The Banyan Group has announced the early release of the last seven-storey block of its Lakeview Residences at Laguna Lakelands in Phuket, a decision driven by overwhelming global demand. This $2 billion eco-friendly residential community, which began its first phase earlier this year, has quickly become a sought-after destination for luxury living.
Unmatched Demand and Early Release
Initially set for a later date, the final block of Lakeview Residences will now be available for sale on May 31st. These apartments offer a blend of modern luxury and natural beauty, featuring one to three-bedroom configurations and a rooftop swimming pool. The strong sales have surpassed expectations, with buyers from across the globe snapping up these premium properties.
A Visionary Development
Laguna Lakelands is not just another residential project; it’s a pioneering development that reflects Banyan Group’s commitment to sustainability and luxury. Set on the Central West coast of Phuket, adjacent to the iconic Laguna Phuket resort, this development spans over ten million square feet of lush botanical gardens, tranquil lagoons, and rolling hills. It’s poised to become Phuket’s most significant private residential community, offering a serene sanctuary for global citizens seeking a balanced lifestyle.
Unique Features and Amenities
The development’s design emphasizes eco-friendly living and high-quality amenities. Construction will begin on the residents’ private beach club in June, a first for the area. Prospective buyers can explore the various apartment layouts at the Laguna Lakelands Sales Gallery, located next to the site.
With prices starting at an affordable THB 7 million, the Lakeview Residences provide exceptional value. This affordability, combined with Phuket’s strategic location, attractive climate, and world-class infrastructure, has made it a magnet for international buyers.
Insights from Banyan Group Leadership
KP Ho, the founder and Executive Chairman of Banyan Group, expressed his delight at the project’s success. “The strong demand we’ve seen for this project so far, which has exceeded our expectations by a long way, shows the continuing paradigm shift we’re seeing from Phuket as a great place to visit, to Phuket as a great place to live. There’s a huge demand not only for second homes but increasingly for primary residences,” he said. He also highlighted that high-quality property in Phuket remains significantly cheaper compared to markets like Hong Kong, Singapore, or Europe, making it an attractive investment.
A Sustainable and Luxurious Lifestyle
Laguna Lakelands is more than a residential community; it’s a lifestyle destination. Interconnected by 15 kilometres of walkways, footbridges, and cycling trails, the development includes a dedicated residents’ Beach Club and Country Club. The community offers various recreational options for a new generation prioritizing health and wellness. These include a swimming pool, sports fields, tennis courts, adventure zones, and hiking and cycling trails. There’s even a rainforest walkway leading to a treetop lookout for admiring dramatic sunsets.
A Self-Contained Community
The development is anchored by a ‘town center’ featuring shops, lakeside dining, and an elevated events zone with spectacular views over the Andaman Sea. The landscaping promotes a sustainability-focused lifestyle with organic orchards, rooftop gardens, and native wildflowers. Residents can enjoy exclusive beach access, world-class dining, spas, golf courses, and numerous social events, all within a short drive from vibrant Phuket Town and Phuket International Airport.
Stuart Reading, Managing Director of Group Property Development at Banyan Group, emphasized the comprehensive lifestyle offered at Laguna Lakelands. “From exclusive beach access to world-class dining, spas, golf courses, and a plethora of social events, this integrated community promises an all-encompassing lifestyle full of rich experiences, abundant wellness, and unbridled pleasure,” he said.
The Future of Phuket Real Estate
Laguna Lakelands exemplifies the future of luxury real estate in Phuket, combining eco-friendly principles with high-end living. As the Phuket real estate market continues to boom, developments like Laguna Lakelands set a new standard for what discerning buyers can expect in a second home or primary residence.
The final block of Lakeview Residences marks the culmination of Phase I of this visionary project. With its unique blend of luxury, sustainability, and strategic location, Laguna Lakelands is poised to become one of the most prestigious addresses in Phuket.
Written by: Christine Nguyen
