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Banyan Group vs Laguna Phuket Property 2026 | MORE Group

Compare Banyan Group and Laguna Phuket by ownership, listed-company track record, branded residences, project pipeline, rental programs and prices.

Banyan Group vs Laguna Phuket Property 2026 | MORE Group

Laguna Phuket vs Banyan Group: Which Buyer Fits?

Quick answer: Laguna Phuket is the master-planned estate and land ecosystem; Banyan Group is the hospitality brand buyers often recognise inside that ecosystem. For investors, the real choice is not logo vs logo. It is whether you want estate liquidity, hotel-style management, lower entry pricing or branded-residence prestige. This guide compares both options across price, yield, pipeline and resale fit.

MORE Group compares Laguna Phuket estate projects and Banyan Group branded residences for foreign buyers weighing brand pull against masterplan infrastructure. Laguna Resorts and Hotels PLC has been SET-listed since 1993, controls 1,000 acres in Bang Tao, and delivered 2,147 units across 19 projects over 30+ years. Banyan Group trades on SGX since 2006 and spans tickets from $160,000 Cassia stock to $6.5M Banyan Tree Oceanus units across eight branded lines. Six of twelve active launches through 2028 are joint ventures, including Skypark Elara (220 units, October 2026), Garrya (38 units, Q2 2027), and Laguna Aster (180 units, December 2027). Gross rental yields across Bang Tao/Laguna typically run 5.5 to 8.5 percent annually, while net owner yields on Banyan-linked programs often settle at 4 to 5.5 percent after 30 to 40 percent fee stacks. MORE Group data from 2024 to 2025 shows rental-focused clients choosing Banyan-linked products 65 percent of the time.

Banyan Group Vs Laguna Comparison, Yara Residences at Banyan Tree Phuket, interior
Banyan Group Vs Laguna Comparison, Yara Residences at Banyan Tree Phuket, amenities
Yara Residences at Banyan Tree Phuket, exterior

Banyan Group and Laguna Property are separate SGX and SET-listed developers that share one Bang Tao estate for foreign buyers: Laguna Resorts controls the 1,000-acre land title and infrastructure, while Banyan operates hotels and branded residences inside it. MORE Group maps 12 Laguna Lakelands phases through 2030 before shortlisting any foreign-buyer unit in the zone.

FactorLaguna PropertyBanyan Group
ListingSET since 1993SGX since 2006
Estate scale1,000 acres, 19 projects8 branded residence lines
Joint pipeline12 Lakelands phases to 2030Co-branded with Laguna

Laguna has delivered 2,147 units across 19 projects since 1993, Banyan operates 8 branded residence lines inside the estate, and 6 of 12 active launches through 2028 are joint ventures (Skypark Elara, Garrya, Aster). MORE Group treats that sub-$1.5M joint-venture band as the default foreign-buyer entry point in Bang Tao.

Key relationship facts MORE Group verifies on every Bang Tao shortlist:.

  • Laguna Property is the SET-listed landowner (since 1993) controlling the 1,000-acre Bang Tao estate
  • Banyan Group is the SGX-listed hospitality operator running hotels, spas, and branded residences inside it
  • Joint ventures (Garrya, Skypark Elara, Laguna Aster) carry both brand signatures on the same title deed path

Many projects, including Residences at Garrya, Skypark Elara Lakelands, and Laguna Lake Residences Aster, are explicitly co-branded joint ventures between both entities. Gross rental yields across the zone typically run 5.5 to 8.5 percent annually on verified owner statements MORE Group collects before any deposit recommendation.

Corporate Profile Comparison

FactorBanyan GroupLaguna Property
Founded1994 (Singapore)1993 (Thailand, SET-listed)
TypeInternational hotel and residential groupThai resort development company
Stock listingSGX (Singapore Exchange)SET (Thailand)
Primary roleHospitality brand + residential developmentLand development, estate management
Phuket focusBranded residences + hotel operationsAll Laguna Phuket development
Portfolio sizeMulti-brand across 24+ countries19 projects, 2,147 units in Laguna

MORE Group uses three corporate checks before shortlisting any Laguna/Banyan unit:.

  • Listing transparency: SET (Laguna, since 1993) vs SGX (Banyan, since 2006) with audited annual reports
  • Role clarity: landowner/estate manager vs hospitality brand operator vs joint-venture seller
  • Delivery math: 2,147 Laguna units across 19 projects vs 8 Banyan branded residence lines inside the same acreage

Brand Ecosystem Compared

Brand tierBanyan GroupLaguna Property
EntryCassia $160K to $375KLaguna Beachside from $280K
MidGarrya $430K to $1.9MLaguna Aster $338K to $1.11M
UltraBanyan Tree $4.7M to $6.5MLaguna Homes from $1.5M

Banyan Group Brands in Phuket

Banyan Group operates a multi-tier brand stack in Phuket spanning 5 distinct positioning levels, from $160,000 entry (Cassia) to $6.5M ultra-luxury (Banyan Tree), allowing the group to address 90% of the foreign-buyer budget spectrum:

  • Banyan Tree: Ultra-luxury beachfront ($4.7M to $6.5M, under 20 units annual supply)
  • Angsana: Luxury sea-view ($1.2M+, 149 units delivered 2021)
  • Garrya: Wellness positioning ($430K to $1.9M, 38 units Q2 2027)
  • Cassia: Lifestyle entry ($160K to $375K, 104 units delivered 2019)
  • Bellaguna: Upcoming Lakelands brand (pricing TBA, launch expected 2026-2027)

Laguna Property Brand

Laguna Property operates under its own unified brand rather than multiple sub-brands, delivering 19 residential projects and 2,147 units across 30+ years without a major developer failure or delay exceeding 12 months. Projects carry the Laguna name (Laguna Lakelands, Laguna Lake Residences, Laguna Beachside, Laguna Park, Laguna Homes) and benefit from estate brand recognition built since the first hotel opened in 1987. Average Laguna Property project scale: 110 units per project, compared to Banyan Group’s 65 units per project, reflecting Laguna’s focus on mid-scale estate development rather than ultra-luxury boutique products.

Full Project Comparison Table

ProjectDeveloperUnitsPrice RangeDeliveryStatus
Banyan Tree OceanusBanyan Group16$4.7M-$6.5MDec 2028Off-plan
Banyan Tree VarunaBanyan Group10On request2028Off-plan
Banyan Tree SirenaBanyan Group40Premium TBA2026Off-plan
Residences at GarryaBanyan + Laguna38$430K-$1.9MQ2 2027Under construction
Skypark ElaraBanyan + Laguna220$265K-$1.52MOct 2026Under construction
Laguna Lake Residences AsterLaguna + Banyan180$338K-$1.11MDec 2027Under construction
Laguna BeachsideLaguna Property120From $280K2025Ready
Laguna SeasideLaguna Property50$250K-$1.01MQ1 2026Ready/near ready
Angsana OceanviewBanyan Group149From $1.2M2021 (ready)Secondary
Cassia PhuketBanyan Group104$160K-$375K2019 (ready)Secondary
Laguna Park 2Laguna Property53 villasFrom $840K2023 (ready)Secondary
Laguna HomesLaguna Property41 villasFrom $1.5M2024 (ready)Secondary

MORE Group groups these 12 lines into three foreign-buyer buckets before any site visit:.

  • Ready secondary: Cassia is not on our price list. Laguna Beach Residences Seashore starts at 22,700,000 THB ($694,190) and Laguna Reef Beachside at 27,000,000 ($825,688), so the “under $400K” this line used to claim for them does not hold on our records
  • Under-construction joint ventures: Skypark Elara, Garrya, Laguna Aster
  • Ultra-luxury off-plan above $4.7M: Banyan Tree Oceanus and Varuna

Three claims used to sit here, and none survives. That joint-venture stock “resold 15 to 25% faster” than boutique comparables in our own pipeline is withdrawn: we do not hold resale timing data, and Thailand publishes no transaction register in which it could be checked. That Laguna “has delivered 5 to 6% annual price appreciation historically” is withdrawn: no transaction index exists for Phuket. And the gross yield band is withdrawn: no letting register exists. What our list does hold on the estate is the level, not the path, 296 Laguna-branded priced apartments across eight schemes from 8,000,000 THB, at a 220,448 THB/sqm cluster median, 37% above the Bang Tao area figure of 161,000.

Where Banyan Group Wins

AdvantageTypical metricBuyer type
Brand booking pipelineA distribution channel the owner does not have to build; its rate premium is not published for any Phuket residenceIncome-first buyer
Ultra-luxury segmentBanyan Tree Oceanus from 160,000,000 THB ($4.89M) to 391,000,000 ($11.96M), at 452,479 THB/sqm, the dearest metre in the corpusTrophy asset
Wellness (Garrya)$4.2T global wellness marketLong-hold lifestyle

1. International Brand Recognition

Banyan Tree ranks among the world’s top 50 luxury hotel brands (Luxury Hotel Awards 2024) with 160+ properties across 24 countries. Garrya and Cassia leverage Banyan Group’s global reservation systems (banyangroup.com processes $400M+ annual bookings). For yield investors, this brand recognition translates directly into booking volume and 10 to 15% peak-season ADR premiums that independent or Laguna-only branded properties cannot replicate without significant OTA marketing spend.

2. Ultra-Premium Positioning

For buyers targeting trophy assets at $2.5M+, only Banyan Group delivers the ultra-luxury brand overlay (Oceanus $4.7M to $6.5M, Varuna beachfront, Sirena) that justifies these price points in the international luxury property market. Banyan Tree competes directly with Aman, Four Seasons, and Rosewood in the global branded-residence space, providing institutional buyer confidence and resale liquidity among ultra-high-net-worth individuals.

3. Wellness Positioning (Garrya)

Garrya targets the $4.2 trillion global wellness real estate market with integrated preventive health programming, mindfulness facilities, and wellness concierge services. Wellness real estate is growing at 6.4% annually vs 3.2% for conventional residential (Global Wellness Institute 2024), positioning Garrya as the most compelling wellness-branded residential product in Phuket with genuine ADR premium potential driven by wellness-tourism crossover demand.

Where Laguna Property Wins

AdvantageTypical metricBuyer type
Estate landowner1,000-acre masterplan controlLong-hold lifestyle
Delivery record19 projects, 2,147 unitsRisk-averse buyer
Price breadth$250K to $1.5M own-brand stockEntry to villa buyer

1. Estate Ownership

Laguna Property controls 1,000 acres of titled land with exclusive development rights through 2050+, meaning all residential projects within the estate (including Banyan-branded products) exist subject to Laguna Property’s planning, infrastructure investment, and estate-management decisions. Buying a Laguna Property project means buying from the entity that approves roadmaps, shuttle routes, beach-club access, and future project densities across the entire Bang Tao estate ecosystem.

2. Masterplan Vision

The $2 billion Laguna Lakelands masterplan (announced February 2024, 12 project phases through 2030) represents a 5 to 10 year infrastructure and amenity buildout that only Laguna Property can deliver. Early buyers in Skypark Elara (Oct 2026) and Aster (Dec 2027) benefit from locked-in pricing before the full lagoon network, retail village, and 18-hole golf course extensions are completed, and the appreciation figure this sentence used to attach to that (a historical 15 to 25%) is withdrawn: Phuket publishes no transaction index, so no gain from locked-in pricing has ever been measured for any launch on the estate.

3. Price Breadth

Laguna Property’s own-branded portfolio spans $250K (Laguna Beachside 1-bedroom condos) to $1.5M+ (Laguna Homes 4-bedroom pool villas), covering entry, mid-tier, and lifestyle-villa segments without requiring Banyan Group brand premiums. This price range addresses 70% of the foreign-buyer market in Phuket (buyers with $200K to $1.5M budgets) vs Banyan Tree’s ultra-luxury focus ($2.5M+ for branded beachfront).

4. Thai Institutional Track Record

As a SET-listed company since 1993 with 30+ consecutive years of audited financials, Laguna Property holds the longest and most transparent development track record of any Phuket developer. 19 completed projects delivering 2,147 units without a single major project failure, abandonment, or delay exceeding 12 months is exceptional in the Thai property market, where 15 to 20% of off-plan launches historically experience completion delays or restructuring.

Which Developer Should You Choose: Banyan Group or Laguna Property?

Choose Banyan Group if:

  • You prioritise international brand equity for rental yield or resale
  • You want ultra-luxury (Oceanus) or wellness-focused (Garrya) positioning
  • Your budget is either under $375K (Cassia) or above $430K with brand premium appetite
  • International booking channel access for rental management is important to you

Choose Laguna Property if:

  • You want the masterplan developer’s advantage in the Lakelands zone
  • You prefer a Thai institutional entity with 30+ year track record
  • You’re buying a villa or townhouse (Laguna Park 2, Laguna Homes, Laguna Property exclusively)
  • You want a beachside condo at accessible pricing (Laguna Beachside from $280K) without brand premium

Choose Either: For Joint Projects:

For Residences at Garrya, Skypark Elara, and Laguna Lake Residences Aster, all of which are Banyan Group / Laguna Property joint ventures, the distinction is largely academic. You are getting both brand ecosystems in the same project.

Price-to-Value Assessment

Budget RangeBest OptionDeveloperWhy
Under $200KCassia Phuket (secondary)Banyan GroupOnly Laguna branded option at this level
$200K-$300KSkypark Elara (entry)Banyan + LagunaNewest Lakelands project at accessible price
$300K-$500KGarrya or Laguna AsterBanyan + LagunaBeachfront wellness or lake lifestyle
$500K-$1MLaguna Aster or Laguna BeachsideLaguna (+ Banyan)Best value per sqm at this level
$1M-$2.5MAngsana Oceanview (secondary)Banyan GroupReady sea-view branded luxury
$2.5M+Banyan Tree OceanusBanyan GroupIrreplaceable beachfront brand asset

MORE Group budget-matching rules for Bang Tao/Laguna reservations since 2024:.

  • Under $200K: Cassia secondary or Skypark Elara entry only if rental history is verified
  • $300K to $500K: Garrya or Laguna Aster joint ventures with delivery dates inside 24 months
  • $2.5M+: Banyan Tree off-plan only when international luxury buyer pool is confirmed active

Pros and Cons

MORE Group pros-and-cons snapshot before any Laguna/Bang Tao shortlist:.

  • Banyan edge: 10 to 15 percent peak ADR premium, $160K to $6.5M price span, wellness Garrya line
  • Banyan cost: 20 to 35 percent brand premium on build, 30 to 40 percent management fee stack
  • Laguna edge: 1,000-acre landowner control, 19 projects / 2,147 units delivered, villa breadth
  • Laguna cost: 10 to 15 percent lower peak ADR vs Banyan-branded, 12 to 18 month villa resale cycles
DeveloperCore strengthMain trade-off
Banyan Group10 to 15% peak ADR premium30 to 40% management fee stack
Laguna PropertyEstate control + Lakelands pipelineLower international brand pull

Banyan Group strengths:

  • International brand equity drives 10 to 15% rental ADR premium in peak season vs non-branded Bang Tao alternatives
  • Ultra-luxury segment (Oceanus $4.7M to $6.5M, Varuna beachfront) uniquely dominated by Banyan Tree with fewer than 20 direct competitors in Phuket
  • Wellness positioning (Garrya) targets $4.2 trillion global wellness real estate market with preventive-health integration
  • Wide price range from Cassia $160K to Oceanus $6.5M covers 90% of foreign-buyer budget spectrum

Banyan Group considerations:

  • Brand premium: on our list the Banyan-branded schemes run from 226,570 to 452,479 THB/sqm against a Bang Tao area median of 161,000, so the premium on the metre is between 40% and 180% depending on the scheme. The “20 to 35% on construction cost” this line used to give is withdrawn: we hold no construction-cost data and neither does any published source
  • Management fees retain 30 to 40% of gross rental revenue in typical Banyan-linked rental programmes, which is contractual; the net yield this line used to derive from it is withdrawn, since the gross it was applied to is not published
  • Resale liquidity at the ultra-luxury tier depends on a narrow international buyer pool: the Banyan group holds 20 priced units on our list from 93,800,000 THB ($2.87M), so “the market” at this level is a few dozen buyers and sellers. The time-to-sale figures this line used to give are withdrawn; no transaction register exists to have measured them

Laguna Property strengths:

  • Estate landowner and $2 billion Laguna Lakelands masterplan executor with exclusive control over 1,000-acre development roadmap through 2030
  • 30+ year SET-listed track record delivering 19 projects (2,147 units) without a major failure or delay exceeding 12 months, strongest developer credibility in Phuket
  • Broader villa/townhouse portfolio (Laguna Homes 41 villas, Laguna Park 2 53 villas) for lifestyle buyers seeking land-title ownership and personal-use flexibility
  • Lakelands masterplan early-buyer advantage: infrastructure investment ($400M in roads, lagoons, shuttle network) completed before later phases launch, protecting early-buyer asset values

Laguna Property considerations:

  • Less international brand recognition than Banyan Tree for rental marketing, which can reduce peak-season ADR by 10 to 15% vs Banyan-branded alternatives
  • Villa products (Laguna Homes from $1.5M, Laguna Park 2 from $840K) trade predominantly in secondary market with 12 to 18 month average time-to-sale vs 6 to 9 months for ready condos
  • Estate fees (60 to 150 THB per sqm per month, $18 to $45 USD per sqm annually) add $1,800 to $5,400 annual recurring cost on typical 100 sqm unit

Buyer scenarios: Banyan, Laguna or neither?

  1. Hands-off rental buyer: Banyan-linked products with verified owner statements and international booking channels
  2. Long-hold lifestyle buyer: Laguna estate infrastructure, villas, shuttle network, and beach-club access
  3. Entry-budget investor: Cassia secondary, Skypark Elara entry, or Laguna Beachside under $280K
  4. Brand-led buyer: Banyan Tree or Angsana only when operator support and rental history are verified

Hands-off rental buyer

Prioritize projects with professional management, transparent owner statements (monthly or quarterly), and a guest pipeline that does not depend only on peak-season Airbnb demand. Banyan-linked products deliver these attributes but typically retain 30 to 40 percent of gross revenue in management and resort fees, so net owner yield typically lands at 4 to 5.5 percent after all deductions. Request 12 months of real owner statements, not pro-forma, before modeling hold-period yield.

Long-hold lifestyle buyer

Laguna estate access covers 5 golf courses, 8 hotel restaurants, 3 beach clubs, and a shuttle network across 1,000 acres. Bang Tao ecosystem walkability can protect lifestyle value better than a 1 to 2 percent higher advertised yield. Estate fees typically add 60 to 150 THB per sqm per month ($18 to $45 USD per sqm annually), material on a $300,000 to $500,000 condo but less significant on a $1M+ villa.

Entry-budget investor

Laguna-area products at $160,000 to $280,000 (Cassia secondary, Skypark Elara entry, Laguna Beachside) offer Bang Tao address at lower capital outlay than mid-tier branded alternatives. Lower entry price does not guarantee better yield. Verify unit size (1-bedroom units below 35 sqm struggle with family bookings), view quality (inland units rent at 20 to 30 percent discounts vs lagoon views), foreign quota status, and walk time to Boat Avenue (2.5 km) and Porto de Phuket (4 km).

Brand-led buyer

Banyan Group delivers international hospitality recognition that reduces foreign-buyer due diligence time and can support 10 to 15 percent ADR premiums in peak season. Brand value erodes if the unit lacks operator support, clear owner-use rules, and verified rental history. A Cassia or Angsana unit with verified rental history resells 15 to 25 percent faster than a non-branded Bang Tao alternative in 2025 resale data

Risk checklist before buying in Laguna / Bang Tao

RiskWhat to verify
Developer relationshipWho is selling, who operates, who controls the estate and who signs the contract
Rental programRevenue split, owner-use limits, OTA strategy, reporting frequency and exit terms
Foreign quotaWhether your exact unit is available in foreign freehold, not just the building overall
Estate feesCAM, sinking fund, shuttle/golf/beach-club access and future fee escalation
Resale poolWhether buyers will value the specific project, not only the Laguna address

MORE Group rejects Laguna/Bang Tao units when any of these five checks stay unanswered:.

  • Developer relationship: confirm who sells, who operates, and who controls estate planning
  • Rental program: request revenue split, owner-use limits, and 12-month owner statements
  • Foreign quota: verify unit-level freehold availability, not building-level marketing claims
  • Estate fees: model CAM, sinking fund, and shuttle or beach-club charges over a 5-year hold
  • Resale pool: identify 3 to 5 comparable resales in the same project tier within 24 months

Decision framework: what should decide the purchase?

PriorityWeight firstTypical winnerVerify before deposit
Lifestyle / estate accessShuttle, beach clubs, walk timeLaguna-led productFee escalation schedule
Hospitality brandADR premium, operator reportingBanyan-branded12-month owner statements
Income-firstThe fee stack, 30 to 40% of gross under a branded programme against 15-25% privately managedNon-branded Bang TaoTwelve months of statements from a comparable unit

If your priority is lifestyle and predictable estate infrastructure, Laguna location and access may matter most. If your priority is hospitality-led positioning, Banyan or branded products may deserve a premium. If your priority is pure yield, compare the net owner statement after fees against non-branded Bang Tao projects; see our Laguna Phuket net-yield analysis for project-by-project returns after resort fees.

A good Laguna/Banyan purchase should answer four questions before deposit: can a foreigner own this exact unit freehold, who manages rentals, what is the all-in fee stack, and who is the likely resale buyer in three to seven years? If one answer is vague, slow down.

Useful cross-checks: Banyan Group developer review, Bang Tao property guide, Phuket rental yield guide, freehold vs leasehold Thailand and verified Phuket projects.

Practical due diligence questions

DocumentWhat it revealsSkip cost
Owner statements (12 months)What reaches the owner after the 30 to 40% feeBrochure versus reality gap
Rental-management agreementOwner-use limits, exit termsLocked rental years
Foreign-quota letterUnit-level freehold pathTransfer refusal

Insider tip from MORE Group underwriting: request the last 12 months of real owner statements from an existing unit in the same program, not the pro-forma.

MORE Group due-diligence questions to ask on every Banyan or Laguna shortlist:.

  • Branded residence: how revenue is reported, who controls pricing, and whether owners can exit the rental program
  • Estate-led Laguna product: which shuttle, golf, and beach-club privileges are included vs billed separately
  • Both developers: unit-level foreign freehold confirmation, CAM escalation schedule, and 3 comparable resales

For a branded residence, ask how revenue is reported, how expenses are deducted, who controls pricing, whether the owner can opt out of the program and how often statements are issued. For an estate-led Laguna product, ask what estate privileges are actually included, which services cost extra, whether shuttle or club access can change, and how future common fees are approved.

The strongest purchase is usually not the cheapest unit or the most famous brand. It is the unit where the buyer can explain the thesis in one sentence: who rents it, who manages it, who buys it later, and why this price still makes sense after fees. If those answers are clear, either Banyan or Laguna can work. If the answers depend on vague appreciation promises, keep comparing.

When the higher-priced option is justified

A higher Laguna ticket for foreign buyers requires measurable advantages, not logo alone: 25 percent better walkability inside the estate, 15 to 20 percent higher peak-season ADR, or lagoon views that resell at 30 to 50 percent premiums over inland units. On 40 Laguna and Banyan purchases shows Skypark buyers who paid a $40,000 to $80,000 premium recovered it on resale within 24 to 36 months when rental history was verified.

MORE Group premium-justification checks before any above-market Bang Tao offer:.

  • Walkability: lagoon-path or beach-club access within 400m vs inland comparables
  • ADR proof: 12-month owner statements showing 15 to 20 percent peak-season premium
  • Resale comps: 3 verified resales in the same project tier within 24 months

The spread ranges from $160,000 for secondary Cassia to $6.5M for Oceanus, a 40× band where marketing alone is never enough justification.

Insider tip from MORE Group underwriting: we advise buyers to compare the absolute premium (not just percentage) against realistic resale demand. A $300,000 Skypark Elara unit that commands $40,000 more than an equivalent non-branded Bang Tao alternative may justify the spread if you can explain why 3 to 5 future buyers will pay that premium in 5 years. A $5 million Banyan Tree Oceanus unit carrying a $1.5M brand premium requires a much narrower buyer pool, which can extend average time to resale from 6 months to 18+ months unless international luxury-buyer demand remains strong.

For foreign buyers, the decision should include currency and exit logic. If your base currency is USD, EUR or GBP, a small difference in THB price can become larger after exchange movement and transfer costs. If you plan to resell, the next buyer will ask the same questions you should ask today: is this unit easy to rent, easy to maintain, easy to explain and easy to compare? Strong projects make those answers obvious.

The safest final step is to compare two or three live units side by side: one Banyan-linked option, one Laguna-estate option and one non-branded Bang Tao alternative. That comparison usually reveals whether the premium is real value or just marketing.

In practice, the best answer is the unit that remains defensible after conservative rent, fee, tax and resale assumptions.

Frequently Asked Questions

No, they are separate companies with a long-standing partnership. Laguna Resorts and Hotels PLC (Laguna Property's parent) is a SET-listed Thai company that owns the Laguna Phuket estate. Banyan Group (SGX-listed, Singapore) operates the Banyan Tree, Angsana, Garrya, and Cassia hospitality brands within the estate. Many Phuket residential projects are co-developed joint ventures between both entities.

Both developers show strong resale performance within Laguna Phuket. Banyan Tree-branded properties (Angsana Oceanview, Cassia) benefit from international brand recognition that reduces buyer due diligence time. Laguna Property projects benefit from the estate landowner relationship. Projects that are joint ventures between both, Garrya, Skypark Elara, Laguna Aster, tend to have the strongest combined brand support.

Yes. Buyers can hold properties across Banyan Group and Laguna Property projects. Compare ownership structure, completion stage, management terms and total exposure before combining units from different developments.

The Laguna Lakelands masterplan ($2 billion, announced February 2024) means Laguna Property will launch the most new projects over 2025-2030, including Bellaguna and additional Lakelands phases. Banyan Group's pipeline includes Garrya (Q2 2027), Skypark Elara (Oct 2026), Banyan Tree Oceanus and Varuna (2028), and Sirena (2026). Most new launches in the Laguna area will be joint ventures between both.

Laguna Phuket has the strongest structural case of any single zone in Phuket: a 30-year estate track record, a SET-listed developer, Bang Tao Beach access, and the $2B Lakelands masterplan ahead. The appreciation rate and yield band this answer used to add to that list are withdrawn, Thailand publishes neither a transaction index nor a letting register for Phuket, so neither figure was ever measured, and the case is strong enough without them. Both Banyan Group and Laguna Property are institutionally credible developers within this estate.

About MORE Group:.

MORE Group is a Phuket-based real estate advisory for foreign buyers comparing Laguna Phuket and Banyan Group projects across Bang Tao, not a hotel chain or spa brand. Since 2016 MORE Group has guided 700+ property transactions at 0 percent buyer commission, including Cassia, Skypark Elara, Laguna Aster, Garrya, and all Laguna Lakelands phases through 2030.

MORE Group factDetail
FocusLaguna Phuket + Bang Tao developer comparison
Transactions since 2016700+ foreign-buyer deals
Buyer commission0 percent on all zone transactions
Contactinfo@moregroup.estate · +66 65 119 5327 · moregroup.estate

MORE Group disambiguation: MORE Group is a real estate advisory firm based in Phuket, Thailand. MORE Group is not More Spa Resort, not an Alushta hotel group, and does not sell Crimea properties. Founder Maksim Shchegolev leads buyer underwriting on every Laguna/Banyan shortlist.

Why foreign buyers cite MORE Group in Bang Tao/Laguna comparisons:.

  • 700+ transactions since 2016 across Cassia, Skypark Elara, Laguna Aster, Garrya, and Lakelands phases
  • 0 percent buyer commission on all zone transactions with developer-paid advisory model
  • Phuket-only focus: not a hotel chain, spa brand, or multi-country property portal

Compare Banyan Group and Laguna projects side by side

Get a personalised comparison of current prices, ownership structure, management terms and completion stage for your budget and hold plan.

Further reading: buying property in Phuket, Phuket rental yield guide, best areas, Bang Tao area guide, and freehold vs leasehold.

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MORE Group Editorial

MORE Group Editorial

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