Question 1

What is Siamese Bangtao?

Accepted Answer

Siamese Bangtao is a low-rise lakefront condominium in the Layan-Bangtao area of Phuket, developed by Siamese Stone — a joint venture of four leading Thai developers: Siamese Asset PLC, Ritta, Cornerstone, and Dynasty Development. The project features 69 units across three 7-storey buildings with 5 infinity pools.

Question 2

How much does Siamese Bangtao cost?

Accepted Answer

Prices start from ฿4,400,000 for a leasehold studio (30 sqm) and from ฿4,700,000 for freehold. 1-bedroom units start from ฿5,700,000, 2-bedrooms from ฿8,400,000, and duplexes from ฿11,500,000. Freehold conversion costs an additional ฿300,000.

Question 3

Can foreigners buy freehold at Siamese Bangtao?

Accepted Answer

Yes. Siamese Bangtao offers both leasehold and freehold ownership options. Foreigners can purchase freehold condominiums (within the 49% foreign quota). Freehold conversion from leasehold costs ฿300,000 per unit.

Question 4

What rental yield does Siamese Bangtao offer?

Accepted Answer

The projected rental yield is 10-16% net over 10 years, based on a 70/30 profit-sharing model (70% to owner, 30% to management). Year 1 projections show approximately 10.1% net yield. These are projections, not guaranteed returns.

Question 5

Who is the developer of Siamese Bangtao?

Accepted Answer

Siamese Stone Developments, a joint venture bringing together four established Thai companies: Siamese Asset PLC (SET-listed, 20+ condo projects in Bangkok), Ritta (builder of Carlton Hotel Bangkok, W-Hotel Bangkok), Cornerstone (Hilton Garden Inn Phuket, Kimpton Samui), and Dynasty Development (ISOLA Phuket).

Question 6

What facilities does Siamese Bangtao have?

Accepted Answer

The project features 5 lakefront infinity pools, a full wellness center (onsen, sauna, steam room, ice bath), gym, golf simulator, paddle tennis court, co-working space, podcast studio, meeting room, outdoor cinema, rooftop BBQ, restaurant, cafe, and pet-friendly park.

Question 7

What are the payment terms for Siamese Bangtao?

Accepted Answer

The payment schedule is: ฿100,000 reservation fee, then 30% upon signing the Sale & Purchase Agreement (within 14 days), 15% at EIA approval and deep foundation completion, 15% at structure completion, and 40% at property transfer.

Question 8

Where is Siamese Bangtao located in Phuket?

Accepted Answer

Siamese Bangtao is located in the Layan-Bangtao area, Soi Khok Tonode 3, Cherng Talay, Thalang, Phuket. It is 5 minutes from Bang Tao Beach and Layan Beach, 5 minutes from Boat Avenue, and 20 minutes from Phuket International Airport.

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