Luxury residence transactions top THB 125 million in 2021 with buyers seeking second homes and new permanent residences as lifestyle preferences shift for city dwellers Banyan Residences’ customised luxury Banyan Hua Hin, the healthy active lifestyle community near Thailand’s gulf coast, has seen a sharp rise in sales of its luxury residences in 2021, as urban domestic buyers seek second homes or new permanent bases driven by fast improving international education, medical proficiencies and infrastructure to add to the existing high-quality lifestyle on offer at the coastal destination. Tjeert Kwant, Group CEO of Banyan Thailand, has revealed that transaction values at Banyan Hua Hin have exceeded THB 125 million so far in 2021, which is more than 2020 and the second half of 2019 combined. This may seem surprising, considering the unprecedented challenges of recent months, but according to Mr. Kwant, the momentum is being driven by urban buyers who want to reset their lifestyles. “Over
