Banyan Tree penthouse units sold out

Banyan Tree Manila Bay achieves an unprecedented milestone as it sold out all of its penthouse units, underscoring the Philippines’ demand for high-value properties.

The units, most exceeding 1,000 square meters and priced at over P1 billion, were sold in less than six months following the project’s initial launch.

“The overwhelming response to Banyan Tree Manila Bay’s initial release is a testament to the strength of the luxury real estate market in the Philippines. The exceptional demand for our penthouses and prime units highlights the discerning tastes of buyers who value exclusivity, craftsmanship, and long-term capital appreciation,” Martin Taylor, chief operating officer of Banyan Tree Manila Bay.

In addition to the penthouse sales, Banyan Tree Manila Bay has sold 30 percent of its units from the initial release, all within six months of launch. This includes several of the 39 exceptional prime units, each part of a meticulously curated collection of exclusive residences.

As the exclusive marketing and sales partner for Banyan Tree Manila Bay, New York-based Nest Seekers International brought its unparalleled expertise and innovative strategies to ensure the project’s success. The company brought global perspective to the development, leveraging its extensive network and innovative strategies to connect with high-net-worth buyers.

“These clients demand not just properties with investment potential but unparalleled lifestyle experiences and Banyan Tree Manila Bay delivers on all fronts. We are proud to have contributed to a development that sets a new benchmark for ultra-luxury real estate not just in the Philippines but the world at large,” Andy Regalado, chief marketing officer and regional director for Asia at Nest Seekers International, said.

Construction progress

Development of Banyan Tree Manila Bay is progressing as planned, with 28 percent of phase 1 construction already completed. The remaining works will focus on structural completion and interior fit-out, with residential turnover scheduled for Q4 of 2027 and the hotel’s grand opening set for 2028.

Investor confidence remains strong, with most pre-opening reservations converting directly to deposits. Early buyers have benefited from exclusive incentives, including preferential terms for all-cash payments, which enhance the value of their investments. Membership in the Sanctuary Club is an added benefit for early adopters, offering access to Banyan Group’s global network of properties and services.

Opportunities for aspiring owners

Banyan Manila Tree Bay offers an exquisite portfolio of residences, including meticulously designed two- and three-bedroom units. Complementing these are the exceptional prime residences, distinguished by their unparalleled features and breathtaking views of Manila Bay.

Prices are expected to increase as construction progresses and the property appreciates further, making early investment advantageous.