Banyan Tree expands into Australia with luxury $150 million Brisbane residential project

Banyan Tree Group are set to develop a $150 million luxury private residence development in Kangaroo Point, Brisbane.

Banyan Tree Residences Brisbane will comprise of 76 freehold private residences over 10 levels, four penthouses (three with rooftop infinity pool and private garden terrace), 27 three-bedroom apartments and 45 two-bedroom apartments.

Banyan Tree Group executive chairman Ho Kwon Ping said construction is slated to commence in the second half of 2016, with completion expected in late 2018. 

"We are excited to launch our first Banyan Tree branded residences in Brisbane," he said.

"The city was a natural choice given its 2.2 million residents and $135-billion-dollar economy. As the leader in the country’s infrastructure boom, there are strong growth projections for Brisbane as it continues to transform and evolve."

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