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Updated
Page updated October 2026. The price list we send is today's.
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.
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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, 50/50 payment terms, and the full hotel services of the resort next door 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 |
| Status | Under construction, completion Q3 2027 (developer), resort already operating |
| Operator | IHG hotel services integrated |
According to the developer, checked 16 September 2026.
Why Buy Here?
InterContinental Phuket suits foreign buyers who want Kamala Beach positioning on MontAzure with IHG-branded passive management, one-bedrooms from 13.6M THB and two-bedrooms from 25.9M, on a simple 50/50 payment plan.
The price list shows the scheme’s median metre rate at 253,731 THB, on a range from 226,667 to 290,957 across its 30 priced units, above Patong’s 234,561, the highest area metre on the island. The price reflects the brand and the location: the InterContinental name and the last beachfront land on Millionaire’s Mile.
- Location: Millionaire’s Mile within MontAzure, operating resort already on site
- Management: IHG handles bookings, housekeeping, and guest operations in the rental programme
- Payments: 50% at contract signing and 50% at handover, with no milestone calendar
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 50/50 payment plan.
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 | 271,020-290,957 THB |
The 188 sq.m grand two-bedroom at 54.7M THB sits at the top of the range and delivers penthouse-grade volume in a five-star managed building. Price per square metre at this size is 290,957 THB, the highest metre rate in the scheme, against 226,667 at the entry.
Payment Plan: 50% at contract signing / 50% at handover. Clean and simple, with no construction-milestone calendar to track.
Rental Income Under the IHG Programme
Under the hotel rental programme the owner receives a share of the revenue the operator generates, and that share is set in the rental management agreement. We collect its terms for you together with the price list:
| What we send | What it shows |
|---|---|
| The owner’s revenue share, and whether it is of gross or of net | How the income is split between you and the operator |
| What the operator deducts before the split | Housekeeping, OTA commission, amenity cost and marketing, each named with a rate |
| The residence charge, per square metre per month | The running cost of a branded building with hotel services |
| Owner-use nights and the peak-season calendar | When you can stay in your own residence |
| Twelve months of statements from a comparable IHG residence | The income record of a similar unit |
| The resale terms | How a unit is sold, inside or outside the programme |
For a mid-floor one-bedroom of 62 sq.m at 15.7 million THB, comparable branded units on hotel programmes have historically performed in this range (MORE Group benchmark):
| Metric | Lower end | Upper end |
|---|---|---|
| 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% |
MORE Group benchmark based on the rental history of properties owned by our clients in Phuket. Past results do not guarantee future returns: changes in Thai law, tourism flows, global events and the market can change income.
Branded 2-bedroom suites in this category have historically achieved 15,000-25,000 THB a night in high season, and yields of 5-7% on the 100 sq.m two-bedroom price points under professional hotel management.
MORE Group benchmark based on the rental history of properties owned by our clients in Phuket. Past results do not guarantee future returns: changes in Thai law, tourism flows, global events and the market can change income.
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 the exact inclusions set out in the IHG management agreement.
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 who want branded Kamala Beach living, passive IHG rental management, and 1BR entry from 13.6M THB or 2BR layouts from 25.9M THB, paid in two equal parts.
MORE Group Assessment
This is a branded lifestyle purchase with managed rental potential: an InterContinental residence on the last beachfront land of Millionaire’s Mile, with the hotel already operating next door.
The Residences represent branded living with an operating hotel already on site: no wait for amenities to open. The 50/50 payment structure is straightforward, with no milestone calendar.
| Factor | MORE Group view |
|---|---|
| Best use | Branded lifestyle plus managed rental |
| Entry value | 13.6M THB 1BR at 226,667 THB per sqm, rising to 290,957 at the top of the scheme |
| Hold case | Scarce beachfront land on Millionaire’s Mile under a global hotel brand |
| Rental income | Owner’s revenue share and residence charge set in the management agreement, which we send with the price list |
The natural comparison set for this scheme is other branded residences with an operating hotel on site, and we send that comparison with the rental management agreements side by side.
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.
Buying InterContinental Phuket Residences with MORE Group
The purchase of an InterContinental residence runs in five steps from the first price list to the keys, and we manage each of them with you.
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Current price list and free units
We ask the developer for today's price list for InterContinental Phuket Residences and send you the units that match your budget, with floor plans.
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Foreign quota on your unit
Foreign buyers hold condo freehold within the 49% foreign quota of the building, counted by floor area. We confirm with the developer that the unit you choose sits inside that quota. How the foreign quota works
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Reservation and payment schedule
A reservation deposit holds the unit, and the balance follows the developer's payment schedule, which we send with the price list.
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Transfer and registration
The purchase money arrives from abroad in foreign currency with an FET form, and the unit is registered in your name at the Land Department. The FET form explained
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After the keys
We stay in touch after handover and help with rental options and a future resale when you want them.
0% buyer commission. Ask for the current price list
With the price list we also send the IHG rental programme terms, the residence charge and the list of hotel services included for owners.
Frequently Asked Questions
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.
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, IHG manages all guest operations including bookings, check-ins, and maintenance.
The payment structure is 50% at contract signing and 50% at handover on completion, scheduled for Q3 2027. This is a simple two-tranche structure with no construction-milestone payments, and we plan both transfers from abroad with you, including the FET form. According to the developer, checked 16 September 2026.
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.
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.
The Residences are under construction next to the operating InterContinental Phuket Resort, with completion scheduled for Q3 2027. We send the latest construction update together with the price list. According to the developer, checked 16 September 2026.
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:
Live developer data · Phuket specialist reply
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MORE Group Editorial
Phuket Real Estate Experts
The MORE Group team has helped 500+ European and American buyers purchase property in Thailand. We provide legal support, 0% commission, and on-the-ground expertise with 8 years in the Phuket market.
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