Wallaya Residence Naiharn Review 2026: Prices and Units

Nai Harn, Phuket · Condos

Wallaya Residence Naiharn Review 2026: Prices and Units

From 3,960,000 THB ≈ $121,000

  • Condos
  • Under construction
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Full review of Wallaya Residence Naiharn: 285 units near Nai Harn beach. Prices from 3.96M THB, yield analysis, payment plan and honest assessment for 2026.

Prices and availability

Today's price list for this off-plan project

We send the current unit list, the payment schedule and the ownership terms, so you can choose a unit with today's numbers.

01

Current availability

Free units and developer prices, from 4M THB.

02

Foreign quota

We confirm that your unit sits within the 49% foreign freehold quota.

03

Payment schedule

Deposit, instalments and transfer timing for your unit.

04

Updated

Page updated August 2026. The price list we send is today's.

Wallaya Residence Naiharn: Our Review

Wallaya Residence Naiharn arrives into this market with serious credentials. Wallaya Villas is a developer with a track record on the island, and this project reflects that experience: a well-planned, amenity-rich condominium development with 285 units spread across three 7-storey buildings, designed for both lifestyle buyers and yield-focused investors who want exposure to one of Phuket’s most consistent rental markets.

The scale here is carefully calibrated. Large enough to support premium shared amenities, rooftop cinema, spa, co-working spaces, a dedicated kids’ club, but not so large that it feels like an anonymous resort complex. The architecture uses clean contemporary lines with extensive landscaping to create a sense of place.

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Why Wallaya Residence Naiharn Stands Out?

Proven developer. Wallaya Villas is known on Phuket for delivering on its commitments. Their track record with boutique villa projects gives buyers confidence that the quality you see in renders will reflect the finished product.

Accessible pricing with room to grow. Studios start at 3,960,000 THB, that is under 110,000 USD. For a premium condominium near Nai Harn with this amenity set, that represents good value. The Nai Harn and Rawai area has historically trailed west coast pricing but has shown steady appreciation as the south becomes better understood by international buyers.

Unit range. The mix of studio through 3-bedroom layouts (36 to 94 sq m) means the project serves multiple buyer profiles simultaneously, solo investors buying studios for yield, couples buying 1-bedroom units for lifestyle, and families buying 2-3 bedroom units for longer stays.

Wallaya Residence Naiharn, residence interior

How a Foreign Buyer Holds a Unit Here

Ownership comes first, because it decides what you are buying.

As a registered condominium, Wallaya Residence lets a foreign national hold freehold title in their own name within the building’s 49% foreign quota, which Thai law measures by total floor area rather than by unit count. That is the most secure form of ownership available to a non-Thai in this country and it is what a future foreign buyer will look for. We confirm the quota for your specific unit with the juristic office at the start.

Freehold registration for a non-resident also requires evidence that the purchase money entered Thailand in foreign currency and was converted onshore. The receiving Thai bank issues that record in your name, and we set up the transfers with you so each one arrives in foreign currency from your own account.

Units outside the foreign quota are available on a registered lease, a lawful and widely used structure that is priced below freehold. Freehold versus leasehold explains how the two compare.

Rental Yield Potential

Realistic yield estimates:

  • Studio (36 sq m): 25,000-35,000 THB/month long-term rental → 6-8% gross yield on entry price
  • 1 Bedroom (54 sq m): 35,000-50,000 THB/month → 6-7% gross yield
  • Short-term rental (Airbnb): 2,500-4,000 THB/night in high season for studios

The project’s amenity stack, especially the rooftop cinema and spa, is a meaningful differentiator on listing platforms. Properties with genuine lifestyle facilities consistently outperform comparable units without them in both occupancy rate and nightly rate achieved.

Wallaya Residence Naiharn, common area and garden

Who Should Buy at Wallaya Residence Naiharn

Wallaya Residence Naiharn suits you if you:

  • Want a freehold condo near Nai Harn beach from under 4 million THB
  • Plan long lets to the resident community of the southern bays
  • Value a full amenity set: rooftop cinema, spa, co-working and a kids’ club
  • Look for steady, moderate yields from a quiet, established market

Nai Harn at 3.96 million THB: what the address buys

Nai Harn is the quietest of the southern bays and, unusually for Phuket, its supply is genuinely constrained: the beach sits in a bowl ringed by hills and a lake, with limited buildable land behind it and no room for the kind of density that reshaped Bang Tao. That scarcity is the structural argument for owning here and it does not depend on anyone’s forecast.

What it produces is a specific demand profile rather than volume. Nai Harn draws returning long-stay visitors, retirees, families and remote workers who choose it deliberately over the tourist corridors, and who come back to the same property year after year. Occupancy through the shoulder months holds better than in districts that live on peak-week tourism, and turnover costs are correspondingly low, so we plan the income on steady year-round letting.

At 3.96 million THB the entry sits below what most of the Nai Harn and Rawai corridor asks for new-build stock, which is the reason to look. The price reflects a position a few minutes inland from the beach, which suits the resident tenant pool of the southern bays well.

Buyer Scenarios at Wallaya Residence

Scenario A, long-let income. Furnish for durability, let on twelve-month terms to the resident pool, and enjoy occupancy that holds through the monsoon. The gap between gross and net here is narrower than on a short-stay unit in a tourist corridor, and the annual result is often closer than the percentages suggest.

Scenario B, hybrid owner. You take four to eight weeks yourself and let the rest. We plan the owner weeks with you before handover, so the budget reflects which part of the high season you keep for yourself.

Scenario C, patient capital. You are buying the supply constraint. Prioritise aspect and floor, hold for the long term, and let the rental income cover the running costs. A documented revenue record supports the price at resale.

For how the southern bays compare with the rest of the island, see best areas for foreign buyers.

Editorial Assessment

Wallaya Residence Naiharn is a well-executed project that understands its market. The developer has not overreached, the pricing, unit mix, and amenity set are in clean alignment with what Nai Harn buyers actually want. The 30% first payment is followed by construction-linked stages for the remaining 70%, a structure that is easy to plan.

For investors wanting honest, predictable exposure to the south Phuket rental market without the price tag of the west coast, this is one of the strongest options in the current pipeline.

Choosing Your Unit in a 285-Unit Building

The list runs from 3,960,000 to 10,340,000 THB, and in a building this size these details set each unit apart:

What we sendWhy it matters
Floor, and the outlook from itThe view is part of the rent and the resale
Which way it facesMorning or afternoon light, and the cooling
Floor area in square metresThe rate per square metre compares units fairly
Position relative to lifts and service areasA quiet position shows up in guest reviews
Walking route to Nai Harn beachThe address is the asset
The number of comparable unitsHow your unit stands out at letting and at resale

At 3,960,000 THB the entry is low for this address, and the choice of unit and its presentation are what make it work best.

Buying Wallaya Residence with MORE Group

At Wallaya Residence the purchase runs in five steps from the first price list to the keys, and we guide you through all of them.

  1. Current price list and free units

    We ask the developer for today's price list for Wallaya Residence and send you the units that match your budget, with floor plans.

  2. 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

  3. 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.

  4. 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

  5. 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 foreign quota for your unit, as a dated statement naming the unit.
  • The FET route for a freehold registration, set up with your bank.
  • The letting position in writing: stays under 30 days are hotel business under the Thai Hotel Act and need a licence, and the registered house rules apply alongside it.
  • The CAM rate per square metre and the sinking fund contribution at handover.
  • The zoning of the neighbouring land, so you know what surrounds the view.

Frequently Asked Questions

The project is in the Rawai sub-district of Phuket Town, approximately 18 minutes' walk or 3 minutes by car to Nai Harn beach, and 67 minutes from Phuket International Airport.

285 units across three 7-storey buildings, with a mix of studios, 1-bedroom, 2-bedroom and 3-bedroom apartments ranging from 36 to 94 sq m.

Studios start from 3,960,000 THB (approximately 108,000 USD). One-bedroom units begin at 5,940,000 THB, 2-bedrooms at 9,900,000 THB, and 3-bedrooms at 10,340,000 THB.

Wallaya Residence Naiharn is under construction. The payment plan is structured across construction milestones: 30% - 30% - 15% - 15% - 10%, and we send the latest construction update with the price list.

The project includes a main swimming pool, children's pool, fully equipped gym, spa and wellness centre, co-working spaces, rooftop cinema, kids' club, landscaped gardens, and 24-hour security with CCTV.

Yes. As a registered condominium, foreign nationals can purchase up to 49% of total building area under freehold title. Units beyond that quota are available on long-term leasehold. Both structures are legally recognised in Thailand.

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MORE Group Editorial

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