Habitat Group, Thailand’s leading property-for-investment developer, is confident in the future of Phuket’s tourism and property market, and as the island progresses towards becoming a global city, Habitat Group today announce its first venture on the island, two luxury residential developments – Highland Park Residences Bangtao Beach-Phuket is a collection of luxury villas and Cascade Bangtao Beach-Phuket is a luxury low-rise condominium. Together they have a combined value of THB 2.8 billion.
Mr. Chanin Vanijwongse, Chief Executive Officer of Habitat Group, said “Over recent years, a limited number of luxury villa projects have been launched in the Bangtao Beach area, which has led to a significant and underserved demand for luxury residences. Currently international buyers, including those from Russia, China and Hong Kong, are actively seeking residential properties in the area and we believe now is the right time for us to launch and cater to those interested buyers. Both developments focus on large residential spaces, privacy and are only 700 metres to Bangtao Beach.”
In the post-COVID-19 era, Phuket has rebounded strongly and is experiencing significant economic growth. This has been bolstered by a range of government initiatives outlined in the Phuket five-year development plan (2023-2027), which is aimed at propelling the province to become a global city.
“In the coming five years, we expect Phuket to grow substantially and this offers a window of opportunity for residential developments that cater to the island’s growth. In terms of international buyers, Phuket continues to appeal with the primary group being Russians, who are particularly interested in the luxury villa segment. There is also strong interest from Chinese, Hong Kong, Singaporean and Thai buyers too. Our two new developments, Highland Park Residences Bangtao Beach-Phuket and Cascade Bangtao Beach-Phuket, are strategically focussed on these buyer groups due to their robust demand and high purchasing power,” added Mr. Chanin.
The Highland Park Residences Bangtao Beach-Phuket embodies the concept of ‘Luxury Tropical Living At Its Finest’ with a modern design style. With a total value of THB 1.15 billion, the development is located on 7-3-47.2 rai of land and offers a limited selection of 21 luxury pool villas, available in two distinct designs. The Oceana Villa design features five bedrooms, six bathrooms, a space for two cars with land sizes ranging from 450 to 685.95 sq.m. and an interior living space of 545 to 644 sq.m. Each villa also includes a 12 metre private saltwater swimming pool. The Tropica Villa design offers four bedrooms, five bathrooms, a space for two cars with land sizes ranging from 390 to 638.58 sq.m. and an interior living space of 449 to 526 sq.m. It also comes with a 10 metre private saltwater swimming pool. Prices start at THB 45 million.
The Cascade Bangtao Beach-Phuket embodies the concept of ‘The Artistry of Oceanic Living’. The development features two six-storey luxury low-rise condominiums tailored to a modern island lifestyle. Valued at THB 1.65 billion, the development is situated on 3-1-8.70 rai of land, adjacent to Highland Park Residences Bangtao Beach-Phuket. The two condominium buildings have 6 floors, comprising 73 units. Building one consists of 33 units and building two consists of 40 units, ensuring a sense of privacy. The highlights include large spaces, high ceilings at over three metres plus complete facilities in each building. The development offers a range of unit types including Two-bedrooms with a usage area of 108 sq.m, Three-bedrooms with a usage area of 156 sq.m. and Four-bedrooms with a usage area of 280-303 sq.m. All units come fully furnished and prices start at THB 15.5 million.
Mr. Chanin explained, “Our choice of Bangtao Beach was based on a number of factors. The location is strategic and boasts significant potential as premium land plots in the area are scarce. Both developments are surrounded by many leisure facilities and conveniences such as community malls, supermarkets, 5-star hotels and several world-class golf courses. And Phuket International Airport is just a 20 minute drive away.”
Habitat Group has made substantial investments in premium property projects over the past decade, spanning Bangkok and Pattaya. The group has successfully completed over 15 projects – five in Bangkok and 10 in Pattaya – boasting a total value of more than THB 16 billion. These achievements are underpinned by a remarkable collection of 71 national and international accolades.