Off-plan contract assignment
VIP Space Odyssey O-1208 Resale — Studio, 20% Below List
Off-plan resale at VIP Space Odyssey Rawai — studio O-1208, 29.4 m² on floor 2, garden view, leasehold, furniture included. Listed at 3.516M THB after 20% seller discount.
- Type
- Studio
- Size
- 29.4 m²
- Floor
- 2
- Unit
- O-1208
- View
- Garden
- Tenure
- leasehold
- Completion
- 2027 seller schedule
- To beach
- 600 m to sea
Why this resale
- ✓ Studio O-1208, Type A layout, 29.4 m² on floor 2 of Building 1
- ✓ Seller collateral lists 3.516M THB after a 20% discount from 4.395M THB
- ✓ Garden view, leasehold tenure, and furniture package advertised as included
- ✓ Rawai hillside location, around 600 m from the sea per original listing
- ✓ Optional guaranteed rental programme advertised at 6% annually for three years
- ✓ EIA date shown as 2024 in the seller materials; schedule must be reconfirmed before reservation
O-1208 in one sentence
O-1208 is the lower-ticket VIP Space Odyssey resale: a 29.4 m² studio on floor 2 of Building 1, garden-facing, leasehold, with furniture advertised as included and a seller price of 3.516M THB versus a 4.395M THB reference list.
That puts the unit in the sub-3.6M THB Rawai entry band while keeping the branded VIP Property project, resort amenity package, and optional rental-programme narrative attached.
Unit snapshot
- Unit: O-1208
- Type: Type A studio
- Size: 29.4 m²
- Floor: 2
- Building: 1
- View: garden
- Tenure: leasehold
- Furniture: advertised as included
For buyers comparing Rawai studios, the key variable is not only the headline price. It is the all-in basis after sinking fund, utility setup, transfer cost, common-area fees, and the practical rental contract. O-1208 stays simple: small footprint, low absolute ticket, and a layout aimed at long-stay singles or couples rather than family occupancy.
Price and cost sheet
| Item | Amount |
|---|---|
| Reference list price | 4,395,000 THB |
| Seller discount | 879,000 THB |
| Current resale price | 3,516,000 THB |
| Price per m² | 120,000 THB |
| Sinking fund | 11,720 THB one-time |
| Water / electricity meters | 5,000 THB one-time |
| Transfer cost shown in pack | 35,160 THB |
| Common-area fee | 21,096 THB per year |
The seller material frames the discount as a clean 20% reduction. We still treat that as a starting point, not a substitute for due diligence. Before reservation, we verify the original SPA, payment history, remaining instalments, assignment fee, and whether furniture specs are identical to the marketing pack.
Location and stack
The source pack places VIP Space Odyssey on a Rawai hillside around 600 m from the sea, with the wider south-Phuket lifestyle thesis built around Rawai, Nai Harn, Promthep Cape, cafés, gyms, beaches, and long-stay expat demand. The unit itself is garden-facing, so the investment logic is ticket discipline rather than paying for a high-floor sea-view premium.
Rental programme angle
The seller pack advertises a 6% annual guaranteed rental income, equal to 210,960 THB per year and 632,880 THB over three years, with 15 days of owner use each year.
That can be attractive for passive buyers, but it needs contract-level review. We check who guarantees the rent, when payments are made, whether owner-use periods are restricted, who pays utilities and linen, and what happens after the first three-year term.
Facilities shown in the original pack
VIP Space Odyssey is presented as a resort-style Rawai complex with internal courtyards, children’s areas, singing fountains, lobby spaces, restaurant, rooftop pools, gym and kids’ club. These visuals matter because studios rent on convenience and lifestyle more than private square metres.
Who this fits
O-1208 is for buyers who want the lowest sensible entry point into VIP Space Odyssey rather than the best view in the building. It fits a Rawai long-stay thesis: digital nomads, solo tenants, couples, or passive rental-programme participation.
It is less suitable if you need a separated bedroom, high-floor sea view, or a shorter construction horizon. Ask us for the full seller pack, remaining payment schedule, rental contract draft, and side-by-side comparison with O-1801 before reserving.
Request a short consultation via the enquiry form below if you want the assignment pack, instalment waterfall and a comparable Rawai shortlist.
Frequently Asked Questions
This is unit O-1208 at VIP Space Odyssey: a Type A studio of approximately 29.4 m² on the second floor of Building 1. The seller material positions it as an off-plan leasehold assignment with furniture included.
The Teletype seller pack shows a list price of 4,395,000 THB and a discounted asking price of 3,516,000 THB, equal to a 879,000 THB or 20% nominal reduction.
The source pack lists a sinking fund of 400 THB per m² (11,720 THB), utilities meter setup of 5,000 THB, ownership transfer cost of 1% of the unit price (35,160 THB), and common-area management at 60 THB per m² per month, shown as 21,096 THB annually.
The source material advertises a 6% annual guaranteed rental income, equal to 210,960 THB per year and 632,880 THB over three years, with 15 owner-use days per year. Buyers should verify the final rental-management contract, payment timing, exclusions, and operator obligations before relying on it.
The seller pack states construction start in 2025, EIA date 2024, and completion in 2027. Because project schedules can move, MORE Group will request the latest developer schedule, payment milestones, and assignment consent before any reservation.
Request VIP Space Odyssey O-1208 details
Floor plan, full price breakdown, payment schedule, and legal Q&A — sent within 2 hours.
