The Base Rise Phuket: Best Budget Condo in Central Phuket?
The Base Rise Phuket review: entry from $78K in Wichit, central Phuket. Near Central Mall, co-working space. Best for digital nomads and long-term rental investors. Full 2026 guide.
The Base Rise Phuket: Best Budget Condo in Central Phuket?
The Base Rise Phuket is Sansiri’s most affordable active Phuket project — 326 units in Wichit, central Phuket, starting from THB 2.79M (approximately $78K). At this price point, it is the only project in Sansiri’s current Phuket lineup accessible to buyers with sub-$100K budgets, and it competes directly with the broader field of central Phuket entry-level condos rather than with CANVAS or Rhea’s premium beach-zone products. It includes a co-working space in its amenity package — a deliberate signal to the digital nomad and remote-work tenant segment. Whether it is the best budget condo in central Phuket depends on what “best” means for your specific goals.
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The Base Rise Phuket: project specifications
| Specification | Detail |
|---|---|
| Developer | Sansiri (SET: SIRI) |
| Location | Wichit, Phuket City area |
| Total units | 326 |
| Starting price | THB 2.79M (~$78K) |
| Developer | Sansiri — most trusted Thai developer |
| Amenities | Co-working space, pool, gym |
| Target market | Digital nomads, long-stay, local professionals |
| Ownership | Freehold (foreign quota) |
The entry price of $78K makes The Base Rise one of the most affordable foreign-freehold condos available from a credible listed developer in Phuket. For comparison, most Cherng Talay or Surin condos start at $140K–$215K. The Base Rise is not a beachfront product — but for buyers whose investment thesis is not tourism rental, this is not a disadvantage.
Wichit: understanding central Phuket as an investment location
Wichit is a sub-district of Phuket City on the east coast of the island. It is the commercial and administrative core of Phuket — not the tourist postcard, but the working city that residents, professionals, and year-round locals actually inhabit.
What Wichit offers:
- Central Phuket Mall: one of Thailand’s largest malls — approximately 10 minutes from The Base Rise
- Phuket City commercial hub: banks, hospitals, government offices, immigration
- Vachira Phuket Hospital and Bangkok Hospital Phuket: within 15–20 minutes
- Phuket Airport: approximately 25–30 minutes
- West coast beaches (Bang Tao, Kamala): 30–40 minutes
- Patong: 25–30 minutes
Who lives in Wichit:
- Thai professionals and local civil servants
- Expats who work in Phuket’s business and medical sectors
- Remote workers who prioritise connectivity and cost-efficiency over beach proximity
- Long-stay visitors who want to experience Phuket as a place to live rather than a resort
The honest trade-off: Wichit is not a resort area. If your rental strategy relies on short-stay tourism (Airbnb guests on holiday in Phuket), Wichit will underperform versus coastal zones. Average daily rates are lower; occupancy from leisure tourism is lower. However, if your strategy is monthly or annual residential letting to the professional expat and nomad segment, Wichit becomes competitive in a different way.
Model a Wichit investment vs beach-zone alternatives
We run honest yield comparisons across all Phuket zones. See exactly where your budget works hardest.
The digital nomad angle: why The Base Rise co-working matters
Sansiri’s decision to include a co-working space in The Base Rise amenity package is not accidental. It reflects a calculated product positioning towards the remote-work segment — one of the fastest-growing tenant demographics in Phuket since 2020.
The digital nomad profile in Phuket:
- Monthly budget: $1,000–$3,500 for accommodation
- Priority: reliable WiFi, comfortable workspace, modern lifestyle amenities
- Stay duration: 1–6 months, typically renewable
- Beach access: valued but not essential (beaches are a 30-min drive away)
- Location preference: connected areas with practical urban amenities, not just resort zones
For this segment, a $78K–$120K condo in Wichit with dedicated co-working, reliable connectivity, a pool, and proximity to Central Phuket Mall is highly attractive. The alternative — a beach-zone condo at $190K+ with no co-working — is both more expensive and less functionally suited to the work-from-condo lifestyle.
Monthly rental income from digital nomad tenants:
| Unit type | Entry price | Monthly rent (nomad segment) | Gross annual | Gross yield |
|---|---|---|---|---|
| Studio/1BR (entry, $78K) | $78,000 | $700–$1,000 | $8,400–$12,000 | 10.8%–15.4% |
| 1BR (mid-range, $100K) | $100,000 | $900–$1,300 | $10,800–$15,600 | 10.8%–15.6% |
| 2BR (larger, $130K) | $130,000 | $1,300–$1,800 | $15,600–$21,600 | 12.0%–16.6% |
These gross yield figures are higher than the beach-zone numbers — reflecting the lower purchase price rather than higher absolute rents. Net yields after management (lower for long-stay than short-stay — typically 10–15% of rent rather than 20–30% of revenue) and costs realistically sit at 7–10% net for well-managed units, which is exceptionally strong by global real estate standards.
The Base Rise vs beach-zone condos: the investment case
The most important question for any Base Rise buyer: is a $78K–$130K Wichit condo a better investment than a $140K–$190K beach-zone entry unit?
Head-to-head comparison:
| Factor | The Base Rise (Wichit) | Rhea by Sansiri (Surin, $140K) |
|---|---|---|
| Entry price | $78K | $140K |
| Location type | Urban central | Beachside boutique |
| Short-stay yield | 5–7% gross (lower ADR) | 10–14% gross (higher ADR) |
| Long-stay yield | 10–16% gross | 9–12% gross |
| Tenant profile | Nomads, professionals, locals | Tourists, premium expats |
| Vacancy risk | Lower (year-round demand) | Moderate (seasonal) |
| Capital growth | Moderate (urban appreciation) | Stronger (coastal scarcity) |
| Sansiri brand trust | Same | Same |
| Resale liquidity | Lower (smaller buyer pool) | Higher (international tourism zone) |
The answer is not universal: The Base Rise wins on yield (net), entry price, and year-round vacancy resilience. Beach-zone condos win on capital growth, resale liquidity, and lifestyle appeal to the broader international buyer market.
For whom The Base Rise makes the strongest case:
- Buyers with budgets under $100K who want Sansiri’s brand trust
- Investors who prioritise net yield and consistent occupancy over capital growth
- Buyers who understand the Phuket residential market and the long-stay tenant segment
- Remote workers buying a base for personal use in Phuket with rental income during absence
Central Phuket Mall proximity: a practical differentiator
Central Phuket Mall is one of Thailand’s largest shopping centres — a mixed-use complex that includes international retail (IKEA, Apple Store, international fashion), cinema, food courts, premium supermarkets, and a wide range of services. Its proximity to The Base Rise is a genuine practical advantage:
- Grocery shopping within 10–15 minutes
- Dining options spanning budget to mid-range premium
- Banking, pharmacy, fitness (Central Fitness inside the complex)
- Cinema and entertainment — relevant for long-stay residents who value lifestyle
For a tourism-focused condo buyer, mall proximity is a neutral factor. For a residential or long-stay investment thesis, it is a meaningful quality-of-life differentiator that supports tenant satisfaction and reduces vacancy.
Sansiri brand at budget pricing: what you actually get
At $78K, The Base Rise is the most affordable opportunity to buy a Sansiri-branded condo in Phuket. The question is whether the Sansiri premium (relative to similarly priced smaller developers) is justified at this price point.
What the Sansiri brand delivers at The Base Rise:
- Build quality governed by Sansiri’s construction standards (no shortcuts on materials or MEP systems)
- After-sale service and building management infrastructure
- SET-listed transparency — audited accounts, delivery accountability
- Resale recognition — “Sansiri” is a brand that international buyers recognise and trust, which helps future resale
What it does not deliver at The Base Rise (compared to CANVAS):
- Luxury specification — The Base Rise is a well-built condominium, not a luxury lifestyle product
- Premium location — Wichit is practical, not aspirational for the tourist demographic
- High short-stay rental demand — the location does not attract leisure tourism at premium ADR
The conclusion: at $78K, the Sansiri brand premium over competitors is proportionally smaller than at the $190K+ level. The Base Rise competes on fundamentals — yield, build quality, management — not on premium lifestyle positioning.
Who should NOT buy The Base Rise
Being direct about fit prevents buyer disappointment:
- Beach lifestyle buyers: if your primary goal is a sea-view property you can use on holiday and rent to tourists, look at CANVAS, Rhea, or The Base Cherngtalay instead
- Short-stay yield maximisers: Patong and Kamala generate higher ADR for short-stay product; beach-zone condos outperform Wichit for Airbnb
- Capital growth speculators: Wichit is a growing urban area but lacks the coastal scarcity premium that drives rapid price appreciation in beach zones
- Lifestyle premium buyers: The Base Rise is practical and well-built, not the luxury resort experience that some Phuket buyers seek
Pros and cons: The Base Rise Phuket
What works well:
- From $78K — Sansiri’s most accessible Phuket entry point by a large margin
- Strong net yield (7–10%) from long-stay residential rental to nomads and professionals
- Co-working space — purpose-built for the remote-work tenant demographic
- Central Phuket Mall proximity — practical residential infrastructure
- Year-round demand from local and professional tenant pool (less seasonal than beach zones)
What to consider:
- Not a beach location — short-stay tourism rental will underperform coastal projects
- Smaller international buyer pool at resale — exit may take longer than beach-zone condos
- Wichit has less cachet among luxury lifestyle buyers — not an aspirational address
- Urban setting — Phuket traffic on main arteries can be congested during peak hours
- No pet-friendly policy specified (unlike The Base Cherngtalay and Rhea)
Frequently Asked Questions
Frequently Asked Questions
Yes. The Base Rise Phuket starts from THB 2.79M, approximately $78K at current exchange rates. This is Sansiri's most affordable active Phuket project and represents the brand's deliberate push into the central Phuket residential market. Contact MORE Group for current pricing on available units, as the $78K entry may be on compact configurations.
Yes — this is one of The Base Rise's strongest use cases. The co-working space, central Phuket location, and proximity to Central Mall make it well-suited for remote workers. Connectivity (internet infrastructure) in Wichit is strong. The beach is 30–40 minutes away by car or scooter — a practical trip, not a walking commute.
For long-stay residential rental to nomads and professionals: gross yield of 10–16% depending on unit size and rental rate achieved. Net yield after management and costs: 7–10%. This is higher than beach-zone gross comparisons because the purchase price is much lower. Short-stay tourism rental is not The Base Rise's strongest use case.
They serve different strategies. Bang Tao (CANVAS, The Base Cherngtalay) targets premium short-stay tourism rental at $190K–$560K with 6–9% gross yield. Wichit (The Base Rise) targets long-stay residential rental at $78K–$130K with 10–16% gross yield. Capital growth is stronger in Bang Tao; yield efficiency and entry accessibility are stronger in Wichit.
Yes. As a Sansiri condominium, The Base Rise is structured to include a foreign freehold quota (up to 49% of total floor area). Buyers should confirm quota availability on their specific target unit before signing. MORE Group checks foreign quota status as part of standard buyer due diligence.
Read Also
- Best Phuket Condos Under $150K
- Sansiri in Phuket 2026: Full Developer Review
- Best Areas in Phuket to Buy Property
- Best Sansiri Projects in Phuket 2026: Ranked
- Phuket Rental Yield Guide 2026
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