Skypark Elara Lakelands Phuket: Full Review 2026 Guide

Skypark Elara Lakelands is a 220-unit luxury condominium within the Laguna Lakelands masterplan, built around its lake system, with lake views from every unit and an interest-free payment plan. The current price list runs from 8,290,000 THB (about $254,000) to 47,450,000 THB, across one-bedrooms of 54 to 57 sqm, two-bedrooms of 85 sqm and three-bedrooms of 181 to 186 sqm. It is the most accessible way into Laguna Lakelands, with the Laguna and Banyan Group names behind it, and this review explains who it suits and how the purchase works.

One Skypark Elara, in Laguna Lakelands

Buyers meet this project under two names, Skypark Elara and Skypark Elara Lakelands, and some listings place it inside the Laguna Phuket estate. Banyan Group, the developer, sells one Skypark Elara in Phuket: this one, in Laguna Lakelands, the new lake district beside the established estate rather than inside it.

The first phase is three low-rise buildings of seven storeys with about 220 residences, from one to three bedrooms. Banyan Group’s other Skypark building on the island, Skypark Celeste, is a separate and older condominium inside the Laguna estate itself, so a price or a rental history quoted for Celeste says nothing about Elara.

The Interest-Free Payment Plan

Stage	Payment
Reservation	THB 100,000
Contract signing	20% of purchase price
Construction milestone 1	20%
Construction milestone 2	20%
Construction milestone 3	20%
Handover	20%

No interest is charged on the deferred balance, and each 20% stage on the entry unit of each layout works out as follows:

Layout	Entry price	Each 20% stage
One-bedroom, 54-57 sqm	8,290,000 THB	1,658,000 THB
Two-bedroom, 85 sqm	13,430,000 THB	2,686,000 THB
Three-bedroom, 181-186 sqm	34,040,000 THB	6,808,000 THB

Spreading the price evenly through the build suits buyers who prefer to fund the purchase from income or from the sale of another property as the building rises.

What the interest-free structure is worth: against a plan charging 5% a year on a deferred 80% balance over eighteen months, it saves about 497,000 THB on the entry one-bedroom.

We send the schedule for your unit, with the construction stage each payment is tied to, together with the price list.

Lake Views

• Open sightlines over water: the lakes are the centrepiece of the masterplan
• A natural, calming setting that sets Lakelands apart from standard urban condos
• Distinctive photography for rental listings: “lake view in Laguna Phuket” is a specific and sellable proposition
• An eco-community atmosphere, with the landscaping maturing year by year around the water

The Price List

Units	Layout	Size	Price (THB)	Median (THB)	THB per sqm
44	1-bedroom	54-57 sqm	8,290,000 - 13,500,000	9,900,000	183,333
7	2-bedroom	85 sqm	13,430,000 - 18,330,000	14,180,000	166,824
11	3-bedroom	181-186 sqm	34,040,000 - 47,450,000	41,610,000	229,890

Sixty-two priced units, median 11,200,000 THB, median metre 187,222, payment 20/20/20/20/20 across five stages, about ten minutes by car to Bang Tao Beach, five to the nearest mall and 21 to the airport.

Two things stand out. The two-bedroom is the best-value metre in the scheme, at 166,824 THB against 183,333 for the one-bedrooms, so the extra bedroom costs less per square metre than the first one does. And the three-bedrooms are the signature homes: at 181 to 186 sqm they are among the largest condominium residences in the Laguna area.

Against the corridor, the median metre of 187,222 THB is 16% above the Bang Tao area median of 161,000, the Laguna lakeside premium expressed as a number.

Skypark Elara vs Laguna Aster

Factor	Skypark Elara	Laguna Aster
Entry price (1BR)	8,290,000 THB (about $254,000)	From about $338,000
Units	220	180
Key amenity	Lake views from every unit	60 m rooftop pool, fully furnished
Payment	Interest-free, five stages of 20%	Developer schedule
Beach distance	~1.5 km	~1.6 km
Brand overlay	Banyan + Laguna	Laguna + Banyan Tree Spa

Choose Skypark Elara if:

• The lower entry is more appropriate to your budget
• A lake outlook and an interest-free plan matter more to you than a rooftop pool
• You want the largest three-bedrooms in the Lakelands phase

Choose Laguna Aster if:

• The 60 m infinity rooftop pool is a specific rental differentiator for your strategy
• A full furnishing package simplifies your plan after handover

Location in Cherng Talay: The Broader Bang Tao Context

Why Cherng Talay / Laguna is Phuket’s growth area:

• Fastest-growing luxury area in Phuket
• International population growth (expats, digital nomads, retirees)
• Infrastructure improvements (road widening, new commercial development)
• Lakelands masterplan as the largest single development stimulus

Buyers in Skypark Elara are not just buying a condo, they are buying a position in Phuket’s most institutionally supported growth zone, with Laguna’s golf, spas, beach clubs and dining around them. The project is pet-friendly, with a rooftop sky pool, a fitness centre and a lounge.

Why Buyers Choose Skypark Elara Lakelands

• The most accessible way into the Laguna Lakelands masterplan
• An interest-free payment plan in five equal stages
• Lake views across all units, over a lake system designed as the heart of the masterplan
• The best-value metre in the two-bedrooms, and the scheme’s largest three-bedrooms
• Backed by a developer with thirty years of delivery on the adjacent Laguna estate

Every Unit Has a Lake View

What a lake gives you is a lasting outlook. The water is the centrepiece of the masterplan, and a lake view inside it is about as settled as a view gets in Phuket, which shows at resale, where a buyer can see the setting for themselves.

Because every unit shares the lake, the choice between units comes down to floor level, aspect, layout and presentation. Those are the attributes worth choosing carefully at reservation, and we send the floor, the aspect and the plan of every available unit with the price list. The Lakelands masterplan guide shows how the landscape around the lakes develops as the phases are completed.

What We Send Before You Reserve

• Your unit’s position: floor, aspect and distance to the water, with the site plan
• The masterplan around your building, showing what is planned between your unit and the water
• The payment schedule, with the construction stage each 20% is tied to
• The construction update for your building
• The foreign quota position for your unit, in a dated statement; the 49% is measured by total floor area
• The letting position: the building’s licence route for stays under 30 days and the house rules
• The CAM rate per square metre and the sinking fund contribution at handover, for your income plan

Buying Skypark Elara Lakelands with MORE Group

A unit at Skypark Elara Lakelands is bought in five steps, from the first price list to the keys, and we are with you through each of them.

1. 1

   Current price list and free units

   We ask the developer for today's price list for Skypark Elara Lakelands and send you the units that match your budget, with floor plans.

2. 2

   Foreign quota on your unit

   Foreign buyers hold condo freehold within the 49% foreign quota of the building, counted by floor area. We confirm with the developer that the unit you choose sits inside that quota. How the foreign quota works

3. 3

   Reservation and payment schedule

   A reservation deposit holds the unit, and the balance follows the developer's payment schedule, which we send with the price list.

4. 4

   Transfer and registration

   The purchase money arrives from abroad in foreign currency with an FET form, and the unit is registered in your name at the Land Department. The FET form explained

5. 5

   After the keys

   We stay in touch after handover and help with rental options and a future resale when you want them.

0% buyer commission. Ask for the current price list

Frequently Asked Questions

Is a lake view worth paying for in Phuket? +

A lake view gives a lasting open outlook, because the lakes are the centrepiece of the Lakelands masterplan, and it makes a listing stand out. Here every unit has one, so the choice between units rests on floor, aspect and layout, which we send for every available unit.

What does the 0% interest payment plan actually save? +

On the entry one-bedroom at 8,290,000 THB, about 497,000 THB against a plan charging 5% a year on a deferred 80% balance over eighteen months. The structure is a reservation of THB 100,000, then 20% at contract, three 20% construction milestones, and 20% at handover.

How does Skypark Elara compare with Laguna Aster? +

Elara enters at 8,290,000 THB, about $254,000, with lake views from every unit and an interest-free plan; Aster starts from about $338,000 with a 60 m rooftop pool and a furnishing package included. Elara suits a buyer who wants the lower entry and the lake outlook; Aster suits one who wants a specific rental amenity or a turnkey unit.

Can a foreign buyer hold freehold here? +

Yes, within the 49% foreign quota, which Thai law measures by the total floor area of the building. We obtain written confirmation from the developer or the juristic office for your specific unit before the reservation. Freehold registration for a non-resident also requires the foreign currency inward remittance record, the FET form, at the Land Department, and we plan the transfer with you well ahead of the final payment.

What stage is Skypark Elara Lakelands at? +

Construction is underway. We send the latest construction update together with the price list.

Read Also:

• Laguna Lakelands masterplan guide, how the phases fit together
• Laguna Aster, the second phase compared above
• Buying Property in Phuket
• Off-plan property Phuket guide
• Bang Tao Property Guide