Naiyang · Assetwise Public Co., Ltd.
The Olive
From ฿4.04M
Price per sqm: ฿127,119
Assetwise Public Co., Ltd.
Developer
Naiyang
District
Construction from 2027 — completion Q1 2029
Completion
291 units (287 residential + 4 commercial) across 2 buildings (8 floors) + facilities building
Total units
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About this development
The Olive is a new residential project by Assetwise Public Co., Ltd., built under the developer's "The TITLE" brand with a concept the developer calls The Modern Classic Mediterranean Twist — contemporary architecture layered with Mediterranean-inspired detailing. The project sits in Naiyang, on Phuket's north-west coast near the island's airport, on a 6,490 sqm plot (around 4 rai) that the developer has split deliberately generously between buildings and green space: roughly 2,069 sqm of common area, 1,340 sqm of landscaped gardens, and a further 213 sqm given over to pools. The development comprises two eight-storey residential buildings plus a separate dedicated facilities building, together holding 291 units in total — 287 residential apartments and four ground-floor commercial units for shops or services. Residential layouts cover four configurations: a one-bedroom, a larger one-bedroom-plus, and two two-bedroom sizes (2 Bedroom S and 2 Bedroom M), alongside the commercial space for anyone looking to combine a Phuket investment with a small retail or service unit. Assetwise has built an unusually extensive facilities list into The Olive — 29 named zones in total, split 14 outdoor and 15 indoor. Outside, residents get a dedicated lap pool, a separate children's pool, a pet's park for owners who travel with animals, a yoga lawn, and landscaped tropical gardens and relaxation areas threaded through the grounds. Indoors, the facilities building houses a steam room and sauna, a fully equipped fitness centre, a co-working space, a kids' club, and a reception lobby. Parking runs to 115 car spaces — including two EV charging bays and five accessible spaces — plus 39 dedicated motorbike spaces. Construction is scheduled to begin in 2027 with completion targeted for the first quarter of 2029, on a foreign-quota ownership structure. Pricing starts from 4,042,400 THB, roughly 127,119 THB per square metre, with payment split 25% on booking (due within 14 days), followed by three further instalments of 25% each; the reservation deposit is 100,000 or 200,000 THB depending on unit type. As with every off-plan project Apartwell lists, the developer's permits, land title and financing structure are reviewed before the project is added to our catalogue.
Amenities
Swimming pool
Gym
Sauna
Co-working space
Pet friendly
24-hour security
CCTV
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Unit types
1 Bedroom; 1 Bedroom Plus; 2 Bedroom S; 2 Bedroom M; commercial units also available.
Payment plan
Foreign quota (FQ) structure: 25% on booking (due within 14 days), then three further instalments of 25% each. Reservation deposit: 100,000 or 200,000 THB depending on unit type.
Frequently Asked Questions About The Olive
Can I buy a unit at The Olive remotely, without visiting Thailand?
Yes. New-development purchases in Pattaya are usually completed by power of attorney and bank transfer from abroad — personal presence at signing isn't required. We guide remote buyers of The Olive through every step, from reserving a unit to registering the title at the Land Department.
How does title registration for a new development differ from buying a completed condo?
At a new development like The Olive, the Chanot — the title deed — is registered in your name only after construction is complete and the price is paid in full, not immediately at the sale as with a completed condo. Until then, your rights are protected by the sale and purchase agreement with the developer. As with completed buildings, a foreigner can register a unit as freehold if the building's foreign quota — up to 49% of floor area — hasn't been filled yet.
Do I need to pay tax when buying a new development in Pattaya?
Registering the transaction at the Land Department involves a transfer fee, and if the unit is being sold for the first time by the developer, an additional specific business tax. How these costs split between the developer and buyer for The Olive is set out in the sale and purchase agreement — confirm this with our team before reserving.
Can I rent out a unit at The Olive after buying it?
Yes, a foreign owner of a Thai condominium can freely rent out their unit — long-term or short-term — unless the building's own house rules restrict it. Check with our team whether The Olive has its own short-term rental restrictions before making a decision.
Who is the developer of The Olive?
The Olive is being built by Assetwise Public Co., Ltd.. Before listing a project in our catalogue, we check the developer's construction permit, land rights, and financial standing — part of Apartwell's legal due diligence for every new development.
When is The Olive due for completion?
According to the developer, the construction timeline for The Olive is Construction from 2027 — completion Q1 2029. Completion dates for new developments in Thailand can shift, so we recommend checking the current construction status with our team before reserving.
How much does a unit at The Olive cost?
Units at The Olive start from ฿4.04M. The final price depends on the unit type, size, floor, and view — ask our team for the current price list.
What's the payment plan at The Olive?
The Olive has its own developer payment plan — full terms are in the “Payment Plan” section on this page. Most Pattaya new developments follow a similar structure: a reservation deposit, staged payments through construction, and the balance due at title transfer.
This information is general and educational, compiled from public sources as of 11/10/2026. It is not legal or tax advice and does not replace review of your specific situation by a licensed Thai lawyer. Thai tax rates, thresholds, and legal requirements may change — confirm current conditions with independent legal counsel before signing any document.