The debut Singapore sales event March 16-17 for Laguna Lakelands will introduce the groundbreaking USD2bn project to Singapore Residents
SINGAPORE 8 March 2024 – A landmark new eco-friendly residential community in Phuket aimed at the international community who are looking for second homes or primary residences on the Thai island has now launched international sales, with its first exclusive showcase to be held in Singapore on March 16-17.
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. It will also have its own dedicated Country Club and chic residents’ Beach Club.
The sales event to introduce Laguna Lakelands to the Singapore market will be held at The St Regis Singapore, Diplomat room, Level 1, on March 16-17, 2024, 11am-6pm
The development comes as the Phuket real estate market is booming, fuelled by an increasing desire for families from all over the world, including Singaporeans, to enjoy a second home in Phuket, or even to relocate there.
“The launch of our new project clearly shows the 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 Singapore, Hong Kong 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.
Homes on offer in Phase I are remarkably affordable and include one to three bedroom Lakeview Residences, condominiums in four and seven-storey complexes with rooftop infinity pools, as well as sophisticated four-bedroom Waterfront Villas with private pools and gardens, with an average built area of 5,600 sqft.
Prices start from just THB 7m (SGD260,000).
Uniquely for Thailand, the developer also offers financing options which allow owners to purchase residences with staged payments over several years.
The first two blocks of Lakeview Residences have already been snapped up by visitors to Phuket since the recent launch.