Phuket, Bangtao, Thailand

The Standard Residences, Phuket Bang Tao | International branded residences in the mixed-use compound of The Standard, a lifestyle hotel brand, in the world-class destination of Phuket 
The project spans 19 rai, with the branded residences covering 12 rai, while the five-star hotel, along with a new concept from The Standard, occupies the remaining seven rai. The ultra-low-density residential development comprises a total of six buildings, each with seven floors, totaling 188 units. A diverse range of room sizes offers options such as one-bedroom units spanning 75 sq. m., two-bedroom units varying from 100 to 120 sq. m., three-bedroom units ranging between 167 and 172 sq. m., and duplexes available in sizes from 301 to 313 sq. m. 

The Standard Residences, Phuket Bang Tao offers comprehensive amenities including a co-working space, a games zone, a well-equipped fitness center, a 25-meter swimming pool, and a dedicated children's pool. Additionally, residents can indulge in spa services, 24-hour concierge staff, pick-up services and a shuttle bus to the beach and other attraction hot spots in the neighborhood. The Standard Residences Phuket Bang Tao is situated in the heart of Bang Tao, where the most happening venues are just a few minutes away on foot. Moreover, the property is just 25 minutes from Phuket International Airport, 5 minutes away from the beach, and 30 minutes from Phuket Old Town.

The Standard International also highlighted the "Friends with Benefits" privilege, including a 10-15% discount on dining for restaurants at The Standard and The Peri Hotel across Thailand as well as up to 25% on accommodation at The Standard group of hotels worldwide. Presently, The Standard group operates 20 hotels across Asia, Europe, and the United States of America. In addition, buyers will have the ability to participate in The Standard’s curation of events at preferential prices.

The Standard Residences, Phuket Bang Tao is regarded as one that meets both residential and investment purposes. It offers a multitude of highlights, including its location, product, design and facilities. Enjoy five-star hotel services that meet your needs, as well as rental management for investors. Let's get the style and service of a boutique hotel at home.

• Located in the vibrant Bang Tao area of Phuket, with convenient access to shopping centers and famous restaurants.
• High investment potential with an estimated 5%-6%** yield per year.
• Branded residence with 24-hour concierge service, 5-star amenities and world-class service from The Standard International brand.
• Complete mixed-use compound with luxurious restaurants, modern shopping centers and a 5-star hotel within the project.

• Designed with unique and playful aesthetics that reflect The Standard brand's fun and quirky personality.

   

  **Terms and conditions for expected yield of 5%-6% per year

• The rental rate is based on the average market rate in luxury residential properties in Phuket and is subject to the management fee, property care expense and common area maintenance fees, which can affect the final return. This is not a guarantee from the developer.
• Yield is a measure of the return on an investment over a specific period. It is not a guaranteed by the developer. The yield rates above are calculated based on factors such as rental rates that clients can afford, remaining rental period, management of the lessor, economic conditions, etc.
  **Terms and conditions for an occupancy rate of luxury hotels in Phuket up to 82%

• The occupancy rate of luxury hotels in Phuket above is the highest rate in 2023, as surveyed by the Ministry of Tourism and Sports.

   

CBRE provides information about The Standard Residences, Phuket Bang Tao ("Branded Residences") condominium project based on details provided by its developer, Boavista Lifestyle Residences Ltd. ("Developer"). 
The Standard Residences, Phuket Bang Tao  condominium project is being developed by Boavista Lifestyle Residences Ltd. . Fully paid registered capital: 1,000,000 baht (One Million Baht). Head Office: 22 Soi Somkid, Ploenchit Road, Lumpini, Pathumwan, Bangkok.  Authorized Directors: Mr. Pandit Mongkolkul and Mr. Soravit Chairoj. 
The Branded Residences are anticipated to be constructed to include six residential buildings (7 stories, respectively, not including the rooftops), comprising approximately 188 residential units (each, a “Unit”). Common properties are anticipated to include a swimming pool, fitness center, gardens, and multi-purpose room, with an approximate aggregate area of 4,418 sqm. 
The Branded Residences will be located on Pasak-Koktanod Road, Cherngtalay, Thalang, Phuket, on land under Title Deed number 73160 of approximately 12.5 rai (20,000 sqm). The Branded Residences has received the Environmental Impact Assessment approval and has obtained a construction permit no. 236/ 2567, dated 26 September 2024. The Construction has been commenced and anticipated completion to occur within October 2026. The Branded Residences are expected to be registered as a condominium upon completion. The owner of each Unit will be responsible for payments of sinking fund, common area fees, government fees and taxes in accordance with the the Thai Condominium Act and the definitive sales documentation. 
This information does not constitute an offer to sell.   Any and all liabilities with respect to the sales of the Branded Residences shall be subject to the execution of definitive sales agreements signed between a purchaser and Developer. The Branded Residences are not developed, sponsored, owned, offered or sold by Standard Asia Co., Ltd. or its affiliates (collectively, “Standard”).  Developer, being the current owner and developer of the Branded Residences, is solely responsible for the development, marketing and sale of the Branded Residences.  None of Standard, Central Group or any of their respective affiliates, nor CBRE is a partner, codeveloper,  coseller,  coissuer , co venturer, sponsor, promoter, or endorser of the Branded Residences or any Unit, and make no representation, warranty or guarantee of any kind regarding the Branded Residences. Standard is not responsible for any of Developer’s marketing or advertising activities or materials, content of any website in relation to the Units or Branded Residences, or any sales representations. Any prospective or actual Unit purchaser shall look solely to Developer with respect to all matters relating to the ownership, marketing, advertising, development or sales of the Branded Residences or Units. 
Standard Asia Co., Ltd. (“Licensor”) is the provider of the "The Standard" brand to the Branded Residences, and the usage of the "The Standard" name and mark is strictly governed by certain agreements between Developer and Licensor. "The Standard" name, design, logomarks, trademarks and related marks (collectively, "Trademarks”) are the exclusive properties of Standard and are not owned or controlled by Developer. The purchasers or owners of the Units shall acquire no interest of any kind or nature in any of the Trademarks and shall not refer to Standard nor use any Trademarks in connection with the resale of any Unit or for any other purpose. CBRE is not a party to, and makes no representations or warranties regarding, the agreements between Licensor and Developer. The agreements between Licensor as licensor of “The Standard” mark and Developer are not in perpetuity and may end at any time without notice to or consent of purchasers or owners of the Units, in which event the “The Standard” name and mark will be disassociated from all parts of the Branded Residences and "The Standard" brand may be changed by Developer to another brand without notice to or consent of any Unit owners and such owners shall have no rights to claim against such change.