A unique professional community is taking shape in Phuket — the Phuket Property Association, uniting developers, agencies, and other market participants. It’s more than just a network of shared interests — it’s a response to the times: the need for regulation, increased trust, and transparency in a rapidly growing island market.
In the Sid Consultancy podcast, Bohdan Dyachuk and the Undersun Estate team, as co-founders of the Phuket Property Association, shared the background of the association's creation, its goals, and upcoming initiatives that are already beginning to reshape the industry.
Why the Market Needs an Association
Phuket’s real estate market remains highly dynamic: rising interest from foreign buyers, a variety of legal structures, and fragmented information. In such conditions, the need for professional ethics, quality standards, and open dialogue among market players is especially urgent.
Key Topics Discussed
- Professional Standards. Voluntary accreditation of member companies, verified by documentation and business reputation checks.
- Data Transparency. Development of a digital platform for Association members to exchange up-to-date developer plans, pricing, and construction statuses.
- Training and Networking. Regular offline and online events: digital sales workshops, English-language meetups for international brokers, and industry conferences.
- Market Ethics. Guidelines for agent-developer collaboration that prevent unethical competition and build buyer trust.
What’s Coming Next
The Association is already preparing a series of initiatives:
- Workshops for agents and developers on professional standards.
- Open networking events and conferences in English.
- Creation of an online member database.
- Development of a dedicated IT solution for streamlined communication and documentation.
What Does This Mean for Undersun Estate Buyers and Investors?
Clients who enter the market through Undersun Estate, as an Association member, benefit from:
- Access to verified and transparent project information.
- Partnerships with professionals operating under a shared code of conduct.
- A market where buyer-agent-developer relations are built not on “personal arrangements” but common rules.
- Services backed not only by individuals but by a professional community.
This initiative creates a win–win environment:
Clients benefit from greater transparency and protection,
Agents gain trust and operational clarity,
Developers grow their partner networks.
🎧 The full podcast episode is available on the Sid Consultancy YouTube channel.
If you're looking for a safe way to invest in Phuket real estate, Undersun Estate is here to help. Just fill out the form below and our team will get in touch shortly.
