A completed Banyan Group condo-hotel in Laguna: 193 units across two buildings next to the working Cassia hotel
Cassia Residences Phuket — apart-hotel, Bang Tao · Laguna: entry from ~$172,300. Beach: Bang Tao, ~650 m. Both freehold and leasehold available. A managed rental program runs here — the yield is calculated per unit. Completed in 2019.
Cassia Residences is a completed Banyan Group condo-hotel in the heart of Laguna Phuket, a short walk from the working Cassia hotel of the same name. The complex is two eight-storey buildings totalling 193 units, completed in 2019 — this is not off-plan, it is a finished product with a real operating and occupancy track record that can be viewed before purchase.
The location is about 650 metres from Bang Tao beach (~8 minutes on foot) — not beachfront, but a full walk away with all of Laguna’s infrastructure nearby: golf course, restaurants, a shuttle and the resort’s beach clubs, with HKT airport about 30 minutes by car. Some units at Cassia are structured as “hotel apartments” — a format tied to the hotel’s management programme with limits on personal stays in exchange for participation in the rental pool. That is not unusual for branded residences attached to a hotel, but a buyer needs to know upfront exactly what they are buying: a fully private condominium or a unit with hotel-style restrictions.
The economics here are straightforward: this is the most affordable “branded” entry into Banyan Group’s island portfolio. Resale listings trade from ~$172,300, with price per sqm across units running roughly 163,000–209,000 THB — noticeably below neighbouring Angsana or Twinpalms. The spread between listings comes down to floor, view and who is selling — a typical picture for a resale market inside one complex, where units are not identical even within the same phase.
The developer’s stated yield target is around 8% per year. That figure comes from marketing materials, not a guarantee: actual yield depends on hotel and area occupancy, the age and condition of the specific unit, and the management company’s terms. For a 2019-built property, it is reasonable to budget for a refurbishment — after several years of operation this is a fairly common cost for owners. The developer does not publicly disclose CAM fee or sinking fund figures — we confirm these with the seller for the specific listing before the deal.
Who Cassia fits: a buyer who wants a completed, verifiable asset in Laguna at a smaller entry budget than Angsana or Twinpalms, and who can live without direct beach access. Anyone for whom beachfront status or a fully unrestricted freehold-style ownership regime is critical should compare directly against the area’s other projects first.
Our job as an agency is to source a specific listing with a clear rental history and a fair price per sqm, clarify the unit’s legal status (“hotel apartment” or a regular condo), review the contract and management-programme terms, and support the deal from reservation to registration. The seller or developer pays the commission depending on the listing — the buyer’s price does not change.
Prices and availability change; data is accurate as of the page update date. Request a fresh price list — we send it the same day. Updated: July 2026.
Our catalog currently tracks 132 projects in Bang Tao · Laguna; new-build entry level here: from ~$87,852. Cassia Residences Phuket’s entry price is about 75% below the district median — one of the most affordable starts in the area.
The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.
Neighbours are picked by the same property type and the closest entry price in the same area — the projects our buyers actually shortlist against each other. Figures recalculate with every catalogue update.
| Cassia Residences PhuketThis project | Sunshine Beach | Wyndham La Vita | |
|---|---|---|---|
| Price from | from ~$172,300 | from ~$158,147 | from ~$153,743 |
| $/sqm | — | $5,453 | $5,301 |
| Beach | Bang Tao, ~650 m | Layan, ~50 m | Rawai, ~450–550 m |
| Completion | completed in 2019 | Phase 1 delivered Jan 2025 | Phase 1 delivered — late 2022 |
| Ownership | freehold / leasehold | freehold / leasehold | foreign freehold (49% building quota) or leasehold — per unit |
| Rental program | yes | yes | yes |
| Guest rating | 8.3 / 10 · Booking.com | — | — |
The development is complete and hosts guests, so it carries a public score on booking platforms. For a rental buyer that is a direct signal: this is how the management company performs in practice and how the market sees the property.
Ratings verified on August 5, 2026. Scores were collected by booking platforms from their own guests and are quoted as a number with a link to the source. They speak to the management company and service level, not to the legal side of a purchase.
The developer information in this listing states: freehold / leasehold. This is the project-level starting point, not a legal opinion on a particular unit. The contract, title, foreign quota and seller authority must be verified before reservation.
A foreign-quota condominium is registered in the buyer’s name. Purchase funds must enter Thailand with the correct purpose so the receiving bank can issue the foreign-exchange evidence used at the Land Office.
Leasehold is registered as a long-term lease. The review covers the term, renewals, assignment, inheritance, early termination and the landowner’s obligation to register the transaction.
Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.
This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.
Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.
A finished VIP Thailand condotel 1.5 km from Bang Tao beach
Hotel-investment residences under managed rental in Cherng Talay — a low entry ticket for the Bang Tao area
A condo-hotel 300 m from Bang Tao beach with a 7%-for-5-years guaranteed income
The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.
Availability changes weekly and isn’t published here. We’ll send the list of free units, an honest read on the negotiating room, and a net-yield calculation for your unit with every cost included.
From ~$172,300 on the resale market; price per sqm across listings runs roughly 163,000–209,000 THB. Availability and pricing spread depend heavily on the individual seller — we compare listings.
Banyan Group (Laguna Property) — the developer of all of Laguna Phuket since the 1980s, owner of the Banyan Tree and Angsana brands and of the Cassia hotel next door.
The residences were completed in 2019 — this is a finished complex, and purchase happens on the resale market.
Both are available depending on the unit — we confirm the specific status before the deal.
Some units are structured as hotel-managed rooms with limits on personal stay length in exchange for participation in the hotel’s rental pool — this is not a plain condominium, and it matters when buying.
It is the most affordable completed Banyan Group brand in the area — cheaper than Angsana or Twinpalms, but without direct beach access. A good entry point into the brand on a smaller budget.
No guaranteed rate is claimed: a managed rental program runs here and income follows occupancy. We calculate it for the specific unit.
Funds arrive from abroad in foreign currency and the Thai bank issues an FET form. Without it the Land Department will not register freehold to a foreigner, so we agree the amount and payment reference in advance.
Take the PDF: developer prices, one-off fees, owner costs and net yield — on the current price list. Or message us on WhatsApp, we reply within 15 minutes.