New Condos in Hua Hin: What Blue Whale and VEHHA Cost

In mid-September the Real Estate Information Center’s figures for the second quarter of 2026 were reported, and for anyone pricing a new condo in Hua Hin one number in them matters more than the headlines. Between April and June foreigners took 3,292 condominium units across Thailand, worth 14.803bn THB and covering 145,140 sqm of floor space, according to The Nation’s report of the REIC data. Divide the value by the floor area and foreign buyers paid about 102,000 THB per sqm. The median across the 168 condos we list for sale in Hua Hin is 99,917 THB per sqm. The national price a foreigner actually paid and the local asking price sit almost on top of each other.

That makes the figure a useful yardstick, because the two new condominium projects we sell in Hua Hin sit at opposite ends of the range around it. Supalai Blue Whale is the low way in: 2.2M THB on our listing, the lowest entry price of the 54 developments we list in Hua Hin, and about 73,300 THB per sqm for the 30 sqm unit it buys. At VEHHA, three reduced units ask from about 122,900 to 150,000 THB per sqm, well above the line.

What did foreigners buy in Q2 2026, and at what price per sqm?

The quarter was stronger by value than by volume. Units rose 1.4% on a year earlier, value rose 20.2% and floor area 8.1%, so foreigners bought slightly more condos, noticeably larger ones, and paid more for each square metre. They accounted for 10.2% of all condominium transfers by number and 20.0% by value: a minority of the units and a much larger share of the money.

The half-year is softer. From January to June foreigners took 6,533 units, down 8.8%, worth 28.267bn THB, down 1.5%, at an average of 4.3M THB for 43.9 sqm, or about 98,600 THB per sqm (Thaiger); a weak first quarter pulled the half down while the second rose.

Three cautions apply. These are national figures, and the September reports give no number for Prachuap Khiri Khan, Hua Hin’s province. They count completed transfers, while our median is an asking price. And the comparison sets a national average against our median, so treat the match as a marker of where an ordinary foreign purchase lands, not as a valuation.

Who is buying: the nationalities behind the figures

By value, the ten largest foreign buyer groups in the first half were, in order, China, Russia, Myanmar, the United States, Taiwan, France, the United Kingdom, Germany, Australia and India (Thai PBS World). Chinese buyers averaged 3.8M THB a unit, American buyers spent the most per transaction at 6.6M THB, and Indian buyers bought the largest units, averaging 72.1 sqm. For Hua Hin the telling names sit lower down: France, the United Kingdom and Germany, three markets many of our own buyers come from. For them the useful comparison is what the same money buys per square metre and what it costs each month to hold.

Which new condos can you buy in Hua Hin in 2026?

"New" covers three different things here. There is developer stock, sold from a price list and often off-plan, before completion; there are resale units in a new building, sold by an owner who bought early; and there are new listings in older buildings, which is most of what a search for a new condo returns. Among the condominiums we list in Hua Hin, only two buildings carry a build year of 2023 or later: Supalai Blue Whale and VEHHA. That is the new-build choice on our books, not the whole market.

Other projects have been announced on this coast, among them Dusit International’s Ajara condominium, which we reported on in January 2025, though we list no units there. Our page of new developments and projects gathers all 54 developments we carry in Hua Hin, from 2.2M THB to 18.9M THB, but it mixes condominium towers with villa estates, and most of its condominiums are established buildings: 20 of its 22 condominium entries were built between 1994 and 2021. If a new house is the real alternative, our guide to new and off-plan villas in Hua Hin covers what to check before paying a developer.

Supalai Blue Whale: what does the entry price buy?

Supalai bills Blue Whale as its first condo "in the heart of Hua Hin", and our report on Supalai’s two Hua Hin projects covered its launch in October 2024. According to Supalai’s project page, it is a 28-storey tower of 523 units, 519 of them residential, on a plot of 7-2-14 rai. Layouts run from studios of 29.5 to 30 sqm to a three-bedroom of 128 sqm, with a roof garden, sky lounge, pool, sauna, fitness room and co-working space. The developer puts Hua Hin Beach 3 km away and the night market 2 km. It is a town building rather than a beach building, and it is priced like one.

Our Supalai Blue Whale listing is freehold on a Chanote title, offered on both Thai and foreign quota, recorded as built in 2025, and starts at 2.2M THB: roughly a quarter of the 8.2M THB median asking price for the condos we list in Hua Hin, and about half the 4.3M THB foreigners paid on average nationally in the first half. That is the entry price on our listing, not the developer’s launch price; Supalai’s own page quotes one-bedroom units from 1.76M THB, and in a building on sale since late 2024 the price depends on the unit, the floor and who is selling. The 2.2M THB buys a 30 sqm unit, about 73,300 THB per sqm, roughly a quarter below the national figure; ask us and we will give you the exact unit and its floor.

VEHHA: why do the smallest units cost the most per sqm?

VEHHA is the other end of the spread. Its project page on our site is still titled as under construction while its units carry a 2025 build year, so the first question for any buyer is the handover date. We list three units there, all reduced, all on foreign quota and all freehold on Chanote. Set against Blue Whale and the two yardsticks, they look like this.

Listing	Size	Asking price	Price per sqm
Supalai Blue Whale, HP075 (entry)	30 sqm	2.2M THB	about 73,300 THB
VEHHA one-bedroom, HC343	28 sqm	4.1M THB (was 4.5M)	about 146,400 THB
VEHHA one-bedroom, HC342	30 sqm	4.5M THB (was 4.9M)	150,000 THB
VEHHA two-bedroom, HC370	65 sqm	7.99M THB (was 9.3M)	about 122,900 THB
Condos we list in Hua Hin, median	–	8.2M THB	99,917 THB
Foreign buyers nationally, Q2 2026	–	–	about 102,000 THB

The pattern runs against intuition but is normal for compact units. A small one-bedroom still needs its own kitchen, bathroom and balcony, much as a larger flat does, and their cost is spread over fewer square metres. So the one-bedrooms HC343 and HC342 cost more per square metre than the 65 sqm two-bedroom HC370, which is also the unit cut furthest, from 9.3M THB.

Against the 99,917 THB median, VEHHA asks roughly a quarter to a half more per square metre. Three reductions in one building say its sellers are negotiating; on their own they say nothing about the building, and the reason behind each is worth asking. For what a square metre costs at older addresses nearer the sand, read this beside our comparison of Baan Sandao and the town beach condos.

Do new units come with a sea view?

Both projects are tagged with a sea view on our listings, and neither should be bought on the tag alone. Blue Whale stands about 3 km from the beach by the developer’s own measure, so any sea view there is a distance view across the town, and whether a unit has one depends on its floor and its side of the tower. VEHHA’s units are titled "Panorama View", which describes an outlook rather than promising the Gulf from every balcony. We confirm the outlook unit by unit before we quote it.

If the view matters more than the newness, our guide to sea-view villas and condos in Hua Hin sets out which buildings carry sea-view listings, older beach towers in town among them. To be on the sand rather than look at it, our guide to beachfront property in Hua Hin names the buildings that stand on it.

How does the 49% foreign quota work in a new building?

A condominium unit is the most straightforward way for a foreigner to own Thai property freehold in his or her own name, and two conditions in the Condominium Act govern it. Under section 19 bis, units in foreign ownership may not together exceed 49% of the space of all the units in the building; under section 19, the purchase money must come into Thailand from abroad in foreign currency, or from one of the qualifying accounts the section lists (English translation of both sections). That is why the bank’s record of your incoming transfer matters as much as the contract.

Because the quota is counted on space rather than on the number of units, three of Blue Whale’s 128 sqm three-bedrooms use as much of it as thirteen of its 29.5 sqm studios, so the useful question in a new building is how much of the 49% has already been sold. A unit resold from one foreigner to another simply stays inside the foreign share. Our listings record what we know: VEHHA’s three units are recorded Foreign Quota; Blue Whale is Thai/Foreign, so confirm the building’s remaining quota first. Of the 168 condos we list in Hua Hin, 163 can go to a foreign buyer: 50 are already recorded inside a building’s foreign quota, and 113 are Thai/Foreign, which can be registered to a foreigner only if the building’s foreign share still has room on the day of transfer. A unit listed as Thai quota is for a Thai buyer, so ask about the quota before the price. Owning a condo in your own name this way is also a different matter from the land-holding companies now under scrutiny, which our update on the nominee crackdown in Hua Hin explains.

What will a new condo cost to hold each month?

Both new buildings list a common area fee of 65 THB per sqm per month, and Blue Whale’s is marked as still to be confirmed. That sits above the 30 to 50 THB band that our guide to common area fees describes as typical for Hua Hin condominiums. On a 30 sqm unit, 65 THB comes to 1,950 THB a month, against 900 to 1,500 THB at the ordinary band; on VEHHA’s 65 sqm two-bedroom it is 4,225 THB a month, or 50,700 THB a year. A higher fee in a new tower is not a warning in itself, because the lifts of a 28-storey tower, a roof garden and a sky lounge have to be paid for. What matters is whether the budget behind it funds a reserve, and the fees guide explains how to read one, along with the sinking fund paid once at transfer.

The reduced 0.01% transfer and mortgage registration fee, extended to 30 June 2027, applies only to Thai individuals buying at up to 7M THB, so it does not lower a foreign buyer’s costs at either building (Tilleke & Gibbins). If you are buying a new condo as an investment to let, the fee comes straight off the rent, and our worked guide to rental income in Hua Hin shows what condos in established buildings return before and after costs, a sounder starting point than any projection for a building with no rental history.

The spread is the reason to ask: which end is better value depends on the unit, the floor and what you mean to do with it. This article is general information about the market and the law as we understand them in September 2026, not legal advice; for a specific purchase, have your own lawyer check the title, the quota and the contract.

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Ask which unit the price buys

Tell us your budget and whether you mean to live in the unit or let it. We will confirm the unit, its floor, its outlook and its fee in either building before you decide.

Our guide to buying a condo in Hua Hin as a foreigner explains the three quota labels, how the money has to come in from abroad and the 2% transfer fee.