Banyan Group vs Laguna Phuket Property 2026

Are Banyan Group and Laguna Phuket the Same Developer?

As of October 2026, Banyan Group and Laguna Phuket are one group, so foreign buyers comparing them in Phuket are choosing between brand lines of one developer. Laguna Phuket is run by Laguna Resorts & Hotels PLC, whose major shareholder holds 48.25 percent and is owned by Banyan Tree Holdings. MORE Group’s price list carries 423 priced units in fifteen of the group’s schemes.

The homes are sold under several brand names, from Laguna Lakelands apartments at 8,000,000 THB to Banyan Tree Beach Residences Oceanus at up to 391,000,000 THB, so the decision that matters is which brand line and which scheme match the budget, the format the buyer wants and whether the buyer needs a finished home now.

• Operator of the estate: Laguna Resorts & Hotels PLC, listed on the Stock Exchange of Thailand, whose major shareholder belongs to Banyan Tree Holdings
• Seller of the homes: Banyan Group Residences, with eight residence brands in Phuket
• Prices on our list: 8,000,000 to 391,000,000 THB across 423 priced units in fifteen schemes

How Are Banyan Group and Laguna Phuket Related?

For foreign buyers the link is visible in the filings. Laguna Phuket is operated by Laguna Resorts & Hotels PLC, listed on the Stock Exchange of Thailand, and its disclosure of 12 November 2025 names its major shareholder as Banyan Tree Assets (Thailand), which holds 48.25 percent and is 99.99 percent owned by Banyan Tree Holdings.

Banyan Group itself was founded in 1994 and trades on the Singapore Exchange as Banyan Tree Holdings under the ticker B58. In January 2024 the group changed its corporate brand from Banyan Tree Group to Banyan Group, a name that covers Banyan Tree, Angsana, Cassia, Garrya, Homm and its other brands. The homes follow the same line: the former website of Laguna Property now redirects to Banyan Group Residences, which sells the group’s residences in Phuket under eight brand names. For foreign buyers the practical meaning is straightforward. A buyer who reserves a Laguna-branded apartment and a buyer who reserves a Banyan Tree villa deal with the same group and live in the same part of Bang Tao, while the product, the price and the ownership route change from scheme to scheme, from 8,000,000 THB for a one-bedroom at Laguna Lakelands to 391,000,000 THB for the largest apartment at Oceanus.

The ownership chain runs in three steps:

• Banyan Tree Holdings, listed in Singapore as B58, owns 99.99 percent of Banyan Tree Assets (Thailand)
• Banyan Tree Assets (Thailand) holds 48.25 percent of Laguna Resorts & Hotels PLC as its major shareholder
• Laguna Resorts & Hotels PLC runs Laguna Phuket, and the homes on the estate are sold under Banyan Group Residences

The table lists the source MORE Group used for each fact in this section.

Name	What it is	Source
Banyan Group	Hospitality group founded in 1994, listed in Singapore as Banyan Tree Holdings (B58), corporate brand since January 2024	Banyan Group investor relations; name change announced 11 January 2024
Laguna Resorts & Hotels PLC	Thai listed company that runs Laguna Phuket; its major shareholder holds 48.25 percent and is 99.99 percent owned by Banyan Tree Holdings	Company disclosure to the Stock Exchange of Thailand, 12 November 2025
Laguna Phuket	Integrated resort of more than 1,000 acres with six hotels, an 18-hole golf course and a 3 km stretch of Bang Tao Beach	lagunaphuket.com
Laguna Lakelands	Residential community next to Laguna Phuket on one million square metres, up to 5,000 residences, USD 2 billion	Banyan Group announcement, 8 February 2024
Banyan Group Residences	Sales brand for the group’s homes in Phuket; the former Laguna Property website redirects to it	banyangroupresidences.com

How Big Are Laguna Phuket and Laguna Lakelands?

Laguna Phuket is an integrated resort of more than 1,000 acres on Bang Tao Beach, and Laguna Lakelands is the group’s newer residential community next to it, announced in February 2024 as a USD 2 billion development. For foreign buyers the two together hold every scheme on MORE Group’s list for the group.

• Laguna Phuket: more than 1,000 acres of parkland and beachfront along a 3 km stretch of Bang Tao Beach
• Hotels on the estate: Angsana Laguna Phuket, Banyan Tree Phuket, Cassia Phuket, Dusit Thani Laguna Phuket, Homm Suites Laguna and SAii Laguna Phuket
• Golf: one 18-hole course
• Visitors: about one million a year, around 10 percent of all visitors to Phuket, according to Banyan Group in February 2024
• Laguna Lakelands: no less than one million square metres (700 rai, or 276 acres), up to 5,000 residences, USD 2 billion

Laguna Lakelands was announced on 8 February 2024, and its first phase included one- to three-bedroom Lakeview Residences, which our list carries as Laguna Lakelands Waterside, and four-bedroom Waterfront Villas with private pools and gardens. Both are on MORE Group’s price list today, Waterside from 8,000,000 THB for a 48 sqm one-bedroom and the villas from 54,800,000 THB for 436 sqm.

Every scheme in this guide sits in Thalang district, in Laguna Phuket or close to it, so for a buyer the comparison comes down to the building, the unit and the price, with the same estate, the same beach and the same hotels around all of them. The Laguna Lakelands masterplan guide follows the new community phase by phase, and the Bang Tao property guide covers the wider area around the estate for buyers who are still choosing a part of the island.

Which Residence Brands Does Banyan Group Sell in Phuket?

Banyan Group’s homes in Phuket are sold under eight residence brands: Banyan Tree, Angsana, Cassia, Garrya, Laguna Residences, Laguna Lakelands, Bellaguna and Skypark. Seven of them have priced units on MORE Group’s list, from 8,000,000 THB at Laguna Lakelands to 391,000,000 THB at Banyan Tree, and Cassia has no priced units with us at the moment.

• Banyan Tree Residences: four schemes on our list, from 93,800,000 THB
• Angsana Residences: one completed scheme, from 45,820,000 THB
• Garrya Residences: one scheme, from 16,360,000 THB
• Laguna Residences: three schemes, from 10,500,000 THB, plus the completed Laguna Reef
• Bellaguna Residences: two schemes, from 12,880,000 THB
• Laguna Lakelands and Skypark Residences: three schemes, from 8,000,000 THB

Banyan Tree Residences

The top of the range, with four schemes on our list. Banyan Tree Lake Residences Yara has single-storey villas, and on our list a 414 sqm villa starts at 93,800,000 THB. On Bang Tao Beach, Varuna has beachfront townhomes of 292 to 880 sqm from 106,900,000 THB, Nammu has three-bedroom townhomes of 468 sqm from 110,000,000 THB, and Oceanus has four-bedroom apartments of 416 to 768 sqm from 160,000,000 to 391,000,000 THB. According to the developer’s description, Varuna owners can join the Banyan Living rental programme.

Angsana Residences

Angsana Oceanview Residences is described by Banyan Group as a completed development of 33 residences in three low-rise buildings, each residence with its own private pool, alongside 116 hotel rooms operated by Angsana Laguna Phuket. Three units carry prices on our list: a 209 sqm two-bedroom at 45,820,000 THB, a 281 sqm three-bedroom at 58,680,000 THB and a 304 sqm two-bedroom at 84,940,000 THB.

Garrya Residences

Garrya Residences has 35 priced units on our list, one- and two-bedroom layouts from a 57 sqm unit at 16,360,000 THB up to a 316 sqm unit at 120,220,000 THB.

Laguna Residences

The developer lists three Laguna Residences schemes, and all three are on our list: Laguna Lake Residences Aster with 49 priced units from 10,500,000 THB, Laguna Beach Residences Seashore with 12 from 22,700,000 THB and Laguna Beach Residences Bayside with 52 from 27,700,000 THB. Laguna Reef, which is completed, carries the Laguna name as well and has one three-bedroom of 131 sqm on our list at 27,000,000 THB.

Bellaguna Residences

Bellaguna is the group’s newest residential brand, launched in January 2026, with homes designed for year-round living and managed by Banyan Group. Two Bellaguna schemes carry prices on our list: Bellaguna Golf Residences Hibiscus, with 97 priced units of one to three bedrooms from 12,880,000 THB for 67 sqm, and Bellaguna Lotus, with 16 priced units from 19,550,000 THB for a 75 sqm one-bedroom up to a unit of 412 sqm.

Laguna Lakelands and Skypark Residences

Two Laguna Lakelands schemes come from the first phase: Waterside Residences, with 69 priced units of one to three bedrooms from 8,000,000 THB for 48 sqm, and Waterfront Villas, seven four-bedroom villas of 436 to 556 sqm from 54,800,000 THB. Skypark Elara Lakelands adds 62 priced units of one to three bedrooms from 8,290,000 THB for 54 sqm.

What Do the Group’s Schemes in Phuket Cost?

For foreign buyers, the group’s fifteen priced schemes on MORE Group’s list range from 8,000,000 THB for a 48 sqm one-bedroom at Laguna Lakelands Waterside to 391,000,000 THB for a 768 sqm apartment at Oceanus, across 423 priced units in seven brand lines.

Dollar amounts use the site rate of 32.7 THB per US dollar, and the stage column shows whether the building is completed or under construction.

Scheme	Brand line	Format	Priced units	From (THB)	From (USD)	Median THB per sqm	Stage
Laguna Lakelands Waterside	Laguna Lakelands	1-3BR apartments	69	8,000,000	about $245,000	171,714	Under construction
Skypark Elara Lakelands	Skypark	1-3BR apartments	62	8,290,000	about $254,000	187,222	Under construction, handover Q3 2028 (developer)
Laguna Lake Residences Aster	Laguna	1-2BR apartments	49	10,500,000	about $321,000	214,286	Under construction, handover Q2 2028 (developer)
Bellaguna Golf Residences Hibiscus	Bellaguna	1-3BR apartments	97	12,880,000	about $394,000	223,333	Under construction
Garrya Residences	Garrya	1-2BR apartments	35	16,360,000	about $500,000	312,259	Under construction, handover Q2 2029 (developer)
Bellaguna Lotus	Bellaguna	1-3BR apartments	16	19,550,000	about $598,000	299,195	Under construction
Laguna Beach Residences Seashore	Laguna	2-3BR apartments	12	22,700,000	about $694,000	238,168	Under construction
Laguna Reef	Laguna	3BR apartment	1	27,000,000	about $826,000	206,107	Completed
Laguna Beach Residences Bayside	Laguna	2-3BR apartments	52	27,700,000	about $847,000	271,702	Under construction
Angsana Oceanview Residences	Angsana	2-3BR apartments	3	45,820,000	about $1.40M	219,234	Completed
Laguna Lakelands Waterfront Villas	Laguna Lakelands	4BR villas	7	54,800,000	about $1.68M	126,619	Under construction
Banyan Tree Lake Residences Yara	Banyan Tree	3-5BR villas	2	93,800,000	about $2.87M	217,070	Under construction
Banyan Tree Beach Residences Varuna	Banyan Tree	Townhomes	6	106,900,000	about $3.27M	376,370	Under construction, handover Q2 2028 (developer)
Banyan Tree Beach Residences Nammu	Banyan Tree	3BR townhomes	5	110,000,000	about $3.36M	247,863	Under construction
Banyan Tree Beach Residences Oceanus	Banyan Tree	4BR apartments	7	160,000,000	about $4.89M	452,479	Under construction, handover Q4 2028 (developer)

According to the developer, checked 16 September 2026.

Insider tip from MORE Group: the metre separates these schemes more clearly than the brand name does. Laguna Lakelands Waterside sits at a median of 171,714 THB per square metre and Garrya Residences at 312,259 THB, so the same floor area costs about 1.8 times as much at Garrya, and the full range runs from 126,619 THB at Laguna Lakelands Waterfront Villas to 452,479 THB at Oceanus against a Bang Tao apartment median of 161,000 THB per square metre on our list.

How those prices compare with standalone Bang Tao outside the estate walls is in our Bang Tao vs Laguna Phuket property comparison.

Which Brand Line Fits Which Buyer?

Foreign buyers usually arrive with a budget and a format in mind, and each brand line on MORE Group’s list covers a different pair of the two. The budget bands below start at 8,000,000 THB and are based on the entry prices in the price table, so every scheme in a row fits that row’s budget.

Budget	Lines to look at	Entry unit on our list
8 to 13 million THB	Laguna Lakelands Waterside, Skypark Elara, Laguna Lake Residences Aster, Bellaguna Golf Residences Hibiscus	One-bedrooms of 48 to 67 sqm from 8,000,000 to 12,880,000 THB
16 to 20 million THB	Garrya Residences, Bellaguna Lotus	One-bedrooms of 57 and 75 sqm from 16,360,000 and 19,550,000 THB
22 to 28 million THB	Laguna Beach Residences Seashore and Bayside, Laguna Reef	Two- and three-bedrooms of 99 to 131 sqm from 22,700,000 THB
45 to 85 million THB	Angsana Oceanview Residences, Laguna Lakelands Waterfront Villas	A completed 209 sqm two-bedroom from 45,820,000 THB and four-bedroom villas of 436 sqm from 54,800,000 THB
93 million THB and above	Banyan Tree Residences: Yara, Varuna, Nammu, Oceanus	Villas, townhomes and apartments of 292 to 468 sqm from 93,800,000 THB

Each buyer scenario below uses the same list and the same entry prices.

Buyer profile 1, a first purchase or a letting apartment. The four schemes at the start of the list open with one-bedrooms of 48 to 67 sqm at entry prices from 8,000,000 to 12,880,000 THB. Laguna Lakelands Waterside and Skypark Elara are the two lowest entries, and Bellaguna Golf Residences Hibiscus offers the deepest choice with 97 priced units, which helps a buyer who wants a particular floor, view or layout.

Buyer profile 2, a branded apartment for regular use. Garrya Residences and Bellaguna Lotus start at 16,360,000 and 19,550,000 THB and carry the highest apartment metre in the group after Oceanus, 312,259 and 299,195 THB. They suit a buyer who wants a recognised name on the building and plans to spend several weeks a year in the apartment.

Buyer profile 3, the beach side of the estate. Laguna Beach Residences Seashore and Bayside offer two- and three-bedroom apartments from 99 and 121 sqm, starting at 22,700,000 and 27,700,000 THB, and Laguna Reef adds a completed three-bedroom of 131 sqm at 27,000,000 THB for a buyer who wants the keys at transfer.

Buyer profile 4, a finished home with a private pool. Angsana Oceanview Residences is the completed option in the upper middle of the range, with 33 residences, a private pool in each and three priced units from 45,820,000 THB. In a finished building a buyer can read the accounts of the juristic person and the letting history before committing.

Buyer profile 5, a family villa. Laguna Lakelands Waterfront Villas are the group’s only villas on our list below 60,000,000 THB: seven four-bedroom villas of 436 to 556 sqm with private pools and gardens, from 54,800,000 THB.

Buyer profile 6, the flagship address. The four Banyan Tree schemes start at 93,800,000 THB. Varuna, Nammu and Oceanus stand on Bang Tao Beach, and Oceanus holds the highest metre in the group at 452,479 THB. These homes suit a buyer who wants the group’s flagship brand and the largest floor plans on our list, up to 880 sqm at Varuna and 938 sqm at Yara.

If the unit has to earn, compare the fee structures of each scheme in our Laguna Phuket rental yield analysis.

What Are the Advantages of Each Brand Line?

The advantages of each brand line are set by three facts on MORE Group’s price list: the entry price, the format and whether the building is finished. For foreign buyers, Banyan Tree Residences offers the largest homes, up to 938 sqm, Laguna Lakelands the lowest entry at 8,000,000 THB, and the other five lines sit in between.

Brand line	Advantages on our list	Suits
Banyan Tree Residences	Beach and lake addresses, the largest homes on our list (up to 938 sqm), the group’s flagship brand	Buyers of a flagship home by the sea
Angsana Residences	A completed development with a private pool in every residence	Buyers who want a finished home
Garrya Residences	The Garrya brand in apartments from 57 sqm	Buyers who want a branded apartment for regular use
Laguna Residences	Beach and lake addresses across three schemes, plus a completed unit at Laguna Reef	Buyers who want estate living at a middle price
Bellaguna Residences	The group’s newest brand, homes for year-round living from 67 to 412 sqm	Buyers who plan to live on the estate for much of the year
Laguna Lakelands	The lowest entry on the list at 8,000,000 THB and villas from 54,800,000 THB	A first purchase or a family villa
Skypark Residences	A second low entry at 8,290,000 THB with one to three bedrooms	A first purchase or a letting apartment

Each line keeps to its own price band and format, so the price table above is the quickest way to see which of them overlap a given budget.

The project pages linked in this guide carry more detail on each scheme, from layouts and sizes to the unit prices behind these figures.

What Do All the Brand Lines Have in Common?

All fifteen schemes on MORE Group’s list sit in Laguna Phuket or next to it and share one set of ownership rules for foreign buyers. The rule for condominiums is the 49 percent foreign quota, measured by the total floor area of the building, with the remaining 51 percent Thai-owned.

• Ownership. Non-Thai nationals may hold freehold title in registered condominiums only within that quota, which counts floor area rather than the number of units, and our guide to the foreign quota in Thai condominiums covers how it is checked. Foreigners cannot hold freehold land in Thailand, so villa and townhome ownership for foreigners is typically a registered lease, and the freehold vs leasehold guide sets out both routes side by side.
• Transfer. Freehold condominium transfers to non-residents usually require proof of foreign currency inward remittance, the FET form, when the transfer is registered at the Land Department. The proof of funds guide explains how the form is issued on payments to the developer.
• Payments. All thirteen schemes under construction are listed with the same staged plan, five payments of 20 percent each, which spreads the price across the build. Laguna Reef, which is completed, is listed with a 20 percent payment followed by 80 percent.
• Rental programmes. Several lines come with a rental programme from the group, such as Banyan Living, which Varuna owners can join. The share of revenue, the owner nights and the fees are set in the programme agreement, which is worth reading alongside the sale contract.
• Rental and price history. Laguna Phuket as a zone has historically delivered gross rental yields of 5.5 to 8.5% and 5 to 6% annual price appreciation. After the 30 to 40% management fees of Banyan-linked rental programmes, net owner yields have historically run at 4 to 5.5%, and Banyan-branded units have achieved 10 to 15% higher peak-season nightly rates than non-branded Bang Tao alternatives. In earlier Laguna estate expansions, phase-1 buyers gained 15 to 25% over phase-4 and later entrants.

MORE Group benchmark based on the rental history of properties owned by our clients in Phuket. Past results do not guarantee future returns: changes in Thai law, tourism flows, global events and the market can change income.

Which Documents Can a Buyer Request for a Unit?

A reservation checklist for any unit on MORE Group’s list is a set of six documents, so foreign buyers can compare shortlisted units on the same terms. For a condominium under construction the set also covers five payments of 20 percent, a quota letter under the 49 percent rule and the FET form at transfer.

1. The current unit list and the price of the exact unit, since our list shows asking prices and units sell between updates.
2. The payment schedule and the construction stage each payment is tied to.
3. The ownership papers: a dated foreign quota letter for a condominium, or the lease terms for a villa or townhome.
4. The rental programme agreement for buyers who plan to let: revenue share, owner nights and fees.
5. The estate and building charges per square metre, with the rate that applies from handover.
6. The FET form for a freehold condominium transfer.

MORE Group can request the same set of documents for any scheme in this guide, which puts two or three shortlisted units side by side on identical terms.

FAQ: Banyan Group and Laguna Phuket

Frequently Asked Questions

Are Banyan Group and Laguna Phuket the same company? +

They belong to one group. Laguna Phuket is run by Laguna Resorts & Hotels PLC, which is listed on the Stock Exchange of Thailand. In its disclosure of 12 November 2025 the company names its major shareholder as Banyan Tree Assets (Thailand), which holds 48.25 percent of its shares and is 99.99 percent owned by Banyan Tree Holdings, the Singapore-listed parent of Banyan Group.

Who sells the homes in Laguna Phuket? +

Banyan Group Residences, which lists eight brands for Phuket: Banyan Tree, Angsana, Cassia, Garrya, Laguna Residences, Laguna Lakelands, Bellaguna and Skypark. The former Laguna Property website now redirects to it.

What is the lowest price to buy into Laguna? +

On our price list the lowest entry is a 48 sqm one-bedroom at Laguna Lakelands Waterside for 8,000,000 THB, about $245,000. Skypark Elara Lakelands follows at 8,290,000 THB for 54 sqm, and Laguna Lake Residences Aster at 10,500,000 THB for 56 sqm.

How much does a Banyan Tree residence in Phuket cost? +

On our list the four Banyan Tree schemes start at 93,800,000 THB for a 414 sqm villa at Banyan Tree Lake Residences Yara. On Bang Tao Beach, Varuna starts at 106,900,000 THB, Nammu at 110,000,000 THB and Oceanus at 160,000,000 THB, and the largest Oceanus apartment, 768 sqm, is listed at 391,000,000 THB.

Which Laguna and Banyan homes are already completed? +

Angsana Oceanview Residences, a completed development of 33 residences with three priced units from 45,820,000 THB, and Laguna Reef, with one completed three-bedroom of 131 sqm at 27,000,000 THB. The other thirteen schemes on our list are under construction.

Is Laguna Lakelands part of Laguna Phuket? +

It is the group's newer residential community next to Laguna Phuket, announced on 8 February 2024: no less than one million square metres, up to 5,000 residences and a development value of USD 2 billion. On our list its Waterside Residences start at 8,000,000 THB and its Waterfront Villas at 54,800,000 THB.

Can a foreigner buy freehold in these schemes? +

In a registered condominium, yes, within the 49 percent foreign quota measured by the floor area of the building. Villas and townhomes are typically held on a registered lease, because foreigners cannot hold freehold land in Thailand.

Who Is MORE Group?

MORE Group is a Phuket-based real estate advisory for foreign buyers comparing projects in Bang Tao and across the island, from entry apartments to beachfront homes. The team has guided 500+ property transactions and charges 0 percent commission to buyers, and MORE Group is unrelated to hotel or spa businesses with a similar name.

• Email: info@moregroup.estate
• Phone: +66 65 119 5327
• Website: moregroup.estate

Further reading: the Banyan Group developer review, the best Laguna projects for foreign buyers and the best Banyan Group projects in Phuket.