BANGKOK, THAILAND – Media OutReach Newswire – 15 October 2025 – Proud Real Estate Public Company Limited (PROUD) announces the launch of The Residences at InterContinental Phuket Resort, a prestigious development with an investment exceeding THB 2.5 billion (around $77 million USD). This is the company’s second Branded Residences project in Thailand under the globally renowned InterContinental brand, introducing a transformative concept of residential living themed ‘Live Beyond Boundaries in Paradise’ on the coveted beachfront of Kamala Beach, Phuket. Residents will enjoy a seamless lifestyle integrated with the InterContinental Phuket Resort, backed by a Two Michelin Keys award. The ultra-exclusive development comprises only 111 units, offering exclusive privileges and full access to premium amenities in Phuket’s premier ‘Millionaire’s Mile’ location.
For over 20 years, IHG Hotels & Resorts (IHG) and PROUD’s management team have fostered a strong partnership, delivering successful hotel developments and residential projects under various global brands. PROUD’s first InterContinental branded residences, the InterContinental Residences Hua Hin, achieved remarkable market success and set a new benchmark for luxury living in the region, contributing to the increase in average property prices in Hua Hin.
PROUD continue this success with the launch of The Residences at InterContinental Phuket Resort — a prestigious development with an investment exceeding THB 2.5 billion (around $77 million USD) that redefines luxury living on Kamala Beach, Phuket. The development is completed with services from InterContinental Phuket Resort, the only InterContinental property in the world to receive the prestigious Two Michelin Keys award.
Mr. Pasu Liptapanlop, Director of PROUD, said “Drawing upon our extensive experience and proven success in developing world-class luxury real estate projects across Bangkok and Hua Hin, PROUD is now ready to expand our residential development into Phuket province, a world-class destination regarded as one of Asia’s most highly sought-after luxury real estate city.”
