‘Garden Atlas’ Trendsetter in Real Estate Unveils GARDEN ATLAS BAYVIEW with a value exceeding 2 billion baht selling ultra-luxurious villas in a Modern Bali Contemporary style with an average price of 150 million baht, located in the Bay of Makham, Cape Panwa, a “Rare Coastal Location” on the eastern side of Phuket.​Confident that in 10 years, the Bay of Makham can rise to become the Monaco of Asia, with comprehensive potential comparable to wealthy cities offering luxurious lifestyles like “Monaco.” The goal is to elevate the GARDEN ATLAS brand to a global Residences Brand targeting the luxury home market valued at 5 million dollars.


Mr. Torsak Jaichuen, CEO of Garden Atlas Bayview Villa Co., Ltd., the developer of this ultra-luxury residential project, revealed that the company has launched the GARDEN ATLAS BAYVIEW project, an ultra-luxury residential development located in the Bay of Makham, Cape Panwa, Phuket, on a 16-rai area with 15 units priced at an average of 150 million baht, totaling over 2 billion baht. The villas are designed with large house functions featuring 6 bedrooms, 8 bathrooms, 2 kitchens, 3 relaxation spaces, and 3 parking spaces.​ The project includes 2 swimming pools with 6 honeymoon seat daybeds in a large 6x15 meter pool and a special rooftop garden area with a pavilion. The pool is designed to create a unique experience that extends into the air, featuring a two-sided clear pool area connecting the lower pool space with underwater views. A spiral staircase connects the large lower area with the pool level, and a staircase extends to the upper garden to enhance the panoramic views. The total usable area of the villa, both indoors and outdoors, is approximately 1,585 square meters.

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The project is developed under the concept of Timeless, showcasing contemporary beauty that transcends time with Modern Bali Contemporary style villas using easy-to-maintain low-maintenance materials for a well-being lifestyle. All materials are high-end, focusing on creating a unique living experience for both short and long stays or special occasions, allowing residents to celebrate in fully functional spaces. A sound system is installed throughout the common areas of the house for all activities, along with Home Automation technology to facilitate living. The project features a luxurious clubhouse that exceeds standards, a full-function fitness center, paddle tennis, and dining and café areas to welcome residents' guests, with parking for over 30 cars and event spaces accommodating up to 150 participants.

The decision to develop the GARDEN ATLAS BAYVIEW project in the Bay of Makham, Cape Panwa, is due to its current and future potential. This area resembles major coastal cities worldwide, such as Monaco, which spans only 2.02 square kilometers, making it the second smallest in the world, located in the south of France and bordering the Mediterranean Sea. Known as a center for luxurious and wealthy living, it is recognized as a city for billionaires. It is anticipated that within 10 years, the Bay of Makham, Cape Panwa, will gain popularity similar to Monaco, as Monaco currently has limitations on new developments and real estate prices are soaring, with condominium prices ranging from 52,000 to 130,000 euros per square meter. In comparison, real estate prices in the Bay of Makham, Cape Panwa, are still accessible and offer good value but are expected to continue rising in line with the area's development potential.

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“With over 20 years of experience in residential development, we see the potential of this location, which will grow into a destination for Maritime Luxury Living, a high-end residential area and coastal lifestyle, offering panoramic sea views from hilltops, overlooking three bays, and featuring a marina. This is considered a Rare Coastal Location on the eastern side of Phuket. Cape Panwa will become the Monaco of Asia, a leading international coastal city where buyers do not just own a home but embrace a global lifestyle. Therefore, purchasing real estate in this location is seen as a valuable investment with increasing returns in the future,” the executive stated.

The Bay of Makham, Cape Panwa, stands out above all other locations in Phuket due to: 1. True Coastal Privacy, a tranquil and rare coastal area undisturbed by noise; 2. Maritime-Ready Location, with deep waters and calm bays suitable for yacht docking and international sailing; 3. Seamless Yachting Access, close to international marinas and comprehensive Ocean Leisure services; 4. Scarcity Drives Value, limited bay-front locations that appreciate over time; and 5. Prestigious, the only bay in Phuket where access is not limited to road travel but also by boat, and in the future, by seaplane for unique travel experiences. The government and private sectors are pushing for the development of a seaplane terminal in Phuket to connect resort destinations like Koh Samui, Pattaya, and Hua Hin, reducing travel time across the Gulf of Thailand and the Andaman Sea, currently in the EIA process and policy push.

The executive further stated that Phuket is continuously developing its infrastructure, including the second phase of the Phuket Airport development project, the Kathu-Patong expressway, and the development of a 42 km light rail (MRTA) to connect the airport, city, and Chalong, easing the burden on main roads. The Seaplane Terminal project is also in the works, with plans for a new deep-sea port terminal in the Bay of Makham (Cruise Terminal) to accommodate large cruise ships without the need for tendering, elevating Phuket to a “gateway port” for the Andaman and ASEAN, making travel to Phuket convenient by land, sea, and air.

Currently, Phuket offers comprehensive amenities for living, including transportation systems by air, road, and sea, leading hospitals with JCI standards, top wellness centers, 16 international schools, tournament-standard golf courses, and Michelin-star restaurants, making it an ideal location for the Ultra Rich seeking value for money compared to living in maritime cities or other water culture cities worldwide, with only three examples of development: 1. Monaco, 2. Hong Kong, and 3. Singapore.

“From the inception of the GARDEN ATLAS BAYVIEW project, we believe it will contribute to transforming the Bay of Makham, Cape Panwa, into the Monaco of Asia. Throughout our journey, the company has not only been a real estate developer but a creator of new global market directions, a trendsetter, not just a project designer. Our past experience includes developing villas priced at 1 million dollars that were among the first inland villas, leading many developers to follow suit. Therefore, we must go beyond ourselves to develop new areas, focusing on the potential of the Bay of Makham, Cape Panwa, and Phuket, targeting the Ultra Rich or billionaires who choose to reside here,” Mr. Torsak stated.

The CEO of Garden Atlas Bayview Villa also revealed that the company has adopted the concept of “Life Curated” in developing the GARDEN ATLAS BAYVIEW project, representing a new idea of property ownership where owners can design their lives and assets according to their desires. It is believed that the target customers of the project, who are business owners in Thailand and wealthy investors both domestically and internationally, including Hybrid Billionaires with vision, can see opportunities for returns from owning a villa in the project, which can generate rental income from high-end clients ranging from 1,650 to 4,200 dollars per night, and can appreciate over time as an asset of high value.

“The Garden Atlas Bayview project reflects the vision of seasoned high-end real estate professionals who are not followers but trendsetters ready to create something new and different with true standards, value, and taste. The company’s next goal is to elevate the Garden Atlas brand to become a global Residences Brand targeting the luxury home market valued at 5 million dollars,” Mr. Torsak stated.

Ms. Prakaya Phet Meeshuasar Head of Real Estate Sales Department, Phuket, CBRE Thailand stated that the vacation villa market continues to grow, with sales expected to increase by 23% in 2024 compared to the previous year, marking continuous growth over the past three years. In the luxury segment with properties priced above 90 million baht, the market supply is only 6.89%, with over 76% already sold. The most popular location is the southern eastern coastline, achieving sales of up to 92.8%. The reason this area attracts significant interest in the luxury market is due to the stunning sea views lined with various islands, making the scenery beautiful and dynamic with cruise ships docking, thus making it a potential location that can attract high-end investors and buyers from around the world seeking a superior lifestyle and long-term investment value.

Additionally, customer behavior in purchasing vacation villas indicates that 68% are for investment purposes and 31% for personal residence, with 57% of customers being Thai and 43% foreign, primarily from Europe, America, and Asia, including the UK, Hong Kong, and the USA in that order.