the-residences-at-intercontinental-phuket-resort)
· Attached to InterContinental Phuket Resort, the only InterContinental awarded Two Michelin Keys [1](https://www.ihgplc.com/en/news-and-media/news-releases/2026/ihg-and-proud-unveil-the-residences-at-intercontinental-phuket-resort)
· Second InterContinental branded residences project by PROUD in Thailand, after InterContinental Residences Hua Hin [5](https://www.eqs-news.com/de/news/corporate/proud-launches-its-second-intercontinental-branded-residences-in-thailand-redefining-luxury-living-on-phukets-kamala-beach/3e18c01e-e243-4c21-a478-de8747c2c399_en)

What we need to verify

· STR regulations
· Management agreement terms
· Ownership structure for foreign buyers
· Rental economics
· Operating expenses
· Liquidity

Risks

· Resale and liquidity risk
· Currency exposure
· Developer pricing subject to change
· Research pending on all other risks

Pricing

From THB 13,600,000

(~ US$ …*)

*Approx. USD based on today's exchange rate. Developer pricing subject to change.

Last updated: Sep 26, 2026

Source: 1-bedroom units advertised 'from THB 13.6M' on third-party sales site intercontinental.investphuket.com referencing developer pricing; seen 2025 (no price published on the official developer site proudrealestate.co.th)

Pricing shown is based on publicly available project materials and/or current project marketing information. USD values are approximate and based on the current exchange rate at the time of display. Final pricing may vary.

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Project profile

Category: Core
Type: Branded residences (condominium, freehold and leasehold)
Management: Residences integrated with and serviced by InterContinental Phuket Resort under an IHG/PROUD partnership; owners access select hotel services and amenities (subject to change/additional charges)
Ownership: Freehold and leasehold ownership offered
Hospitality / STR: Research Pending — short-term rental permission and operating rules not yet independently verified.

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Research status

LullaScore: Under Review
Management structure: Under Review
STR eligibility: Research Pending
Projected yield: Research Pending
Ownership / acquisition: Research Pending

No financial figures are shown until verified. Short-term rental permission and professional management have not been independently confirmed.

Project gallery

Residence architecture rendering, Kamala Beach

Residence interior/living area rendering

Official IHG press release exterior rendering

Renderings © Proud Real Estate Public Company Limited (PROUD), shown for research reference from the official project page. LullaStay does not own, represent, sell, manage or endorse this development and has no partnership with Proud Real Estate Public Company Limited (PROUD).