Banyan Tree Residences Creston Hill Achieves Pre-sales Triumph, Reflecting Strong Demand for Luxury Branded Residences in Thailand

Bangkok, January 2024 – Banyan Tree Residences Creston Hill, the first-ever luxury branded residences adjacent to the UNESCO World Heritage site, Khao Yai National Park, announces the remarkable success of the presales phase for its initial development stage. This monumental venture, valued at THB 17 billion, is the result of a collaboration between Banyan Tree, a globally acclaimed independent multi-branded hospitality group, and Thai developer Creston Holding Ltd. The pre-sales achievement marks a growing and sustained demand for luxury branded residences in Thailand.

Mr. Stuart Reading, Managing Director, Group Property Development, Banyan Group, states, “Our pre-sales have achieved THB 1 billion before the show units officially open. With the show units on display at our on-site sales gallery, numerous potential buyers are scheduling inspections. We expect a notable uptick in visits, particularly due to the stunning fully furnished display units now available for viewing on-site. Potential buyers can immerse themselves in this exceptional branded residential project, surrounded by magnificent nature. Experiencing firsthand, they will understand why Banyan Tree Residences Creston Hill stands out as an ideal choice for a permanent residence or a tranquil holiday getaway.”

“The demand for branded residences remains high as buyers look for homes that provide space and privacy, a trend that has become more pronounced since the pandemic. Khao Yai is ideally situated to embrace this trend, providing an opportunity to break away from the hustle and pollution of Bangkok and indulge in the refreshing air and tranquility of nature. Properties such as Banyan Tree Residences Creston Hill not only provide a luxurious lifestyle but also present a solid investment opportunity in one of the best locations in Khao Yai,” explains Mr. Reading.

Over the last decade, the Asia Pacific region has witnessed a 216% increase in branded developments, reflecting a global trend. According to a Savills report, the active markets in the region are expected to see a 72% rise in branded residences by 2030. Historically, investing in Khao Yai real estate has proven to be lucrative, showing a consistent upward trend in land prices. Banyan Tree Residences Creston Hill strategically positions itself to cater to robust demand, benefiting from Khao Yai's increasing popularity and ongoing infrastructure developments. The completion of Motorway 6, enhancing transportation links between Bangkok and the northeastern region, is expected by 2025, further contributing to the project's strategic location.

Located in the serene Khao Yai, 1.5 hours to the northeast of Bangkok, Banyan Tree Residences Creston Hill spans 226 rai of land featuring over 30 rai of serene lakes in the beautiful valley. In its initial phase, the newly introduced branded residences comprise 21 fully furnished luxury pool villas spanning 435 sqm, each with four bedrooms starting at THB70 million and 16 low-rise condominium buildings, that offer one, two, and three-bedroom configurations, as well as penthouse options ranging from 64 to 295 sqm. The starting price for these condo units is THB15 million. All these offerings are designed to seamlessly integrate with the tranquil landscape, in line with the Banyan Group’s founding ethos of embracing the environment and caring for the communities in which it operates.

“Our second residential phase will introduce 13 more pool villas and 18 luxury condominium buildings. This phase is slated to launch in 2025 and is anticipated to sell out by 2027,” adds Mr. Reading.

Proud owners of Banyan Tree branded residences gain access to the exclusive Banyan Tree signature owner programme, "The Sanctuary Club," offering a host of privileges across the Banyan global network. These perks encompass discounts, priority waitlists, early check-ins, late check-outs, and special invitations through the Xperiential Guest Programme. The offered benefits and discounts span worldwide locations, including Banyan Tree Residences Creston Hill, Banyan Tree Bangkok, and international destinations at participating resorts and hotels in Greece, Cuba, Maldives, Morocco, and more.

Just 200 kilometers from bustling Bangkok, Khao Yai provides diverse activities suitable for various lifestyles, catering to sports enthusiasts, nature lovers, gourmands, and wellness seekers alike. Given its proximity to Bangkok, Banyan Tree Residences Creston Hill emerges as the ideal second home for individuals who work from home and those transitioning to a work-from-anywhere lifestyle.

The on-site sales gallery and display units for the condominium offerings are open and ready to receive scheduled visits. Prospective buyers can indulge in the timeless luxury of the interiors, seamlessly blending with the natural surroundings that serve as their front yard. Buyers during the pre-sales period can take advantage of exclusive promotions.

For more information about Banyan Tree Residences Creston Hill, please visit the website www.banyantreeresidencescrestonhill.com/ or Tel. +66 (0)2-096-6454

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About Banyan Group
Banyan Group is one of the world’s leading independent, multi-branded hospitality groups centred on the purpose-driven mission of stewardship and wellbeing while offering exceptional, design-led experiences. 

The Group’s diversified portfolio of hotels, resorts, spas, galleries, golf and residences features an ecosystem of 10 global brands, including the award winning BanyanTree, Angsana, Cassia, Dhawa and Laguna, and the highly anticipated new brands of Homm, Garrya, Folio, and two new Banyan Tree brand extensions - Escape and Veya. 

Established in 2008, with the goal of advancing people development and management excellence, BanyanTree Management Academy has nurtured over 10,000 associates across 23 countries. The Group is recognised for its commitment to environmental protection and community development through its BanyanTree Global Foundation. Operating over 70 hotels in 17 countries, it has over 50 new properties in the pipeline.