The Teak Forestias is a villa complex ideally located in the most prestigious residential area of Phuket.
With easy access to a range of amenities and infrastructure, residents are guaranteed to enjoy exceptional privacy, comfort, and convenience.

PROJECT INFORMATION
Developer: Chanyawee Development Co., Ltd. and The Teak Property Co., Ltd.
Location: Soi Pasak 4/1, Chemgthalay, Thalang, Phuket, Thailand
Project Area: 8,000 sqm (5 rai)
Number of Villas: 13
Concept: Modern design luxury villas with pools
Villa Types:
Type A (5+1 bedrooms)
Built-up Area: 740.71 sqm
Plot Area: 527.76 to 625.45 sqm
3 villas

Type B (4+1 bedrooms)
Built-up Area: 569.01 sqm
Plot Area: 414 to 571.09 sqm
6 villas

Type C (4+1 bedrooms)
Built-up Area: 481.33 sqm
Plot Area: 408.31 to 473.59 sqm
4 villas

Ownership: Freehold and Leasehold
Construction Start: 2023
Completion: 2025

OWNERSHIP all villas are registered are both freehold and leasehold
⚫ Leasehold: applies to foreign buyers, with a lease term of 30 years + 30 years + 30 years
⚫ Freehold: applies to Thai citizens and foreigners purchasing under a Thai company name, granting ownership rights to both the land and the villas
⚫ All taxes and registration fees for ownership transfer will be split 50/50 between the buyer and the developer

PAYMENT TERMS
2% - reservation deposit
28% - upon signing the Sales and Purchase Agreement, within 30 days of deposit payment
20% - upon completion of the main structure or within the 4th month of construction
25% - upon completion of the roof and walls or within the 8th month of construction
15% - upon completion of windows, doors, and floor finishing or within the 12th month of construction
10% - upon villa completion or within the 14th month of construction

VILLA CONSTRUCTION PERIOD - within 14 months from signing the Sales and Purchase Agreement

⚫ Villas are delivered with a pool, solar panel system, water heater, landscaping, air conditioning, built-in furniture, and kitchen.
⚫ Common area maintenance fee includes 24/7 security and surveillance, garbage collection, common area lighting, and garden maintenance.
⚫ Sinking Fund: THB 100.000
⚫ Furniture Package: THB 3.500.000, optional purchase