1-bedroom apartment 37 m² in The City Phuket, Wichit
Main Characteristics
Apartment Description
If your goal is to buy an apartment in Phuket for comfortable permanent living or long-term rental income, this property deserves special attention. The City Phuket residential complex is located in a quiet green area of Wichit — in the heart of urban infrastructure, away from tourist hustle and bustle.
Design and space ergonomics From an interior design perspective, the Type A layout is precise down to the centimeter. The developer rejected the cramped studio format in favor of full-fledged zoning. We see an isolated bedroom, a cozy living room, and a functional kitchen area.
The interior is executed in warm, contemporary style: accents on natural wood texture, complex multi-level lighting, and laconic furniture lines visually expand the space, filling it with air. The apartment comes with a complete furniture package — the interior is already assembled on a "move in and live" principle, so you won't need to spend time selecting décor.
Investments and purchase conditions When considering real estate investments, it's important to assess the developer's reliability. The project is implemented by World Corporation Public Company Limited — a developer with 37 years of experience.
Today apartments from the developer in The City offer unique financial conditions. You can pay 50% of the cost, and for the remaining 50%, arrange a direct credit line from the developer for 15 years at 6% per annum. This makes real estate prices in this project maximally affordable, providing an excellent start for life on the island.
Infrastructure and ServicesInfrastructure and Services
Location Description
Wichit is not an overcrowded tourist location, but a respectable urban environment with clear logistics. This is where expats, top managers, and business owners live.
Within a 5-10 minute radius from the complex, you'll find everything you need:
Shopping and groceries: The island's largest shopping mall Central Phuket, hypermarkets Makro, Lotus's, Baan&Beyond, and the famous Chao Fa Variety Market.
Education and medicine: Prestigious international school HeadStart and top hospital Bangkok Hospital Phuket.
Sports and recreation: King Rama IX Park for morning jogs in the fresh air.
At the same time, thanks to excellent road connections, the drive to Kamala, Patong, or Kata beaches will take you no more than 15-20 minutes.
Real estate prices here grow not due to short-term tourist trends, but thanks to stable internal demand, which makes buying in The City Phuket a maximally reliable asset.
Thanks to the developed road network, it is easy to reach key areas of Phuket from Wichit, including popular beaches such as Patong and Kata, as well as other tourist attractions.
Property Advantages
Smart zoning
An isolated bedroom provides the necessary privacy, while the combined kitchen-living room area with access to the balcony creates a comfortable space for relaxation. The apartment is rented with a complete set of furniture.
Infrastructure within walking distance
An ideal location for living. Within a few minutes' radius are the largest shopping centers (Central Phuket, Makro, Lotus), the colorful Chao Fa market, as well as hospitals and schools. You won't have to stand in tourist traffic jams.
Unique credit line
A rare opportunity on the Phuket market: pay 50% of the down payment, and arrange the second half as a direct loan from the developer for 15 years at a fixed rate of 6% per annum.
Additional
PHASE 1 - ready-made apartments
Reservation 100,000 THB
100% - upon transfer of ownership
It is possible to obtain a loan from the developer for 50% of the cost for 15 years at 6% per annum
PHASE 2 - ready in 2027
Reservation: ฿100,000
Contract payment: 5% of the apartment cost within 10 days after reservation.
Further payments: 10% of the cost every 3 months.
10% - final payment upon transfer of ownership rights, no later than December 2027
Capital repair fund 500 baht per m², one-time
13,600 baht meter installation payment, one-time
Utility charges 60 baht per m², monthly, paid once a year
Leasehold registration (lease up to 90 years) - 1% of the cost every 30 years
Freehold registration (100% ownership) – 1% of the cost
Included in the price
Additional
PHASE 1 - ready-made apartments
Reservation 100,000 THB
100% - upon transfer of ownership
It is possible to obtain a loan from the developer for 50% of the cost for 15 years at 6% per annum
PHASE 2 - ready in 2027
Reservation: ฿100,000
Contract payment: 5% of the apartment cost within 10 days after reservation.
Further payments: 10% of the cost every 3 months.
10% - final payment upon transfer of ownership rights, no later than December 2027
Capital repair fund 500 baht per m², one-time
13,600 baht meter installation payment, one-time
Utility charges 60 baht per m², monthly, paid once a year
Leasehold registration (lease up to 90 years) - 1% of the cost every 30 years
Freehold registration (100% ownership) – 1% of the cost
Included in the price
Complex Gallery
About developer
World Corporation Public Company Limited is one of Thailand's oldest and most trusted public developers. Specializing in the construction of premium residential condominiums and large-scale commercial projects, the company firmly holds a leading position in the investment real estate market in Phuket.
Choosing the objects from World Corporation, investors receive excellent quality of construction, 100% transparency of the transaction and unique financial conditions.
Developer in facts and figures
Established in 1994: more than 32 years of impeccable experience in development and construction.
Highest level of reliability: The status of a public company (Public Co. Ltd.) guarantees full transparency of business processes and regular independent audits.
Large-scale portfolio: Diversified assets ranging from large industrial parks on the mainland (World Industrial Estate in Lamphun and Pathum Thani provinces) to modern Residential complexes on the islands.
💎 Unique advantage: 50% credit line from the developer
The main indicator of World Corporation's colossal financial strength is its absolute independence from bank loans. The developer has such strong equity capital that it lends to its buyers on its own.
Direct financing: Developer provides its clients with a credit line of up to 50% of the real estate value for its own facilities.
Investor confidence: The company's ability to lend to buyers from its own funds is the best proof that construction will never stop due to budget constraints.
Easy processing: Approval takes place in-house without complicated bank checks and unnecessary bureaucracy.
Landmark projects in Phuket
The company's portfolio includes sought-after Residential complexes in strategic locations on the island, designed for both comfortable living and stable Passive income.
The City Phuket (district Katu / Center of Phuket) Flagship ready project of the company. Fully commissioned.Ideal location just 700 meters from the largest shopping mall Central Phuket (Floresta & Festival). Residents have access to: movie theater, meeting room, meeting room, swimming pool.
ABOV Patong A new large-scale 494 unit investment complex being built in the heart of Phuket's tourist life.
The Forest Patong Condominium, harmoniously combining tropical privacy with Walking distance to the famous Patong Beach.
Who would be perfect for World Corporation?
At KVARIS Agency, we recommend looking at World Corporation projects if you fall into any of the following groups:
Expats, Remote Professionals and Digital Nomads The Developer places a strong emphasis on facilities for long-term living and working. For example, The City Phuket features full-fledged co-working spaces (The City Work) and recreational areas, while its central location 700 meters from Central Phuket eliminates the need to stand in tourist traffic.
Leveraged Investors A unique 50% line of credit from the Developer itself is ideal for those who do not want to withdraw all the capital from their business at once, or who plan to purchase a more premium lot with borrowed funds.
Conservative buyers looking for 100% security of transaction The status of a public company and more than 32 years of experience in the Thai market exclude the risks of under-construction or bankruptcy. This is the choice for those who are looking for maximum transparency and guarantee of safety of investment.
The developer's projects cover the most popular rental locations: The City Phuket will provide year-round occupancy for long-term expat rentals, while the complexes on Patong (ABOV, The Forest) will generate highRental yields during the high tourist season.
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