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The Residence
Thep Krasattri, Thalang, Phuket
Overview of The Residence in Thep Krasattri, Phuket
The Residence is a house and villa project located in Thep Krasattri, Phuket and was completed in Apr 2022. It has 24 units and was developed by Andaman Asset Solution Co., Ltd., who is also behind The Residence Prime, The Trinity Prime and The Trinity Village.
Video of The Residence
- Project Overview
Available Units at The Residence
For Sale 6
For Rent 5
£583,000
£1,660/SqM
3
Beds
5
Baths
352
SqM
Size
568
SqM
Plot Size
Fully Furnished
Garden View
£478,000
£1,360/SqM
3
Beds
5
Baths
352
SqM
Size
197
SqM
Plot Size
Fully Furnished
Pool View
£560,000
£1,720/SqM
3
Beds
4
Baths
325
SqM
Size
200
SqM
Plot Size
Fully Furnished
Pool View
£604,000£670,000
£1,720/SqM
3
Beds
5
Baths
352
SqM
Size
-
Plot Size
Fully Furnished
Pool View
£604,000
£1,720/SqM
3
Beds
5
Baths
352
SqM
Size
568
SqM
Plot Size
Fully Furnished
Pool View
£604,000
£1,720/SqM
3
Beds
5
Baths
352
SqM
Size
568
SqM
Plot Size
Fully Furnished
Pool View
Get notified when new homes are being added to The Residence
View All (6)
Previous Sales (Secondary Market) at The Residence
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price
Facilities and Floor Plans
Facilities
Leisure
Communal Pool
Clubhouse
Fitness
Communal Gym
Convenience
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)
Parking & Lift
Ratio of Parking Spaces to # of Units
: 200%
Parking Type
: Conventional
Charging Stations on Site
: No
Management
Common Area Management Fee :
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
£206/SqM
Sinking Fund :
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Residence the required payment for the sinking fund is £4,110 per square meter based on the size of the indoor area of the property.
£4,110/SqM
Pets :
All Kind of Pets Allowed
Payment Plan
Installment
Milestone
Payment
Reservation Deposit
Immediately
£467
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%
Master Plan
About the Developer - Andaman Asset Solution Co., Ltd.
All Andaman Asset Solution Co., Ltd. Projects
6 Projects
140 Units
Andaman Asset Solution Company Limited is a real estate development company based in Phuket specializing in unique modern design pool villas.
Our distinctively designed properties are built for people who are looking for pure perfection, workmanship, quality and the latest technology.
We have an experienced team of the best design professionals ready to provide you with the highest value, quality and service in Phuket.
We construct with sustainable quality, authentic materials and furnished with only the best handpicked furniture. Our communities are well maintained to ensure maximum value for the properties.
Create your lifestyle living in Phuket at Andaman Asset Solution.
andaman asset solution
Frequently Asked Questions
All kind of pets are allowed at The Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at The Residence is £206 per square meter based on the plot size of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Residence the required payment for the sinking fund is £4,110 per square meter based on the size of the plot size of the property.
Bang Tao Beach is the nearest Beach from The Residence and it is 3.5 km away.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.
After you have found the right property at The Residence you have to follow these steps:
- - Agreement of terms and conditions
- - Reservation Agreement
- - Reservation Deposit
- - Sales and Purchase Agreement
- - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
£467
1st Installment
Upon contract signing
30%
2nd Installment
Super Structure
30%
3rd Installment
Topping Out
20%
4th Installment
On handover
20%
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.
- - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
- - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
- - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
Reviews
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Phuket
Thep Krasattri
Neighborhood Overview
-
Buy
£37.2K - £34.8M -
For Sale on LivePhuket
932 properties -
Rent
£278 - £10.5K -
For Rent on LivePhuket
240 properties -
To Ma Doo Bua
0.8 km / 1 minute by driving -
To Phuket International Airport
15.0 km / 19 minutes by driving
Location and Neighborhood
Surrounding area
The Residence is conveniently located just 700 m from 7-Eleven 7-Eleven Ban Don Community branch, which can be reached within 9 mins. by foot.
There are many other shops situated in the area of The Residence, the 3 closest being:
- Dutch Mill Dairy Center, Thalang Branch is 390 m away (about 5 mins. by foot)
- Shoes shop Atcharaporn is effective. is 1.7 km away (an approx. drive of 4 mins.)
- Sopara Soi Thanit is 1.2 km away (an approx. drive of 2 mins.)
The surrounding area, where The Residence is situated, offers a wide variety of restaurants. See the closest of them below:
- Curry Rice Nakhon 3 is 20 m away (a walk of about 1 min.)
- Klong Thalang Boat Noodles (Boat Noodles, Khlong Thalang) is 20 m away (a walk of about 1 min.)
- An a la carte restaurant, Ji Patch is 90 m away (a walk of about 1 min.)
Thalang Clinic Lab Thalang Clinic Clinic is the nearest health facility, which is 1.7 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of The Residence are:
- Charoen Wai International Nursery is 140 m away (about 2 mins. by foot)
- Tech Houses is 180 m away (about 2 mins. by foot)
- Thalang Wittaya School is 250 m away (about 3 mins. by foot)
Phuket International Airport is located 14.8 km from The Residence and it takes about 18 mins. by car or taxi (depending on the traffic) to get there.
Projects Nearby The Residence
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Residence Prime
Location
Thep Krasattri, Thalang, Phuket
Number of units
28
Sales Prices
£612K - £619K
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Project Name
Peykaa Estate Villas
Location
Thep Krasattri, Thalang, Phuket
Number of units
18
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Project Name
East Bangtao Ville
Location
Thep Krasattri, Thalang, Phuket
Number of units
59
Monthly Rentals
£817 - £2.33K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Ananda Lake View
Location
Thep Krasattri, Thalang, Phuket
Number of units
183
Monthly Rentals
£933 - £3.27K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Mouana Serenity Cherngtalay
Location
Thep Krasattri, Thalang, Phuket
Number of units
16
Sales Prices
£775K - £1.04M
Monthly Rentals
N/A
Year Built
Jan 2025
Completion Status
Off Plan
Project Name
Baan Kanjanaville
Location
Thep Krasattri, Thalang, Phuket
Number of units
26
Sales Prices
£91K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Project Name
Baan Don Village
Location
Thep Krasattri, Thalang, Phuket
Number of units
87
Sales Prices
£58.1K - £319K
Monthly Rentals
£770
Year Built
Dec 2004
Completion Status
Completed
Project Name
Botanica The Residence (Phase 4)
Location
Thep Krasattri, Thalang, Phuket
Number of units
16
Monthly Rentals
£5.83K - £7.7K
Year Built
Feb 2020
Completion Status
Completed
Project Name
The Kiri Villas
Location
Thep Krasattri, Thalang, Phuket
Number of units
20
Sales Prices
£397K - £604K
Monthly Rentals
£2.1K - £5.13K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Tann Anda Resort
Location
Thep Krasattri, Thalang, Phuket
Number of units
10
Sales Prices
N/A
Monthly Rentals
£350 - £653
Year Built
Feb 2018
Completion Status
Completed
Projects Nearby The Residence
Save
The Residence Prime
Peykaa Estate Villas
East Bangtao Ville
Ananda Lake View
Mouana Serenity Cherngtalay
Baan Kanjanaville
Baan Don Village
Botanica The Residence (Phase 4)
The Kiri Villas
Tann Anda Resort
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