CG Capital Launches 'Purita Phuket Bang Tao' Luxury Residential Project

CG Capital has officially entered the premium residential sector with the launch of its latest project, 'Purita Phuket Bang Tao'. According to Prachachat Business, the development comprises 258 condominium units with starting prices from 7.29 million baht, alongside luxury villas priced up to 100 million baht. The developer is targeting a VIP sales milestone of over 30% during the initial launch phase on October 29, 2026.

For residents and potential investors, this project highlights the ongoing demand for high-end, long-term living spaces in Phuket. The developer emphasizes that the project is designed to cater to the growing rental market, projecting annual rental yields between 8% and 12%. This development reflects a broader trend of luxury real estate expansion in Phuket, aimed at both affluent residents and investors seeking stable returns in the island's property market.

While the project launch is underway, several details remain to be confirmed, including the specific completion timeline for the construction and the final breakdown of amenities available to residents. Prospective buyers and interested parties should monitor official updates from CG Capital regarding the project's development milestones and long-term management plans.