Singapore’s Banyan Group Enters U.S. Market with West Palm Beach Luxury Tower

Singapore-based Banyan Group partners with Mast Capital for Banyan Tree Residences West Palm Beach, an 88-unit wellness-focused tower designed by OMA.

By: AXL Media

Published: Mar 26, 2026, 11:51 AM EDT

Source: Bisnow

Project Architecture and Residential Details

The developers have tapped the world-renowned architecture firm OMA (Office for Metropolitan Architecture) to design the 88-unit tower. Located at 400 Hibiscus Street, the project aims to blend Banyan Group’s signature nature-focused aesthetic with the urban energy of West Palm Beach. Key features include:

Unit Mix: One- to four-bedroom configurations plus an exclusive collection of penthouses.

Pricing: Residences start at $1.9 million, with sales being led by Douglas Elliman.

Infrastructure: The development plans include a 5,700-square-foot clubhouse, 6,400 square feet of ground-floor retail, and over 1,700 parking spots.

Timeline: The project is expected to deliver in 2029.