Banyan Tree Grand Residences

4.83 (1 Review)
Choeng Thale, Thalang, Phuket
For Sale 7 Units
฿86,000,000
Dec 2019 Completed
19 Units
4,800 SqM Project Area

Overview of Banyan Tree Grand Residences in Choeng Thale, Phuket

Banyan Tree Grand Residences is a house and villa project located in Choeng Thale, Phuket and was completed in Dec 2019. It has 19 units and was developed by Banyan Tree Group, who is also behind Angsana Beachfront Residences, Dhawa Phuket and Cassia Residence Phuket.

About Banyan Tree Grand Residences

Banyan Tree Grand Residences, a luxury villa located in Laguna, Phuket's complex resort empire. The specialty of 'Banyan Tree Grand Residences' is to create aesthetics of living by delivering the best in every aspect from the design to the construction. With a great understanding of the natural environment and design, the project creates a Thai-style villa with high vaulted ceilings to make the living area dignified. The lush garden added on site for relaxation and tranquility. The spacious common area offers a large lake view in Laguna's heart and near Bang Tao Beach, another magnificent Phuket's beaches. With the detailed-oriented design in harmony with the project's surrounding landscapes and superior facilities and services, Banyan Tree Grand Residences becomes an on-earth paradise for relaxation.

Project highlights
- Excellent quality guaranteed by with many awards such as Best Residential Property in Thailand from International Property Award, an international stage, in 2016-2017
- Privileges from the Sanctuary Club membership, including discounts and benefits from over 40 resorts and hotels around the world as well as spas and shops under the Banyan Tree chain
- Located in the massive Laguna Phuket Resort Complex, guaranteed by ' Asia's Favorite Integrated Resort Complex' with complete facilities such as golf courses, spas, bars, and shops

Project information
Banyan Tree Grand Residences is located in Laguna, Choeng Thale, Thalang, Phuket. The property is a development from Laguna Property and completed in 2019. It consists of 19 residential units.

Villa Types and Details
- 3-bedroom Villa (514 sq.m)
- 5-bedroom Villa (788 sq.m)

In-villa Facilities
- Sala
- Jet Pool
- Private infinity pool
- IDD phone with Voice-Mail and Auto Wake-up Feature
- Home theater and surrounding system

Facilities
- Fitness Center
- Parking
- 24-hour security system with CCTV
- Swimming pool

Project Facilities
- Golf course
- Butler service
- Tennis court
- Meeting room
- Secretarial service
- Lounge
- Library
- All Day Dining
- Children's playroom
- Babysitting service
- Limousine
- Currency exchange service

Direction
To get to the project by car, start from Phuket International Airport heading city-inbound Thepkrasattri Road. When you reach Thao Thep Kasattri and Thao Si Sunthon Monument, turn right onto Si Sunthon Road and continue for 7 kilometers. Then, slightly turn right onto BanDon - Cherngtalay Road for 450 meters and turn left. Keep going for 350 meters before slightly turning right onto Soi Cherng Talay 16 for 1.1 kilometers. Then, turn right and continue for 1.7 kilometers and turn right again to Cherng Talay Subdistrict. Drive for 700 meters; you will find the project.

Available Units at Banyan Tree Grand Residences

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Banyan Tree Grand Residences?

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Facilities and Floor Plans

Facilities

Fitness
Communal Gym
Convenience
Car Parking
Direct Beach Access
Safety
24H Security
CCTV (Video Surveillance)

Parking & Lift

Charging Stations on Site : No

Management

Common Area Management Fee :
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿125/SqM

Payment Plan

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
20%
3rd Installment
50% construction completion
20%
4th Installment
75% construction completion
20%
5th Installment
upon completion of construction
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
10%
3rd Installment
50% construction completion
10%
4th Installment
75% construction completion
10%
5th Installment
Post construction payments
50%

Master Plan

About the Developer - Banyan Tree Group

All Banyan Tree Group Projects
8 Projects 1,255 Units

Luxury Hotel and Resorts Developer Banyan Tree Holdings Limited is poised to increase their presence in the popular South East Asian Beach Destination of Phuket.

The group will be revitalising and expanding its flagship Banyan Tree Phuket resort to house another two brands. Besides the existing Banyan Tree brand, which is catered to couples and families, Banyan Tree Spa Retreat will be developed to serve the wellness segment, while DPV will be launched to cater to the Luxury Travel market.

These are very exciting times for the Banyan Tree group as it is on the crux of redefining its presence with in the global luxury travel market with its extensive expansion blueprint, which includes countries such as Mauritius, China, Vietnam, India and Philippines amongst others and its plans to revitalise its resorts such as Angsana Bintan, Angsana Velavaru and the already mentioned Banyan Tree Phuket.

Despite its major plans for overseas markets, Singapore, where Banyan Tree is based, is still very much part of the group’s plans, as it seeks to strengthen its brand in overseas markets. Said Mr. Arthur Kiong, Managing Director, Hotel Operations (Asia Pacific) & Group Marketing Services, Banyan Tree, “With a captive market of only 4.5million, Singapore has accounted for 7% of our room nights for 2010, with the 3 most popular destinations being Maldives, Phuket and Bintan.”

Frequently Asked Questions

Frequently asked questions about Banyan Tree Grand Residences
All kind of pets are allowed at Banyan Tree Grand Residences including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee at Banyan Tree Grand Residences is ฿125 per square meter based on the plot size of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Laguna Beach is the nearest Beach from Banyan Tree Grand Residences and it is 1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Banyan Tree Grand Residences you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Construction Payment Term
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
20%
3rd Installment
50% construction completion
20%
4th Installment
75% construction completion
20%
5th Installment
upon completion of construction
20%
Deferred Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
25% construction completion
10%
3rd Installment
50% construction completion
10%
4th Installment
75% construction completion
10%
5th Installment
Post construction payments
50%

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Wonderful villa
4.8 Jessica William, Australia, 2 years ago
I made the right decision to buy the villa here. The one we bought is a 5-bedroom unit that is very spacious and accommodates a large family member like us. The inside, it's fully furnished, including a private swimming pool. It's beautifully decorated in Thai style, which is so unique and exotic for a foreigner like me. This villa is a part of the Laguna project. In that area, there are many other luxury resorts. Also, there is a large lake that looks very lovely. If you walk a little further, you will find Bangtao beach; the beach is so peaceful. The staff was hospitable and friendly. On our rushing day to the airport, we requested a wake-up call service, and the staff made sure that we woke up on time so that we wouldn't miss the flight. It's not difficult to travel to Phuket, as there are many direct flights here. From the airport to the villa, it takes only 30 mins. There are many restaurants and bars in the area. Also, there is a Porto de Phuket department store for shopping. Overall, it is very impressive.
Phuket
Choeng Thale
Neighborhood Overview of Choeng Thale, Phuket

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Banyan Tree Grand Residences is located 4.0 km away from 7 Eleven and it can be reached within 7 mins by car.

There are many other shops situated in the area of Banyan Tree Grand Residences, the 3 closest being:
- Chill Chill Market at Canal Village is 3.1 km away (an approx. drive of 7 mins.)
- JT is 2.1 km away (an approx. drive of 5 mins.)
- Canal Village Laguna Shopping is 2.2 km away (an approx. drive of 5 mins.)

The surrounding area, where Banyan Tree Grand Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- Layan Beach Resturant is 80 m away (a walk of about 1 min.)
- Don't Leave is 130 m away (a walk of about 2 mins.)
- Paul Restaurant is 300 m away (a walk of about 4 mins.)

Bankok International Hospital, 83,000 is the nearest health facility, which is 4.4 km away (you can drive there in 7 mins.) from the project, while the closest schools in the proximity of Banyan Tree Grand Residences are:
- Ai is 4.4 km away (an approx. drive of 7 mins.)
- Laguna Phuket Kindergarten is 2.4 km away (an approx. drive of 5 mins.)
- Bang Tao Muay Thai Training Hd is 3.6 km away (an approx. drive of 8 mins.)

Phuket International Airport is located 15.5 km from Banyan Tree Grand Residences and it takes about 26 mins. by car or taxi (depending on the traffic) to get there.

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