Laguna Phuket Tops the Residential Sales Market in Phuket

 Tuesday, June 28, 2022 


Asia’s premier travel destination, has led the residential sale market on Thailand’s largest and most-loved island at an unprecedented pace since 2019. The sale of properties closed at a record high of 1.35 billion baht in 1st Quarter 2022, compared with 250 million baht in 1st Quarter 2021.

Spanning over 1,000 acres of lush parkland along pristine Bang Tao Beach, the popular lifestyle destination is home to eight world-class hotels featuring sought-after premium facilities. It is the largest Thai SET-listed resort developer, accounting for the sale of over 40 per cent of properties (2,600 out of 6,500 units) on the West Coast Central of the island. Around 1,500 units were sold in the last three years to buyers looking for vacation homes and investment assets. The property offerings range from condo units at under 5 million baht per unit to luxury houses and villas at 100+ million baht.

“Designing for an integrated global community has been at the heart of our brand DNA since our founding in 1983. From the story of our transformation from a tin mine to the world-class integrated resort destination we are today, Laguna Phuket offers unparalleled amenities such as award-winning golf courses, spas, scenic lagoons and more,” said Mr. Stuart Reading, Deputy CEO of Laguna Resorts & Hotels. “We see an increased demand from buyers who are looking for both primary and secondary homes where they can enjoy a quality lifestyle, and there is nowhere more charming and suitable than Phuket.”

The destination is on pace to meet consumer demands as borders reopen, delivering a comprehensive portfolio of top-quality designed properties with incomparable privileges from its reputable international operator and developer, such as the Banyan Tree Group. In a show of strength for the region’s finest integrated resort complex, Banyan Tree Group picked up six prestigious International Property Awards accolades for its developments in Laguna Phuket, including project development and marketing awards. In the past three years, the Banyan Tree Group has won 20 awards across all of its Laguna Phuket properties ranging from condominiums, villas, and hotel managed and private residences, affordable to luxury segments.

Highly accessible and only a 30-minute
drive from the Phuket International Airport, Laguna Phuket provides excellent connectivity across the region and internationally, with resumed direct flights from Europe and the Asia-Pacific. The enduring appeal of Laguna Phuket with its wide range of property offerings in beautiful surroundings and warm Thai hospitality makes the destination the ideal location to live and invest in.

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