Laguna Lakelands: A new 1 million-sq-m residential development in Phuket by Banyan Group

Laguna Lakelands: A new 1 million-sq-m residential development in Phuket by Banyan Group

Phuket’s popularity is also reflected in the relatively cheap prices it offers. ” High-quality house is also significantly less expensive in Phuket than in most of the customer cause areas like Russia, China, or Europe,” said Stuart Reading, managing chairman of Group Property Development at Banyan Group.

Ho added,” Phuket is now recognized as a global target along with sites like Ibiza and the Caribbean.” Phuket and Bali are the only significant beach holiday destinations in Asia that have existed. Bali has been falling behind because it has its own problems with waste control, and the traffic congestion is getting worse then. Phuket also enjoys the best conditions, and it’s always nice and dry along the Andaman Coast, which makes it appealing to those who are escaping the harsh winters at certain periods of the year.

In Laguna Lakelands, as many as 5 000 homes are anticipated over the next 5 to 10 times. Five themed home areas – Hillside, Orchard, Forest, Lakeside and Lagoon – will be connected by broad walkways and riding paths. Step 1 will include Waterfront Villas with four rooms on average and a built area of 560 square meters as well as private pools and gardens, as well as four- and seven-storey complexes with top infinity pools and enclosure one to three-bedroom units. Costs start at US$ 190, 000 for the smallest rooms and US$ 1.7 million for the shore villas.

As the Banyan Group turns 30 this time, it is appropriate that such an ambitious task has been added to its roster. In addition to this, Ho wants to expand its list of hotels to 100. We never want to boast about the effects we make, but we have seen what we did in terms of conservation from the start to the end. Always intended to make an effort to win over others, leave a reputation, etc. Other developers have come to our defense and said,” That’s not a bad thing to do,” as a result.

He added:” To that extent, we’ve done things in hospitality that is quite novel, but we have n’t actually done anything in property development that is new and that can make an impact, but Laguna Lakelands could make an impact”.