The Olivecondos in Nai Yang, Phuket

The Olive is a residential complex by Rhom Bho Property PLC in Nai Yang, on Phuket's north-west coast: Nai Yang Beach is 755 metres away, the Tops and Big C supermarkets sit within 600 metres, and Phuket International Airport, per the developer, is a few minutes' drive. Handover is set for the first quarter of 2029.

The building holds only two formats, and there is nothing in common between their areas: one-bedrooms from 31.8 to 52.2 m² and two-bedrooms from 55.9 to 62.8 m² — the bands don't overlap, leaving a gap of a few square metres between them. One-bedrooms noticeably outnumber two-bedrooms here: The Olive is built first for a single owner or a couple, not a family.

If you are going to live here

Two schools sit nearby, at 783 and 886 metres, along with Sirinart Naiyang Park at 777 metres, and the Tops and Big C supermarkets within a ten-minute walk. For an area that runs on tourism, that is an unusually complete set of daily infrastructure for a family with children — but most of the building is one-bedrooms, so a family would be choosing from the noticeably smaller two-bedroom group rather than the bulk of supply.

If you are buying to let

Nai Yang Beach at 755 metres and the nearby airport favour tourist flow, but it's the one-bedrooms — the building's main format — that carry nightly letting: the compact areas are sized for one or two guests. The two-bedrooms suit a longer-term tenant or a family staying a season rather than a weekend.

If you are holding for capital growth

Handover is set for the first quarter of 2029: more than two years remain before completion, so most of the construction-stage gain is still ahead. The building splits into just two formats with nothing in between, and the proximity of the beach, two schools, and the airport keeps demand for the area alive independent of any one project.