Midori

 (Write Review)
Ratsada, Phuket Town, Phuket
Oct 2026 Off Plan
20 Units
13,667 Sqft Project Area

Overview of Midori in Ratsada, Phuket

Midori is a house and villa project located in Ratsada, Phuket and it is scheduled for completion in Oct 2026. It has 20 units and was developed by Porjai Group Development Co.,Ltd, who is also behind Lay Pearl

About Midori

The Midori Project is nestled on a hill that rises from 30 to 55.5 meters above sea level. This elevated position affords breathtaking views of the city below, as well as the majestic Bang Chi Lao Mountain and the coveted sea view of Leam Hin.

The name "Midori" was inspired by the city of Midori in Gunma Prefecture, Japan, which is also encircled by mountains. In Japanese, "Midori" translates to "green," evoking a sense of contentment and fulfillment.

The building's design is contemporary, incorporating elements of shape and utility. It embraces the Wabi-Sabi concept, where beauty is found in nature's imperfections. The building offers adaptable functionalities to accommodate the needs of its residents.

The color tones chosen emphasize the essence of feelings, allowing residents to appreciate life's small details and find satisfaction in their surroundings.

Available Units at Midori

Get notified when new homes are being added to Midori
View All (1)
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure
Communal Garden Area
Convenience
Car Parking
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units : 200%
Parking Type : Conventional
Charging Stations on Site : No

Management

Common Area Management Fee :
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$1/SqM
Sinking Fund :
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Midori the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
$18/SqM
Electricity Price : Government Rate
Water Price : Government Rate
Pets : All Kind of Pets Allowed

Payment Plan

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
$3,000
1st Installment
Upon contract signing
35%
2nd Installment
Completion of Building StructureStructure Piling & Foundation Complete
25%
3rd Installment
Architecture Completed
25%
4th Installment
100% construction completion
10%
5th Installment
On handover
5%

Master Plan

About the Developer - Porjai Group Development Co.,Ltd

All Porjai Group Development Co.,Ltd Projects
2 Projects 22 Units

Frequently Asked Questions

Frequently asked questions about Midori
All kind of pets are allowed at Midori including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at Midori is ₿0 per square meter based on the plot size of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Midori the required payment for the sinking fund is ₿0 per square meter based on the size of the plot size of the property.
Phuket Bus Terminal 2 is the nearest Bus Terminal from Midori and it is 1.9 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.


Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?


Read more here

After you have found the right property at Midori you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
$3,000
1st Installment
Upon contract signing
35%
2nd Installment
Completion of Building StructureStructure Piling & Foundation Complete
25%
3rd Installment
Architecture Completed
25%
4th Installment
100% construction completion
10%
5th Installment
On handover
5%

Read more here

 

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Phuket
Ratsada
Neighborhood Overview of Ratsada, Phuket

Neighborhood Overview

Location and Neighborhood

Street View

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