{"id":27722,"date":"2026-09-28T16:40:00","date_gmt":"2026-09-28T09:40:00","guid":{"rendered":"https:\/\/champameuanglao.com\/phukets-residential-market-splits-in-two-as-luxury-demand-builds-while-lower-tier-supply-outpaces-demand\/"},"modified":"2026-09-28T16:40:00","modified_gmt":"2026-09-28T09:40:00","slug":"phukets-residential-market-splits-in-two-as-luxury-demand-builds-while-lower-tier-supply-outpaces-demand","status":"publish","type":"post","link":"https:\/\/champameuanglao.com\/la\/phukets-residential-market-splits-in-two-as-luxury-demand-builds-while-lower-tier-supply-outpaces-demand\/","title":{"rendered":"Phuket&#8217;s residential market splits in two as luxury demand builds while lower-tier supply outpaces demand"},"content":{"rendered":"<div>\n<h4><i>Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences<\/i><\/h4>\n<\/p>\n<p>PHUKET, THAILAND \u2013  <a href=\"https:\/\/www.media-outreach.com\/\" target=\"_blank\" rel=\"noopener\">Media OutReach Newswire<\/a> \u2013 28 September 2026 \u2013 Phuket&#8217;s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply.  <a href=\"https:\/\/www.banyangroupresidences.com\/\" target=\"_blank\" rel=\"noopener\"><u>Banyan Group Residences<\/u><\/a>, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market. <\/p>\n<figure data-image-width=\"0\" data-image-height=\"0\" style=\"display: block;width: 100%;margin: 0px;padding: 0px;text-align: center\" align=\"center\">   <img decoding=\"async\" src=\"https:\/\/champameuanglao.com\/wp-content\/uploads\/2026\/09\/816762-Main-photo-Press-release-.jpeg\" alt=\"Image\" style=\"width: 100%;margin: 0px\" width=\"1600\"> <\/figure>\n<p> The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold. <\/p>\n<p> Among Banyan Group Residences&#8217; results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date. <\/p>\n<p> Bangtao and the wider Laguna Phuket area have emerged as the island&#8217;s most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities &#8211; characteristics of a mature international market rather than an emerging one. <\/p>\n<p> Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today&#8217;s luxury buyer is acquiring a home that supports their family&#8217;s lifestyle and serves as a long-term store of value &#8211; not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end. <\/p>\n<p> Thailand&#8217;s political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers. <\/p>\n<p> As supply increases across the wider market, buyers are expected to place greater emphasis on developers&#8217; track record, construction quality, professional management and reputable services. The market is not weakening uniformly &#8211; it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry. <\/p>\n<p> Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners. <\/p>\n<p>Hashtag: #BanyanGroupResidences<\/p>\n<p><a href=\"https:\/\/www.banyangroupresidences.com\/\" class=\"social-media-link\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/champameuanglao.com\/wp-content\/uploads\/2026\/09\/generic_li-117.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\">https:\/\/www.banyangroupresidences.com\/<\/a><\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n<\/p>\n<h4>About Banyan Group Residences<\/h4>\n<p>Banyan Group Residences forms part of Banyan Group, one of the world&#8217;s leading independent hospitality groups. Its residential portfolio is supported by the group&#8217;s experience developing and operating hotels, resorts, residences, spas and integrated destinations worldwide. At Laguna Phuket, residents benefit from access to one of Asia&#8217;s most established integrated resort communities, comprising hotels, restaurants, spas, an 18-hole golf course, wellness and leisure facilities, retail services and extensive beachfront surroundings.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/490702\/510435\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences PHUKET, THAILAND \u2013 Media OutReach Newswire \u2013 28 September 2026 \u2013 Phuket&#8217;s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[852],"tags":[],"class_list":["post-27722","post","type-post","status-publish","format-standard","has-post-thumbnail","category-media-outreach"],"_links":{"self":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/27722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/comments?post=27722"}],"version-history":[{"count":0,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/27722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/media\/27723"}],"wp:attachment":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/media?parent=27722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/categories?post=27722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/tags?post=27722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}