Banyan Group releases the last of its 7-Storey Lakeview Residences at Laguna Lakelands

Laguna Lakelands, Banyan Group’s landmark new eco-friendly development in Phuket aimed at domestic buyers looking for a second home away in the now internationally famous Phuket, is releasing the final block of its Phase I seven-storey Lakeview Residences.

The final block which features seven stories of apartments in one to three bedroom configurations and a stunning rooftop swimming pool goes on sale on May 31^st and is being released earlier than expected due to strong demand.

Construction work on the unique and stylish residents’ private beach club for Laguna Lakelands, one of the many firsts of this pioneering development, is also commencing in June. A showroom featuring mock up layouts of the different apartments is available to visit at Laguna Lakelands Sales Gallery adjacent to the site at Laguna Phuket.

With prices starting from a highly affordable THB 7m the Lakeview Residences have been snapped up by buyers from all over the world.

Developed by the Banyan Group, whose iconic Banyan Tree Resorts brand has become one of the most admired and successful Asian hospitality brands, Laguna Lakelands is located on the Central West coast of Phuket next to Asia’s biggest and most iconic integrated resort, Laguna Phuket.

Spanning no less than ten million square feet (700 rai or 276 acres) of botanical gardens, parks, rainforest, tranquil lagoons and rolling hills, Laguna Lakelands will be Phuket’s largest private residential community, and a self-contained green sanctuary designed for a new community of global citizens seeking high quality lifestyle balanced by nature.

The development comes as the Phuket real estate market is booming, fuelled by an increasing desire for families from all over the world to enjoy a second home in Phuket, or even to relocate there.

“The strong demand we have seen for this project so far, which has exceeded our own 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, with a huge demand not only for second homes but increasingly for primary residence,” said Banyan Group founder and Executive Chairman KP Ho.

“High-quality property is still significantly cheaper in Phuket than in most of the buyer source markets like Hong Kong, Singapore or Europe, which is also an important factor,” he said.

Phuket’s strategic location within 5 or 6 hours flight of over 40% of the world’s population, its attractive year round climate and world-class international schools and hospitals are also part of its growing attraction.

Uniquely for Thailand, the developer also offers financing options which allow owners to purchase residences with staged payments over several years.