Amal Group’s US$315 mil Gardens of Eden sets benchmark for low-density luxury living in Phuket
Aerial view of Gardens of Eden, a luxury residential resort built around wellness and sustainability (Artist's impression: Gardens of Eden brochure)
A developer on Phuket Island is transforming a 33-acre (1.26 million sq ft) site at the northern end of Bang Tao Beach into an earthly Garden of Eden, complete with idyllic gardens, lakes, and parks.
Gardens of Eden, a US$315 million luxury resort by Amal Group of Companies, is backed by DPD Invest, a private equity fund catering primarily to Russian and Middle Eastern investors.
Designed around the principles of wellness and sustainability, Gardens of Eden is envisioned as a low-density luxury resort. “At present, Gardens of Eden is Amal Group’s sole and flagship project,” says Yana Chuvalova, marketing and sales director at Amal Group.
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About 70% of the site will feature lakes, gardens, and a five-hectare park with a 3.5-km walking path, with additional trails for jogging and cycling. Roads will be placed underground and around the perimeter, leaving the core of the development open for greenery — meaning only 30% of the land will be built up.
Gardens of Eden will have the lowest development density along Bang Tao Beach, notes Chuvalova, with 14 units per rai compared to 50 to 60 units per rai at neighbouring developments.
Chuvalova: At present, Gardens of Eden is Amal Group's sole and flagship project (Photo: Gardens of Eden website)
International team behind the project
Amal Group is led by an international team. Chuvalova, who has over 17 years of experience in real estate and construction marketing, oversees sales and marketing for the project.
CEO Alexander Chuvalov previously developed projects in Russia, including Reef Residence, a luxury residential development along the Black Sea coastline in Sochi.
Design and landscaping are helmed by Argentinian architect Martin Palleros, founder of Bangkok-based Tierra Design, whose portfolio includes MontAzure in Phuket and the Andaz Bali Resort.
Singaporean designer Patricia Ho Douven of White Jacket leads the interior design for Gardens of Eden.
The first phase of the Gardens of Eden is the 141-unit Eden Residences. Launched in December 2023, the project is about 80% sold at an average price of US$1.155 million (All Artist's impressions from Gardens of Eden brochure)
Phase 1: Eden Residences — 80% sold
The first phase, Eden Residences, has 141 units, with a mix of one- to three-bedroom units from 775 to 2,433 sq ft. There are also two- to four-bedroom penthouses with private pools, from 1,432 to 2,788 sq ft.
Launched in December 2023, Eden Residences is now about 80% sold.
Prices start from US$700,000 or US$818 to US$1,087 psf, with units sold achieving an average of US$1.155 million.
Construction is underway and scheduled for completion by the end of 2026.
The 455-unit Park Residences was launched in the middle of 2024, and is over 51% sold, at an average price of US$800,000
Phase 2: Park Residences — Over 51% sold
Phase 2, Park Residences, has 455 one- to four-bedroom units, including penthouses with sea views. Sizes range from 517 sq ft to 2,368 sq ft), including penthouses with sea views.
Launched in mid-2024, Park Residences is already over 51% sold. Prices start from US$500,000, with an average transacted price of around US$800,000. The price per sq ft ranges from US$678 psf to US$948 psf. Construction began in 3Q2024 and is scheduled for completion in 2027.
Part of Eden Residences, Etro Residences Phuket occupies the two low-rise blocks closest to the beach
Who is buying?
About 80% of the buyers are international purchasers. Those from Russia, including Russian-speaking buyers from Belarus, Ukraine, and Kazakhstan, account for about 50% of the buyers. Singapore buyers make up 10%, while 15% come from Europe and the Middle East. There is also notable demand from the UK and the US.
“We differentiated ourselves from other developers through our quality,” says Chuvalova. Kitchens are Italian-designed, with triple-glazed German windows featuring Japanese glass. Most units enjoy 3.2m ceiling heights. Other high-end materials include teakwood, marble, and luxury finishes from top-end brands.
Amal Group’s buyer research shows that about 70% of Phase 1 buyers are purchasing for their own use, whether as a primary residence or a holiday retreat, says Chuvalova. Only 30% are buying for investment.
The third phase of Gardens of Eden, the 698-unit Lake Residences, is slated for launch in late November
Phase 3: Lake Residences and Etro-branded luxury apartments
The third phase, the 698-unit Lake Residences, is slated for launch in late November.
It will be followed by Etro Residences, designed in partnership with Italian fashion house Etro — marking the brand’s Southeast Asian debut after its first branded residences launched in Istanbul in June 2025 in collaboration with Turkish developer RAMS Global.
Part of Eden Residences, Etro Residences Phuket is situated in the two low-rise blocks closest to the beach. The residences and penthouses in these blocks feature private pools and expansive rooftop terraces with ocean views and a high degree of privacy. The units will also be furnished by Etro, and there are just eight such units. Sizes range from 2,368 to 4,521 sq ft, with prices starting from US$2,137 psf.
Etro Residences will be unveiled in January at a private event, says Chuvalova. The Gardens of Eden will also be showcased in Hong Kong and Singapore, though dates have not yet been finalised.
Hospitality services will be provided for Etro Residences, with units managed by a professional hospitality operator, Chuvalova adds. Owners may also place their units in a rental pool under a revenue-sharing scheme, with projected returns of about 8% per annum.
Etro Residences will make up just eight units in Eden Residences - they are a mix of apartments and penthouses featuring private pools and expansive rooftop terraces with ocean views and a high degree of privacy
Pricing and tenure
Under Thai housing laws, foreign buyers can own up to 49% of the units in a project in their own name. The remaining 51% must be owned by Thai nationals or Thai-majority companies.
Foreign buyers pay a 1.1% registration fee — equivalent to stamp duty — for units sold on a 120-year lease (30 years with three extensions). Those opting for freehold tenure will incur an additional 10% premium, while the registration fee rises to 6.3%.
Optional furniture packages are available from THB 700,000 (US$21,652).
As mortgages are not available to foreign purchasers, buyers will have to pay in cash according to the project’s construction milestones.
Gardens of Eden is envisioned as a sustainable resort ecosystem. Beyond residences, the development will offer a wellness centre, five restaurants, six swimming pools, a business centre, a supermarket, and two children’s clubs.
“We are fully focused on delivering Gardens of Eden to perfection,” says Chuvalova. “It is the foundation of our brand and our vision for resort living in Thailand.”
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