Business Daily Media

The Times


.

Banyan Group Launches Stylish Skypark Elara Lakelands at Visionary New Laguna Lakelands in Phuket

The newest addition to the pioneering USD2bn residential community follows the near sell-out launch of Phase One Laguna Lakeview Residences

PHUKET, THAILAND - Media OutReach Newswire - 4 September 2024 - Banyan Group is launching a new collection of stylish Skypark residences at its pioneering new eco-friendly residential community in Phuket, following the successful sale of the Laguna Lakeview Residences.

Banyan Group Launches Stylish Skypark Elara Lakelands at Visionary New Laguna Lakelands in Phuket

Skypark Elara Lakelands, which is located on a site adjacent to the Lakeview Residences, with equally serene lagoon views, provides residents with beautifully designed luxury condos that add convenience and style to tropical living. Three blocks of the low-rise seven-storey Skypark Elara Lakelands, totalling around 220 units, are being released in the first phase.

Skypark Residences is one of Banyan Group's contemporary lifestyle brands which allows residents to literally "reach for the sky", with rooftop living experiences and stunning interiors, in a range of live-in and residential properties across the world's most premier destinations.

The Skypark Residences at Laguna Lakelands represents a significant evolution of the brand, with luxurious fit outs and bigger sizes than previous developments, with units ranging from 54 sqm all the way up to 183 sqm, in one to three-bedroom configurations.

Residents at Skypark Elara Lakelands will enjoy exclusive access to leisure facilities on the rooftop including the signature infinity-edge swimming pool with stunning views and an expansive outdoor terrace with a barbecue area, comfortable sitting out spaces and walking paths overlooking the forest and tranquil lagoons.

With prices starting from THB 8m, the Skypark Elara Lakelands residences are expected to be swiftly snapped up by buyers from all over the world, like the previously released Laguna Lakeview Residences.

Developed by the Banyan Group, whose iconic Banyan Tree brand has become one of the most admired and successful Asian hospitality brands, Skypark Elara is located at Laguna Lakelands on the Central West coast of Phuket next to Asia's biggest and most iconic integrated resort, Laguna Phuket, to which residents also have access.

Spanning no less than one million square metres (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.

Designed in a neutral palate of natural woodland colours, the stylish and contemporary Skypark Elara residences are designed to evoke the feeling of being hidden away in the forest, with the interior design reflecting its lush colours and textures.

The generously proportioned one, two and three bedroom open-plan configurations ranging from 54 to 183 sqm are ideal for all needs and budgets, and all feature unique foldable "work closets" which have been purpose built for today's flexible work-from-home lifestyle.

Inspired by the colours and textures of the forest, the open and spacious designs accentuate nature and blend harmoniously with the natural tropical garden surroundings. Each has a private balcony and all are set within verdant lawns and parks.

The launch of Skypark Elara Lakelands 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.

"We decided to launch Skyark Elara Lakelands now after the strong demand we have seen for the first phase of Lakeview Residences, which has exceeded our own expectations by a long way," said Banyan Group founder and Executive Chairman KP Ho.

"This latest addition to Laguna Lakelands brings more spacious room configurations than our previous Skypark projects and a brand new attractive design with more elevated materials, which we think will appeal to the many people now looking for a place in Phuket either as a second home or as a primary residence."

"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.

About Laguna Lakelands

The latest project by world-famous Laguna Phuket

Set within one square kilometre of verdant hills, forests and lakes with a private beachfront club

Laguna Lakelands is more than just a place to live

Themed Hillside, Orchard, Forest, and Lakeside precincts retain unique identities within a cohesive nature-centric community.

Interwoven by a 15 km network of trails, spacious apartments with rooftop sky parks or opulent waterfront villas grace the expansive landscapes of rainforests, botanical gardens, and serene lagoons.

A hillside adventure park, sports and aquatic complex, and a community centre in a vibrant town center anchor the entire community. And to top it off, its own prime beachfront beach club.
Hashtag: #BanyanGroup

The issuer is solely responsible for the content of this announcement.

About Laguna Phuket

Laguna Phuket is Asia's premier integrated destination. Set against the stunning backdrop of the Andaman Sea, on a 3km stretch of pristine beach, Laguna Phuket is home to six world-class hotels, premium facilities and a branded residences and property division. Spanning over 1,000 acres of lush parkland and beachfront and located just a 30-minute drive from Phuket International Airport, Laguna Phuket offers an award-winning 18-hole golf course, luxury spas, exceptional dining options, and countless activities to create unforgettable experiences.

With more than 1,400 rooms, the destination offers accommodations that suit all, from families with young children to intimate, luxurious stays. Hotel guests staying within Laguna Phuket are welcome to enjoy the unlimited shuttle bus and shuttle boat service and the fully integrated cashless payment system - meaning guests can choose to charge expenses back to their room from anywhere in the destination. On top of the 6 Hotels, Laguna Phuket has a Branded Property division that offers sales and rentals of a variety of residences, apartments and villas for guests who wishes to live or invest in a holiday home within our integrated destination.

About Banyan Group

Banyan Group ("Banyan Tree Holdings Limited" or the "Group" - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans across 80 hotels and resorts, over 60 spas and galleries, and 14 branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Management Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

News from Asia

NCB introduces Seamless Cross-Border QR Payments for international travellers in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 15 July 2026 - Open visa policies, a wealth of cultural and natural attractions, acclaimed cuisine, warm local hospitality, and increasingly convenient p...

SBI Global Asset Management and DigiFT Launch JX, Bringing a Japanese Asset Manager’s Equity Strategy On-Chain for the First Time

SINGAPORE - Media OutReach Newswire - 15 July 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets ("RWAs"), and SBI Global Asset Management Co., Ltd. ("SBI ...

Smilegate LORDNINE Launches Pre-Registration for New Growth-Accelerated Server 'Helena' in Celebration of 1st Anniversary… 32,000 USDt Reward Event Underway

Pre-registration for new server Helena opens July 14... Official launch on July 29 Sweeping new server growth-support systems, including 50% additional EXP via Mastery Buff ...

A SIM Guide to Comparing Graduate Salaries and Employability in Singapore

SINGAPORE - Media OutReach Newswire - 15 July 2026 - As students and parents in Singapore evaluate higher education pathways, employability, starting salary and return on investment are increasing...

Hong Kong SMEs Accelerate Transformation as AI and Northern Metropolis Unlock New Opportunities, Dah Sing Bank Survey

Capability and Resource Gaps Limit Growth Potential As Firms Explore the New EconomyHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Dah Sing Bank, Limited ("Dah Sing Bank") revealed in it...

Xsolla and Management and Science University (MSU) Sign Memorandum of Understanding (MOU) to Connect Future Game Developers With Global Commercial Opportunities

Collaboration Provides Students Access To Xsolla’s Publishing Suite And Launcher, Bridging Academic Learning With Commercial Game Development PracticesKUALA LUMPUR, MALAYSIA - Media OutReach Newsw...

Louis Vuitton Celebrates 130 Years of the Monogram

TAIPEI, TAIWAN - Media OutReach Newswire - 15 July 2026 - In 2026, Louis Vuitton commemorates the 130th anniversary of its most enduring emblem: the Monogram, born in 1896. To mark this extraordin...

Fitch Ratings assigns first-time credit rating to HDBank, recognises its strong financial profile

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 July 2026 - Fitch Ratings has assigned its first-ever credit ratings to Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB...

Cushman & Wakefield Study: AI to Drive Stronger Growth and Higher Real Estate Demand Across Asia Pacific

Scenario-based analysis shows AI will expand demand across office, industrial and retailHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Artificial intelligence (AI) is set to fuel economi...

Arup partners YJK to launch AI Designer in Hong Kong to advance AI-enabled structural engineering

Strategic partnership integrates design optimisation and artificial intelligence to improve engineering efficiency, project outcomes and decarbonisation HONG KONG SAR - Media OutReach Newswire - 1...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...