Banyan Tree Beach Residences Oceanus: A Luxurious Coastal Haven in Phuket
Banyan Tree Group, a local hospitality company formerly known as Banyan Tree Holdings, has recently launched their latest residential development, Banyan Tree Beach Residences Oceanus in the picturesque island of Phuket, Thailand. These beachfront residences are nestled in an exclusive enclave within the flagship Laguna Phuket resort, and offers residents a perfect blend of luxury and privacy. With 16 units available, each ranging from 416 sq m to 768 sq m for the penthouses, these residences are designed to cater to the needs of the most discerning home buyers.
The ground-floor residences will boast private pools that extend from their terraces, while the penthouses will offer breathtaking views of the Andaman Sea from their spacious living area balconies and rooftop terraces featuring private pools and reflecting ponds. The residences will also feature expansive living areas of over 13m wide, double master bedrooms and luxurious bathrooms. Additionally, residents will have access to a dedicated lap pool with a sun deck, an open lawn with loungers, and an outdoor dining area reserved exclusively for them.
Apart from the world-class amenities within the property, residents of Banyan Tree Beach Residences Oceanus will also have access to the wealth of community facilities offered by the integrated resort. This includes membership at the prestigious Laguna Golf Phuket as well as a complimentary Thailand Elite visa, which provides a five-year multiple-entry privilege. Enjoy exclusive access to the private beach club, premium health and wellness facilities from BDMS Wellness, and signature restaurants, spas, and recreational facilities.
Obtaining financing is a crucial element in investing in a condominium. In Singapore, there are various mortgage alternatives available, but it is vital to have a thorough understanding of the Total Debt Servicing Ratio (TDSR) framework. This policy sets a cap on the amount of loan that a borrower can secure based on their income and current debt obligations. It is beneficial for investors to become familiar with the TDSR and seek guidance from financial advisors or mortgage brokers. This approach can assist in making well-informed decisions regarding financing options and prevent excessive borrowing. To gain access to the best options in Singapore, investors can also explore Singapore Projects and consult with professionals.
With the rising demand for luxury real estate in Phuket, the Banyan Tree Group is anticipating record prices for these exclusive residences. Stuart Reading, managing director of Bantan Group Residences, believes that there is an opportunity to develop much larger, highly luxurious beachfront condominiums to cater to the growing demand for larger living spaces. According to him, “Since there is no longer enough prime beachfront land to build individual standalone villas, we have identified a new opportunity to develop much larger, highly luxurious beachfront condominiums which provide as much living space as a villa, but in a turnkey solution where you don’t have to manage the grounds yourself.”