RML (Raimon Land Public Company Limited), a leading developer of luxury and ultra-luxury real estate, opened for a sneak peek of the iconic landmark in the heart of the city - the luxury ready-to-move-in 'Tait Sathorn 12' - for the first time. Through the concept of 'Live The Iconic Life', this new condominium project offered an ultimate living lifestyle right in the heart of Sathorn, highlighting the convenient living in every dimension with outstanding design that has won numerous awards for three consecutive years. Common area covers a wide space of more than 2,Raimon LandRaimon LandRaimon Land square meters. Sales of the project surpassed 97% and customers have transferred very quickly that RML is confident this year's transfer rate will surely exceed the target of 2.6 billion baht.
Mr.Korn Narongdej, Chief Executive Officer of RML, said "Super prime condominium segment where Tait Sathorn 12 is positioned in with an average selling price of 200,000 baht/sqm or more is a segment that continues to grow, even though land to develop super prime projects is now harder to find. Yet the demand in this segment is still high. According to information from research department of Knight Frank Chartered (Thailand), there was only 1% of newly opened supply of super prime condominium in the second quarter of this year, while the absorption rate was 87%. And there are now only 10% supply in CBD areas with great potential like Silom or Sathorn. It reflects how the super prime condominium is still in high demand because of its convenience and how it can answer to the needs of every lifestyle. This is the reason why RML has previously developed two projects in these locations including 'The Loft Silom' and 'The Diplomat Sathorn', which had very well received. The sales for the two projects were closed. And the resale prices are increasing every year. And now, 'Tait Sathorn 12' is our third project in this area that we develop to answer to customers' demand as they are looking for homes and condos to invest or rent out."
"We develop Tait Sathorn 12 with pride and intention to make it a project that is designed to meet all the needs of urban lifestyles. As a result, sales reached 90% even before the project was completed. We also received great response from foreign customers as we currently sold more than 40% of the units to them. The top 5 foreign customers purchasing Tait Sathorn 12 are Chinese, American, Singaporean, Taiwanese and Australian. 60% of them bought the units to live on their own while 40% bought for investment. Our transfer target this year is at 2.6 billion baht. However, the transfer rate was in a very fast pace since August that units with value around 1.8 billion baht has been transferred. This has surpassed more than half of the target we set at first. It is clearly a reflection of good response and trust that customers have for brands developed by RML," Mr.Korn added.
'Tait Sathorn 12' is a joint venture project between RML and Tokyo Tatemono with an investment ratio of 51:49. It is a luxury condominium valued at 4.4 billion baht with 40 floors and 231 units. Tait Sathorn 12 is developed under the concept of 'Live The Iconic Life' that allows residents to unlock superior living with an ultimate experience that is different from any other living experience you have ever had through three important elements:
'Tait Sathorn 12' has different types of rooms for various living lifestyles and a variety of people, including singles, couples, and small families. Many styles of which have already been sold out. Currently, there are only units with 1-2 bedrooms left, with space ranging from 68-118 square meters. There are also two new sample rooms to view in the building. One is 'The Iconic Suite' with 1 bedroom and a multi-purpose area of 68 square meters that can be adapted to different lifestyle of the residents. Price starts at only 17.9 million baht. Another one is 2-bedroom units with an area of 79-118 square meters. The remaining 2-bedroom units each have different layouts. That means, each buyer will have a room with uniquely only-one-in-the-world design. A true reflection of an iconic life. This is not to mention that each room is located on a high floor, offering either a panoramic or 360-degree view.
Come experience Sathorn's new landmark today. Make an appointment in advance to visit the project at 02 029 1888 or via Line Official @raimonland or visit www.raimonland.com
Raimon Land Public Company Limited (RML) has reaffirmed its commitment to resident safety following a recent earthquake in the area. Acting promptly and proactively, RML initiated immediate inspections across all of its residential and commercial developments to assess any potential impact and ensure the continued integrity of its properties. The company confirmed that all buildings remain structurally sound and unaffected. Initial evaluations conducted by RML's on-site engineering teams and
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