Skypark Elara and Laguna Lakelands Waterside Residences are Banyan Group’s two condominiums on the lakes at Laguna Lakelands, inland of Laguna Phuket, sold by the same company on the same contracts, fees and payment plans. The choice is the building, not the paperwork: Elara is two blocks on the lake with mostly one-bedroom homes left, Waterside six blocks behind the lake-shore villas with more family sizes and some private pools. Between them, 140 homes are open on Banyan’s term sheets today, 66 of them freehold.
Skypark Elara Lakelands Phuket61 homes listedfrom ฿9.3M26 freeholdSee every home →
Laguna Lakelands Waterside Residences79 homes listedfrom ฿8M40 freeholdSee every home →Every listed home on one price line
| Item | Skypark Elara Lakelands Phuket | Laguna Lakelands Waterside Residences |
|---|---|---|
| Homes listed here | 61 | 79 |
| Price range | ฿9.3M to ฿41.61M | ฿8M to ฿37.91M |
| Freehold homes | 26 | 40 |
| Bedrooms | 1 to 3 | 1 to 3 |
| Interior sizes | 54 to 186 sqm | 48 to 260 sqm |
| Newest term sheet | 8 October 2026 | 8 October 2026 |
Two buildings, one set of papers
The seller of both is Bangtao Grande Limited, a Banyan Group company, and the templates match clause for clause. What differs is the size of the place and what is left to buy.
- 150
- homes at Skypark Elara2 blocks of 7 floors
- 322
- homes at Waterside6 blocks of 4 and 7 floors
- ฿50
- common fee per sqm a monththe same at both
- ฿100
- sinking fund per sqm a yearthe same at both
What is left to buy
The open homes on the two sheets, by bedrooms. This is the real difference for most buyers: Elara is now largely a one-bedroom building, and Waterside still has two and three-bedroom homes in number.
| Open homes | One bedroom | Two bedrooms | Three bedrooms |
|---|---|---|---|
| Skypark Elara | 45 | 10 | 6 |
| Waterside | 20 | 31 | 28 |
Where each one sits
Both are on the lakes by the Laguna Park 2 entrance, a shuttle ride from the beach. Elara’s first block is on the water; Waterside sits a row back, behind the Lakelands Waterfront Villas, and no Waterside home is on the water’s edge.
Read where each block stands
On the developer’s site plan, Skypark Elara’s Block 1 is on the lake shore and Block 2 stands behind it by the private road. Laguna Lakelands Waterside Residences lies south-west of Elara: three four-floor blocks (Lily, Lotus and Jasmine) and three seven-floor blocks (Orchid, Fern and Tulip), with the Waterfront Villas between them and the lake. Neither building has a beach distance; both rely on the estate shuttle and the RAVA Beach Club for the sea.
The estate around them is Banyan’s inland masterplan: walking and cycling trails, a town centre and a community club, much of it drawn by the developer as an artist’s impression. We describe what is drawn as drawn.
Where the papers differ
Handover
Skypark Elara's sale contract transfers by 30 June 2029, adjustable for phasing. Waterside's transfers by 31 December 2029, extendable by up to a year.
Pools
Elara has a rooftop infinity pool and no private pools. Waterside has rooftop pools on every block and private pools on the larger four-floor homes.
Letting
At both, lets of six months or less go only through the developer's rental programme. At Elara the programme is signed at contract.
Lease warranty
Waterside's lease carries a one-year warranty, against five years on the structure for a freehold buyer. Ask for each lease's warranty in writing.
Which one suits whom
Skypark Elara
For a one-bedroom on the water and the earlier handover. 61 homes open from ฿9.3M, 26 of them freehold, with a rooftop infinity pool and a Sanctuary Club card for every owner.
Waterside
For two or three bedrooms, or a private pool. 79 homes open from ฿8M, 40 of them freehold, in a larger estate of six low-rise blocks.
The same on both
Freehold within the 49 per cent foreign quota, or a 30-year registered lease with three written renewal options. Homes come fitted, loose furniture extra. Pets are allowed if they cause no nuisance. Three-bedroom homes carry a five-year Laguna Phuket Golf Club membership, activation fees extra.
Read the shared terms in full
Both sell on two payment plans: 20 per cent at contract and the rest in four stages of construction, or half paid by construction and half after completion over one, three or five years, with interest. The developer’s rates come with its quotation; ask for them in writing, with whether they are flat or on the reducing balance. The reservation fee rises with the price, from THB 100,000 below THB 30 million.
A resale or an assignment before transfer needs the seller’s consent and a fee of THB 75,000, adjusted for inflation. The transfer fee is shared equally on the freehold route. A lessee has no vote in the building’s owners’ meeting. This is general information, not legal advice: have an independent Thai lawyer read the contract before money moves.
Every open home is listed on each project page with its size, floor and price: Skypark Elara and Laguna Lakelands Waterside Residences. For how buying at Laguna works end to end, read How to buy at Laguna Phuket.
