InterContinental Phuket Residences 2026 | MORE Group

The InterContinental name carries weight in global hospitality, and The Residences at InterContinental Phuket Resort leverages that weight to position itself at the apex of Phuket’s branded residential market. This is not a condo development that happens to have a hotel next door. The residences are structurally integrated with the resort, delivering white-glove hotel services directly to private owners who choose to live, vacation, or invest here.

Kamala Beach’s “Millionaire’s Mile” has long been the address for Phuket’s most exclusive properties. This review examines what the InterContinental Residences actually deliver at their price points, how the investment math works, and whether this is the right product for serious buyers in 2026.

Project Overview

InterContinental Phuket Residences are 111 branded units on Kamala Beach integrated with an operating IHG resort, pricing from 13.6M THB for 1BR stock to 54.7M THB for grand 2BR layouts, Q3 2027 completion, 50/50 payment terms, and hotel services that foreign buyers confirm in writing with MORE Group before the first 50% contract tranche on Millionaire’s Mile.

The defining feature is full IHG hotel service integration into the residential product: concierge, housekeeping, room service, and maintenance standards match the adjacent InterContinental resort. This operational model is rare on Phuket and commands a premium over non-branded alternatives on Millionaire’s Mile.

Factor	Detail
Units	111 branded residences
Entry price	13.6M THB 1BR
Payment	50% signing, 50% at handover
Completion	Q3 2027 target
Operator	IHG hotel services integrated

Why Buy Here?

InterContinental Phuket typically suits foreign buyers who want irreplaceable Kamala Beach positioning on MontAzure, IHG-branded passive rental management with ADR of 7,000 to 12,000 THB on 1BR stock and gross yield of 4.2% to 10.9% on mid-floor units, plus 2BR layouts from 25.9M THB with limited direct competition, accepting a 50/50 payment plan and higher service costs than conventional Phuket condos in MORE Group ultra-luxury shortlists.

• Location: Millionaire’s Mile within MontAzure, operating resort already on site
• Management: IHG handles bookings, housekeeping, and guest operations in the rental programme
• Liquidity: 50% due at contract signing requires planned treasury capacity

The Irreplaceable Beachfront Position

Kamala Beach’s Millionaire’s Mile has essentially no remaining development land. The MontAzure master community, of which this project is the hotel-integrated anchor, represents the definitive completion of this address. What you buy here you are unlikely to find available again in 5 or 10 years.

Penthouses and Two-Bedroom Units Are Rare in This Tier

The two-bedroom units at 100-188 sq.m in a 5-star branded building on Kamala Beach have almost no direct competition on Phuket. The closest comparable product is in Surin and Bang Tao at materially higher price-per-sq.m rates. Entry pricing for two-bedroom units from 25.9M THB represents genuine value at this brand level.

Prices and Floor Plans

InterContinental Phuket pricing is 1BR residences from 13.6M THB at roughly 228,000 to 260,000 THB per sqm, 2BR stock from 25.9M THB up to 54.7M THB for 188 sqm grand layouts, and a front-loaded 50/50 payment plan that MORE Group stress-tests against buyer liquidity before any reservation on Kamala branded stock.

1-Bedroom Residences (59-75 sq.m)

Configuration	Size	Price Range	Price/sq.m
Entry 1BR (floor 1)	59-60 sq.m	13,600,000 THB	228,571-229,846 THB
Mid-floor 1BR	62-68 sq.m	15,700,000-17,200,000 THB	249,631-258,369 THB
Upper 1BR	67-75 sq.m	15,900,000-19,500,000 THB	236,995-260,417 THB

The entry-level 1-bedroom at 13.6M THB offers a compelling price per sq.m relative to comparables. Upper-floor units at 19.5M THB (75 sq.m) reflect premium view positions with full Andaman Sea exposure.

2-Bedroom Residences (100-188 sq.m)

Configuration	Size	Price Range	Price/sq.m
Standard 2BR	100-101 sq.m	25,900,000-28,400,000 THB	257,302-283,546 THB
Large 2BR	111-118 sq.m	27,300,000-30,000,000 THB	232,340-269,421 THB
Premium 2BR	134 sq.m	34,500,000 THB	257,079 THB
Grand 2BR	169-188 sq.m	45,900,000-54,700,000 THB	271,020-290,834 THB

The 188 sq.m grand 2-bedroom at 54.7M THB sits at the top of the range and delivers penthouse-grade volume in a 5-star managed building. Price-per-sq.m at this size is 290,834 THB, reflecting the premium view position and IHG brand premium.

Payment Plan: 50% at contract signing / 50% at handover. Clean and simple, but front-loaded, buyers must be liquid for the 50% tranche immediately.

Rental Yield Outlook

InterContinental Phuket rental outlook is gross yield from 4.2% to 10.9% on a 15.7M THB mid-floor 1BR under IHG management for foreign buyers, net returns of 5 to 7% after hotel and residence charges when occupancy holds at 65 to 78%, and ADR of 7,000 to 12,000 THB per night that MORE Group underwrites conservatively before reservation.

Estimated performance (1-bedroom, 62 sq.m, mid-floor):

Metric	Conservative	Optimistic
Average daily rate	7,000 THB	12,000 THB
Annual occupancy	65%	78%
Gross annual revenue	1,660,750 THB	3,416,400 THB
Owner’s share (40-50%)	664,300-830,375 THB	1,366,560-1,708,200 THB
Gross yield on 15.7M THB	4.2-5.3%	8.7-10.9%

For 2-bedroom units, ADR premiums are material, branded 2-bedroom suites in this category regularly achieve 15,000-25,000 THB per night during high season. Yield estimates of 5-7% on the 100 sq.m unit price points are realistic under professional IHG management.

The operational structure is designed for passive ownership. Unlike self-managed properties, there is no requirement for the owner to source bookings, manage check-ins, or handle maintenance.

Amenities

InterContinental Phuket amenities are a 25-metre resident lap pool, Technogym fitness, rooftop wellness space, 24-hour concierge and housekeeping, plus beach club and spa access through the adjacent operating resort on Millionaire’s Mile, with exact inclusion terms that foreign buyers confirm in the IHG management agreement before the 50% signing tranche with MORE Group.

Within the Residential Building:

• 25-metre lap pool with hydrotherapy zone
• Kids’ pool
• Technogym-equipped fitness centre
• Rooftop wellness and meditation zone
• Private residents’ lounges
• Co-working and library spaces

Full Hotel Services:

• 24-hour concierge and reception
• Daily housekeeping (opt-in for resident owners)
• Room service from resort dining
• Valet parking
• Dedicated security

Adjacent InterContinental Resort Access:

• Fine dining restaurants
• Beach club with direct Kamala Beach frontage
• Full-service spa
• Kids’ club and entertainment facilities

Who Should Buy?

InterContinental Phuket typically suits buyers with liquidity for a 50% contract payment who want branded Kamala Beach living, passive IHG rental management, and 1BR entry from 13.6M THB or 2BR layouts from 25.9M THB, not entry-level investors seeking the highest percentage yield per baht in MORE Group condo shortlists.

Less suited for:

• Entry-level investors, the 50% upfront payment requires significant liquidity
• Buyers expecting high personal-use flexibility during peak seasons (rental program occupancy priorities apply)
• Buyers who prefer managing their own property independently

MORE Group Assessment

InterContinental Phuket assessment is a branded lifestyle purchase with managed rental potential rather than a low-cost yield play for foreign buyers, 13.6M THB entry competitive versus 280,000 to 350,000 THB per sqm IHG comparables in Bangkok, and 20 to 40% capital appreciation potential over five years from Q3 2027 completion when well-positioned units trade on Kamala in MORE Group underwriting files.

The Residences represent branded living with an operating hotel already on site: no wait for amenities to open. The 50/50 payment structure is demanding but straightforward, with no milestone calendar.

Factor	MORE Group view
Best use	Branded lifestyle plus managed rental
Entry value	13.6M THB 1BR versus 280,000 to 350,000 THB per sqm in Bangkok IHG stock
Hold case	20 to 40% appreciation over five years from Q3 2027 on well-positioned units
Yield	5 to 7% net after hotel and residence charges

On pricing, the 1-bedroom entry at 13.6M THB looks competitive relative to brand premium and Kamala positioning.

MORE Group recommends: units A402 (75 sq.m 1BR, upper floor) for buyers seeking single premium asset; B402 (111 sq.m 2BR) for buyers wanting optimal balance of income and personal use.

What Should Foreign Buyers Verify Before Reserving?

InterContinental Phuket due diligence is confirming foreign quota on the exact unit, IHG management and service charges, owner-use blackout rules, Q3 2027 completion terms, and net cash flow at 5 to 7% after every hotel and residence fee before the 50% contract tranche on a 13.6M THB or higher ticket in MORE Group reservation files.

1. Foreign quota: Written confirmation for your unit, floor, and remaining project percentage
2. Payment liquidity: 50% at signing and 50% at handover matched to your treasury plan
3. Net yield sheet: Request operator fee, occupancy assumption, and CAM in one document
4. Owner-use rules: Peak-season blackout weeks defined in the rental programme agreement
5. Service charges: Hotel access inclusions versus paid extras listed in writing

Frequently Asked Questions

What is the minimum entry price at InterContinental Phuket Residences? +

1-bedroom residences start from 13,600,000 THB for approximately 59-60 sq.m. These entry units are on lower floors. Upper-floor and larger configurations range up to 19,500,000 THB for 1-bedroom and 54,700,000 THB for grand 2-bedroom units.

What hotel services do owners receive at the InterContinental Residences? +

Owners have access to the full InterContinental hotel service infrastructure: 24-hour concierge, daily housekeeping on request, room service, valet parking, fitness center, spa, fine dining, and beach club access. When entering the rental program, Accor and IHG manage all guest operations including bookings, check-ins, and maintenance.

How does the payment plan work? +

The payment structure is 50% at contract signing and 50% at handover upon project completion (Q3 2027). This is a simple two-tranche structure with no complex construction-milestone payments. Buyers should be prepared to transfer the initial 50% shortly after signing.

Can I use my residence personally while it is in the rental program? +

Yes, personal use periods are typically available to owners in the rental program. The specific allowance (number of nights and blackout periods during peak season) is defined in the rental program agreement. Our team can provide the current program terms for review before signing.

How does this project compare to MGallery Residences in the same MontAzure community? +

Both projects are branded residences within MontAzure. MGallery Residences offers a more accessible entry point (from 10.5M THB) with studio and 1-bedroom units under the MGallery by Accor flag. The InterContinental Residences are positioned at the ultra-luxury tier (from 13.6M THB) with a higher ADR potential and the historic prestige of the InterContinental brand.

Is the InterContinental Phuket Resort already operational? +

Yes. The InterContinental Phuket Resort is an operating hotel adjacent to the residential buildings. This means the amenities, brand standards, and IHG operational infrastructure are already established and functioning, buyers are not waiting for a hotel to open alongside their residence.

Read Also:

• Complete Guide to Buying Property in Phuket
• Due diligence step-by-step
• Best areas for foreign buyers
• Off-plan guide
• Phuket rental yield benchmarks
• MGallery Residences MontAzure comparison