Layan leads Bang Tao’s new-build property demand as available luxury stock falls
Layan Green Park’s second phase recorded 24 transactions in the first quarter, while luxury condominium stock in Bang Tao fell 10.4%, according to a market report.
Layan is emerging as the strongest-performing area of Bang Tao’s new-build property market, with luxury stock declining and sales concentrating on the western side of the bay, according to VillaCarte Group’s Q1 2026 Bang Tao market report.
Bang Tao’s condominium market comprises 57 projects from 30 developers, offering 9,478 units, of which 5,221 remained for sale, the report said. The premium segment, covering 26 projects, increased its inventory by 13.4% during the quarter while average prices remained almost unchanged at B195,000 per square metre, down 0.6%.
Available stock in the luxury segment fell 10.4%, while average unit prices rose 1.6% — the only segment to record price growth during the quarter, according to the report.
Sales were particularly strong in Layan. The second phase of Layan Green Park recorded 24 transactions in the first quarter, four times the premium-segment average and the highest performance among Bang Tao’s premium developments. Layan Verde also exceeded the segment average, the report said.
The report linked the property demand to Phuket’s tourism performance. Hotel occupancy across the province averaged 83.4% in the first quarter, with quarterly tourism revenue reaching B146 billion. Phuket airport handled 393 flights and 71,613 passengers on a single day in February, according to the source material.
Layan is also developing a wider hospitality and residential offering. La Green hotel has opened, while La Green Grand is under construction with completion scheduled for 2027. A Dusit-branded hotel and a luxury boutique property are expected to follow in 2029.
VillaCarte Group’s Layan Verde project is planned to include 774 residences and is scheduled for completion in 2028. The project is about 700 metres from the beach, with apartments starting at US$224,776, according to the report. Layan Green Park, described as an EDGE-certified eco condominium hotel, is selling its second phase from US$227,894.
The projects are marketed as allowing private ownership alongside hotel management. Owners may use their units as serviced residences or place them in a rental programme, with targeted net yields of about 8–10%, the report said. It also advised buyers to examine the operator, previous payout records and the costs included in any stated net return.
The article was published as sponsored content by Layan Real Estate, described as the authorised partner for VillaCarte Group’s Layan projects.
