Sri Panwa Lagoon is developed by Charn Issara Development, the group behind the well-known Sri Panwa resort on Cape Panwa. The new project is in Cherngtalay, the residential heart of Bang Tao, and is planned as a mixed-use district of about 60 rai: villas, houses, a lake club, retail space and a future hotel. The residential part has 28 homes, with completion expected in Q4 2027.
Water is what defines the site: plots face a lake and a creek, so living rooms and bedrooms look over the lagoon rather than a neighbour's wall. Each villa is designed for its particular plot. Architecture is by Habita Architects and interiors by Studio Chemistri, in an urban tropical style with minimalist interiors. The project suits buyers who value the Sri Panwa hospitality brand and a lake view that is rare on the island.
There are two kinds of homes: 16 private pool villas and 12 Multi-Flex houses. FazWaz gives sizes from 268 to 1,001 m², and all homes are furnished with lake views.
Four designs, Moonlit Whisper, Copper Glow, Golden Aura and Diamond Radiance, with three to six bedrooms and a private pool each. A four bedroom villa of about 388 m² starts at 69.8M ฿, and a five bedroom of about 639 m² at 126M ฿.
Three-storey homes with three or four bedrooms, a rooftop garden and their own pool. The layout is flexible, comfortable for both living and working. The entry point to the project, a three bedroom home of about 268 m², starts at 45.5M ฿.
Cherngtalay has long been the residential centre of the west coast. HeadStart and British International School, Porto de Phuket and Boat Avenue shopping centres and the Laguna resort are nearby. Bangkok Hospital Phuket and Bang Tao beach are a short drive away, making it one of the most practical parts of the island for families.
Foreign buyers take the land on a 30-year lease with two renewals, while Thai nationals and companies can buy freehold. The off-plan schedule is 30% 30 days after contract, then five payments of 10% at construction stages and 20% on handover, after the reservation deposit.
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🌴 Beaches
Bang Tao Beach ≈ 3.5 km
Surin Beach ≈ 3.6 km
Kamala Beach ≈ 5.2 km
🛍 Shopping and leisure
Porto de Phuket ≈ 1.1 km
Blue Tree Phuket ≈ 1.4 km
Boat Avenue ≈ 1.8 km
⛳ Golf
Laguna Golf Phuket ≈ 3.1 km
Red Mountain Golf Club ≈ 7.4 km
🎓 Schools
British International School Phuket ≈ 7.4 km
UWC Thailand ≈ 8.8 km
🏥 Hospitals
Thalang Hospital ≈ 5.5 km
Bangkok Hospital Phuket ≈ 11 km
✈ Airport
Phuket International Airport ≈ 14 km
Distances are straight-line, by map.
🏗 Key facts
Developer: Charn Issara Development. The residential part of a mixed-use district of about 60 rai has 16 pool villas and 12 three-storey Multi-Flex houses, 28 homes with 3 to 6 bedrooms. Completion is expected in Q4 2027.
🌿 Facilities
A Lake Club sits at the centre of the district with a communal pool, gym and garden, and security with CCTV runs around the clock. Owners get privileges at Sri Panwa resort and Baba Beach Club, and pets are allowed.
💳 Payment and ownership
A foreign buyer holds the land on a 30-year lease with two renewals. Payments are spread across construction: 30% after contract, five instalments of 10% at build stages and 20% when you receive the keys.
🏢 About the developer
Charn Issara Development has been building in Thailand since 1989, from houses, townhomes, condominiums and villas to office buildings. The group owns the Sri Panwa resort in south-east Phuket, and Lagoon is its new residential project on the island.