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Banyan Group Launches Banyan Tree Beach Residences Oceanus Phuket

Posted on March 18, 2025

Banyan Group, a well-known hospitality firm formerly known as Banyan Tree Holdings, has recently unveiled their latest residential project, Banyan Tree Beach Residences Oceanus, in Phuket, Thailand. Strategically located on Bang Tao Beach, the development is nestled within the exclusive enclave of Banyan Group’s flagship resort, Laguna Phuket. The project boasts 16 beachfront residences, ranging from 416 sq m to 768 sq m for the penthouses.

Ground-floor residences will feature private pools that extend out from their terraces, while the penthouses will offer stunning views of the Andaman Sea from their spacious living area balconies and rooftop terraces, complete with private pools and reflecting ponds. The residences also feature expansive living areas, double master bedrooms, and luxurious bathrooms. Additionally, the development offers a dedicated lap pool with a sun deck, as well as an open lawn with loungers and an outdoor dining area, exclusively for the residents.

In addition to the top-notch amenities, residents of Banyan Tree Beach Residences Oceanus will have access to the integrated resort’s community facilities, including membership at Laguna Golf Phuket and a complimentary Thailand Elite visa, providing a five-year multiple-entry privilege. They will also have exclusive access to a private beach club, premium health and wellness facilities from BDMS Wellness, and signature restaurants, spas, and recreational facilities.

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When it comes to investing in Singapore’s real estate market, it is crucial for international investors to have a thorough understanding of the regulations and limitations surrounding property ownership. Condos tend to have fewer restrictions for foreign buyers compared to landed properties, making them a favorable choice for those looking to purchase properties in Singapore. However, foreign buyers should keep in mind that they will be required to pay a 20% Additional Buyer’s Stamp Duty (ABSD) for their first purchase. Despite this extra cost, the Singapore real estate market, particularly in the condo sector, remains an extremely attractive option for foreign investment. Condos are a highly sought-after and promising investment in Singapore’s real estate industry.

With the rising demand for luxury real estate in Phuket, the Banyan Group expects record prices for these residences. Stuart Reading, managing director of Banyan Group Residences, explains, “As prime beachfront land becomes scarce for standalone villas, we saw an opportunity to develop larger, ultra-luxurious beachfront condominiums that offer the same amount of living space as a villa but with the added convenience of turnkey living.” This means that residents won’t have to worry about managing their own grounds, making it an attractive option for those seeking a hassle-free lifestyle.

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