CBRE Serves as Marketing Consultant for “The Standard Residences, Phuket Bang Tao”

CBRE continues to make strides in the luxury vacation home market. We are proud to serve as marketing consultant for the esteemed project “The Standard Residences, Phuket Bang Tao”

CBRE continues to make strides in the luxury vacation home market. We are proud to serve as the marketing consultant for the esteemed branded residences project “The Standard Residences, Phuket Bang Tao.” This remarkable venture, valued at over THB 4 billion, is a partnership between two leading companies: CG Capital, an investment management firm under the Central Group, specializing in investments in hotel groups and branded residences in Thailand, together with Standard International, a global leader in the boutique hotel and lifestyle sector. The strength of The Standard's brand lies in crafting a distinctive, unparalleled experience for guests, with the worldwide locations from New York, Miami, London, the Maldives, Hua Hin, Ibiza, and its Asia's flagship in Bangkok.

Phuket, known as the "Pearl of the Andaman," is a globally renowned tourist destination and voted as one of the top 10 best workcation cities in the world. Following the challenges posed by COVID-19, over 11 million tourists have flocked to Phuket. With the presence of 13 international schools and state-of-the-art hospitals, Phuket's real estate market is appealing both in terms of lifestyle requirements and new investments. Over the past five years, condominium growth in Phuket has increased by 113%, and CG Capital has identified the golden opportunity for investment in the development of a mixed-use project in Bang Tao, the lifestyle hub of Phuket.

The Standard Residences, Phuket Bang Tao spans across 19 Rai, with the branded residences covering 12 Rai, while The Peri Hotel Phuket Bang Tao along with a new F&B concept from The Standard sit on the remaining 7 Rai. The ultra-low density branded residences development comprises a total of 6 buildings, each with 7 floors, totaling 188 units. A diverse range of room sizes are available, featuring 1-bedroom units spanning 75 sqm, 2-bedroom units varying from 100-120 sqm, 3-bedroom units ranging between 167-172 sqm, and duplexes available in sizes from 301-313 sqm. 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. Projected to launch pre-sales in April 2024, the development is expected to be completed and ready for occupancy in the fourth quarter of 2026.

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.

• Branded residence with a world-class boutique lifestyle hotel
• Mixed-use project featuring 3 projects as “The Standard Residences, Phuket Bang Tao” and “The Peri Hotel Phuket Bang Tao,” a world-class boutique lifestyle hotel and latest F&B concept managed by Standard International
• On the west coast, near Phuket International Airport, and at the heart of the bustling Bang Tao area, one of the premium tourist hot-spots in Phuket
• Surrounded with shopping areas and renowned restaurants, including Porto de Phuket, Boat Avenue, Laguna Golf Club, and Blue Tree

Fully-furnished 1-bedroom, 75 sq. m. starting at THB 11.9 million*

For more information, please contact CBRE or call +66 61 549 1516.

*Terms and conditions apply. Subject to availability.