Construction activity at the prestigious 185 Rajadamri is now in full swing, as leading luxury developer Raimon Land announces its latest sales figures. Situated right across the Royal Bangkok Sports Club (RBSC) along Rajadamri Road, the last free-hold landmark is now emerging in one of the city's most exclusive neighborhoods.
With the basement's columns, retaining walls, lift shafts and stair halls fully installed, the building is now poised to rise at a steadfast pace. Currently, floor slabs are being posed on the 5th floor, while concrete works climb to the eighth level. Scheduled for completion in late 2013, 185 Rajadamri's state-of-the-art design promises legendary living for the city's elite who will enjoy the spectacular views offered by the RBSC, Lumpini Park and Bangkok's skyline.
Raimon Land Chief Executive Officer Hubert Viriot said: “We can now see the rapid ascent of 185 Rajadamri, a sought-after address in a historical area. We have sparked the interest of new buyers, among them well-known families from Bangkok's high society, who look forward to being part of this privileged neighborhood through freehold ownership. Our sales figures are also on the rise, with 156 units now sold, representing 60.2% of the project, for a total of 4.7 Billion Baht.”
Bouygues-Thai Managing Director Jean-Marie Verbrugghe, said: "Our collaboration with Raimon Land for this exceptional project is off to an excellent start. The company's proven track record of delivering exactly what is promised ensures that this residential building in a significant site will become a landmark of the future."
Raimon Land has secured for the project 2.79 Billion Baht in credit facility from Bank of Ayudhya (BAY), one of Thailand's leading financial institutions. 185 Rajadamri occupies a land area of 4 rai and will feature a mix of unit choices, from 1 to 4 bedroom luxury units to duplexes and penthouses.
Potential homeowners and investors are invited to visit the 185 Rajadamri show suites and sales office, now open seven days a week, to get a true feel of superlative living.
Photo Caption: Construction is rapidly progressing at 185 Rajadamri, Raimon Land's high-end freehold project that is emerging in a neighbourhood that boasts it all - prestige, character, modernity, convenience and soul. 185 Rajadamri will offer a commanding view over the Royal Bangkok Sports Club, Lumpini Park and Bangkok's magnificent skyline. With 156 units pre-sold, representing 4.7 Billion Baht, the luxury residence is poised to become an iconic address for the city's elite in search of historical legacy. The sales office and show suites are now open seven days a week.
About 185 Rajadamri
185 Rajadamri offers 259 units of various types, ranging from single-bedroom apartments to four-bedroom duplex residences, all of which are designed with flexibility and adaptability in mind. The 35-storey tower features a largely transparent exterior thanks to the use of floor-to-ceiling, double-glazed windows, giving residents an open view over the Royal Bangkok Sports Club, Lumpini Park and Bangkok’s cityscape.
ABOUT RAIMON LAND:
Listed on the Stock Exchange of Thailand (SET), Raimon Land Public Company Limited (RAIMON) specializes in the development of residential real estate projects in diverse market segments, from the ‘top-end’ and ‘high-end’ segments to a younger customer base with its Unixx brand. Since 2003, the company has completed eight properties in Bangkok, Pattaya and Phuket. Four projects are currently under development – The River and 185 Rajadamri in Bangkok; Zire Wongamat and Unixx South Pattaya in Pattaya - representing a combined sales value of Baht 31 billion (USD 1 billion). Over the years, Raimon Land has received numerous awards for its ability to deliver high quality residential properties on time and within budget.
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