Skypark Lucean Jomtien: Banyan Group's First Pattaya Condo, THB 4.3M
When a hospitality group with 91 properties across 18 countries chooses the site for its first ever residential project in Pattaya, the address is not coincidental. Banyan Group planted its flag in Jomtien, and that choice tells you more about the market than any analyst deck.
Three towers, 899 units, sea from every window
Skypark Lucean Jomtien Pattaya covers 10 rai on Jomtien beach. Three towers, one design principle: the Single Corridor layout ensures no unit faces a courtyard or a neighboring wall. All 899 apartments, from studios to the penthouse, look out over the Gulf of Thailand.
Project specs:
Building A: 60 floors
Building B: 31 floors (rental management by Banyan Living)
Building C: 60 floors
Total project value: THB 7,500 million
Starting price: THB 4.3 million
Sky Penthouse, 54th floor Building A: 379 sq m at THB 110 million
Completion: December 2028
Amenities run five-star hotel grade: sky pool, gym and sauna, co-working space, sky lounge, kids club, landscaped garden with panoramic sea views.
Phase 1 sales: 42% gone, foreign quota down to 13%
Phase 1 sales (Buildings A and B) crossed 42% shortly after construction began. The remaining foreign freehold quota in the building stands at 13%, meaning the window for outright foreign ownership is narrowing with each passing month.
Ownership mechanics: foreign nationals can hold a condo unit in full ownership (freehold) within the building's 49% foreign quota. Beyond that, leasehold for 30 years with renewal options is available. Buying property in Thailand does not confer visa rights, residency, or citizenship.
Unit owners receive The Sanctuary Club membership: up to 30% discounts at Banyan hotels and resorts worldwide, plus on-site five-star services including housekeeping, private catering, and wellness programs. Building B comes with professional rental management through Banyan Living.
Phase 2, adding retail and lifestyle space, is planned for next year.
Jomtien as an investment thesis
Jomtien has long sat in the shadow of central Pattaya, and that gap is now the opportunity. It's quieter, greener, with an open bay view, and price per square metre still trails Wongamat and Pratamnak.
Pattaya is repositioning from short-stay resort to long-term living destination. The Long Stay crowd, remote workers, EEC-zone investors, people who want years near the beach rather than a week: they all want branded, professionally managed real estate. Rental yields across Pattaya run 6-10% by market estimates, and Skypark Lucean's guaranteed 6% for three years sits at the floor of that range, but it's a contractual figure independent of occupancy rates.
More on investing in Pattaya property and what to look for when comparing projects.
What this means for buyers
For anyone tracking new developments in Pattaya, Skypark Lucean resets the benchmark for Jomtien. When a major international brand enters a district, neighboring projects historically see price uplift and foreign buyer interest in the area sharpens.
Full floor plans, current pricing, and contact details are on the Skypark Lucean project page at Thai Residence.