Three-bedroom penthouse 5504

The only three-bedroom home in the project: 5504, the centre penthouse of the Peony crescent, 149 square metres inside on the fifth floor, three bedrooms and three bathrooms, with 145 square metres of terraces and a 22-square-metre pool on its own roof, 316 in all. The kitchen adds a food waste disposer to the pantry fittings.

On the term sheet of 16 September 2026 it was available at THB 120.22 million, about THB 380,000 per square metre of total area. The developer's brochure shows the Peony penthouses in its hotel-managed Investment Collection; the pack holds no Peony lease, fee schedule or rental agreement, so we confirm all three in writing before a reservation fee of THB 1 million is paid.

The developer has published no render of this home itself; the pictures are of the Peony two-bedroom penthouse, the same building and finish. The Sanctuary Club and a Laguna Phuket Golf Club membership are on the Peony term sheet.

A registered lease rather than ownership of the land. The term and the exact renewal wording decide what you actually hold.

The price is ฿120.22M, ฿380,443 per sqm, on Banyan Group's price list, September 2026, furniture included. Two ways to pay, on the term sheet: 20 per cent at contract and 20 per cent at each of four construction stages; or 20 per cent at contract, 10 per cent at three stages and half after completion over one, three or five years, quarterly, with interest on the balance at the developer's rates, which we send with the sheet. A reservation fee holds the home: THB 100,000 below THB 30 million, THB 300,000 below THB 50 million, THB 500,000 below THB 100 million and THB 1 million above; it is lost if the lease is not signed.

Running costs, from the developer's sample agreements: a common fee of THB 60 per square metre a month in Phase 1 and THB 100 in Wisteria, a sinking fund of THB 100 per square metre a year, and a security deposit of one year's common fee. The buyer pays the lease registration fee and stamp duty, 1.1 per cent of the price in the developer's FAQ of April 2024. A resale needs the developer's consent and an assignment fee of THB 100,000 or a CPI-adjusted amount, whichever is higher.

The lease is registered at the Land Office within 90 days after the building is complete and the last instalment is paid, so on the half-after-completion plan it is registered up to five years after completion. Renewal is written into the lease: 30-year periods, no further rent, each registered when it falls due. Have the lease and the rental agreement read by independent Thai counsel.

Residences at Garrya Phuket is 68 furnished homes in a resort Banyan Group is building at the Surin end of Laguna Phuket: a beach club on Bang Tao Beach, the Garrya Phuket hotel with its all-day dining, a wellness complex, and six residential buildings around a lagoon pool. Phase 1 is four low-rise buildings of two-bedroom homes and penthouses; Wisteria holds 23 one-bedrooms cleared for full-time living; the Peony crescent carries the hotel and seven penthouses.

Every home is leasehold. On Banyan Group's three term sheets of 16 September 2026, 32 of the 68 were available, from THB 16.36 million to THB 120.22 million, furniture included. No completion date appears in any document in the developer's pack, and none is published here.