Proud Real Estate: Phuket Developer and Projects
Proud Real Estate is a listed Thai developer of branded residences. Our catalogue features one of its projects — InterContinental in Kamala, priced from THB 13.9M. Below: what is known about the company and what to check before you buy.
Projects in our catalog: 1
About Proud Real Estate
A publicly listed Thai developer specialising in luxury branded residences in partnership with international hotel operators; established in 1989 and relaunched under the Proud brand in 2019. It delivered Thailand's first InterContinental-branded residences — InterContinental Residences Hua Hin (completed 2021) — with Vala Hua Hin, ROMM Convent and Vehha also in its portfolio. In Phuket it is building The Residences at InterContinental Phuket Resort in Kamala: 111 residences beside the operating resort, an investment of over THB 2.5 billion, completion in 2027.
Proud Real Estate projects in our catalogue
Our catalogue features InterContinental: a condominium in Kamala (Kamala), under construction, priced from THB 13.9M.
Proud Real Estate reviews: what to check before buying
Check which legal entity signs the contract and who holds the land title and the building permit: projects are often run by a separate project company rather than the parent brand. For a listed company, its stock-exchange filings are also worth a look. For off-plan units, check the building permit (and the EIA for larger complexes), the stage-based payment schedule, the completion date and delay penalties, and exactly what the price includes — furniture, appliances, parking.
Legally, a condo can be owned freehold within the building's 49% foreign quota, with funds sent from abroad (FET certificate). Online reviews help, but it is more reliable to visit the developer's completed projects: see how the finishes have aged, how the management company performs and what the real rental occupancy is. We request these documents before you reserve and go through them with you.