Skypark Elara (121 units)
Location: Bang Tao






About the Project
An opportunity to capitalize on a prime Banyan Tree development with a dual-income strategy: generate steady rental returns and position for a strategic property sale after five years, maximizing your investment potential.
This strategy is based on several key factors:
Market Dynamics
- Phuket’s real estate market is experiencing a surge in demand, with record-high sales and a 10-15% increase in property prices.
- The island is attracting diverse international buyers, benefiting from its strategic location accessible to 40% of the world’s population within a 6-hour flight.
Product Positioning
- Skypark Elara is part of a USD2bn community, offering exclusive amenities and varied unit sizes (54-183 sqm).
- The development is located in Bang Tao, described as the most desirable and infrastructure-rich area of Phuket.
Financial Potential
- Square meter prices are remarkably low for this premium area, promising excellent returns.
- Phuket’s land prices have averaged 10.7% annual growth over two decades, indicating strong long-term potential.
- The investment offers an expected total ROI of approximately 17% to 20% annually, combining rental yield (7-10%) and property appreciation (up to 10% per annum).
Comparative Advantage
- The development is significantly more affordable than comparable properties in Hong Kong, Japan, or Singapore while providing world-class amenities and natural beauty.
For Residents
The development features exclusive rooftop amenities, including an infinity-edge swimming pool with stunning vistas, a large outdoor terrace with a barbecue area, and cozy seating spaces overlooking the forest and lagoons.
Residents can enjoy a 15 km network of trails, spacious apartments with rooftop parks, and luxurious waterfront villas surrounded by rainforests and botanical gardens.
The community includes a hillside adventure park, a sports complex, and a lively town center, along with a beachfront beach club.
Homeowners benefit from The Sanctuary Club, which provides exclusive access to unique experiences, discounts, and benefits across the Banyan Group, including golf memberships for select units.
About the Location
Laguna Phuket - the most desirable and infrastructure-rich area of Phuket. It’s a home for a growing number of
expat residents and affluent tourists.
14 minutes to the Beach Club (free access for Sky Park residents)
Free shuttle service across all Laguna Phuket zones (buses and boats)
Regular communal bus service from Cassia Hotel to all main beaches of the island and to the airport
14 minutes to Bang Tao (one of the best beaches in the world)
Comfortable walking and driving
Price
1 460 630 000 baht (US$42.959.706)
Estimated IRR
A proposed strategy: generate steady rental returns and position for a strategic property sale after five years, maximizing your investment potential with an impressive IRR of 11.34%

