Diary Dates

Mar 10

Mar 13-16

Mar 22

Mar 31-Apr 6

Why Invest…Pattaya Points To Strong Long-Term Growth

 
Raimon Land's research department has just released the latest in its "Why Invest" series, a detailed examination into the residential real estate sector in the booming beach resort of Pattaya and its vicinity.

Why Invest...Pattaya points to key indicators driving the market. Tourist numbers climbed from 6.1 million in 2006 to around 6.8 million last year, and Pattaya is in the heart of Thailand’s fastest growing regional economy, which jumped 12% from 2005-2006. Pattaya’s condominium sector saw the average price per square metre soar 52% from THB59,000 in 2004 to THB89,842 in 2007.

Returns are impressive: rental yields have been averaging 6-10% returns per annum and particular buyers at Raimon Land’s Northshore project have enjoyed a capital increase of 30% per year.
 

To receive a copy of “Why Invest…Pattaya” please contact Raimon Land Research e-mail: research@raimonland.com

The River The River Sales Surge To THB5.6 billion

 
Sales in Raimon Land’s largest project to date, ‘The River’ luxury condominium on Bangkok’s Chao Phraya River opposite the Shangri-La Hotel, have surpassed THB5.6 billion, 45% of the THB12 billion target sales value for the property.

The River was pre-launched in March 2007, and within three days the initial units released were bought at a record-setting price for Bangkok of THB150,000 per square metre (psm). Since then a further 311 condominiums have been sold for a total value of THB5.6 billion, an average of THB130,000 psm.

According to Raimon Land CEO Nigel Cornick, the recent sales figures represent a very positive signal about the current strength of Thailand’s luxury property market. For more information, www.theriverbangkok.com

Northpoint Sales Top THB3 Billion

Raimon Land’s 374-unit Northpoint condominium project has surpassed the THB3 billion mark in sales, 75% of the THB4 billion target sales value for the twin-tower beachfront development on 12 rai of land in Wongamart, North Pattaya. Northpoint was launched in November 2006, with category leading firm Bouygues-Thai in charge of constructing the 50 and 60 storey towers. Thai Bauer completed the piling work in May 2007, with the structure starting to take shape shortly after, reaching several stories through February 2008.

For more information,  www.northpointpatta
ya.com

Raimon Land Joins Global Investment Discussion In New York

 
Raimon Land CEO Nigel Cornick joined four distinguished real estate investment experts in leading a 75-minute group discussion – Luxury Mixed-Use Hotels and Resorts: A High Return “Model” for Investors? – at the two-day USA Global GRI 2008. The event, held February 28-29 at the Grand Hyatt New York, was the first in a series of 11 Global Real Estate Institute gatherings organised in different world regions to address the industry’s most pressing issues.

 
The USA Global GRI 2008 programme included over 40 diverse and lively discussions in which a select group of frontline professionals and senior industry players actively participated.

For more information, www.globalrealestate.org

Bouygues Seals Raimon Land Partnership During Thai Visit

 
Leading global construction conglomerate, Bouygues Construction, is boosting its presence in Thailand through a strategic partnership with Raimon Land. The move is a major show of faith in the Kingdom and its luxury property sector from one of the world’s major proponents of quality construction standards.

Bouygues Chief Executive Yves Gabriel recently visited Thailand to hold discussions with Raimon Land Chief Executive Officer Nigel Cornick, and to open an office in Pattaya. Local subsidiary Bouygues-Thai, founded in 1990, is overseeing the building of Raimon Land’s 374-unit Northpoint condominium project in Pattaya. Also Bouygues-Thai has a successful track record including Raimon Land’s projects in Bangkok: The Lakes and The Legend Saladaeng.

The 18^th Home and Condo Show

Raimon Land will have a significant presence at the upcoming 18^th Home and Condo Show, demonstrating its ongoing confidence that this year represents a strong opportunity for Thai and overseas buyers to make luxury property investments. Organised by the Thai Condominium Association, the event will showcase a wide variety of houses, condominiums and properties.

The annual event will be held at the Queen Sirikit National Convention Centre March 13-16, 2008, from 1000 – 2200. Raimon Land’s booth occupies spaces C17-C20 in Zone CG.

The King’s Cup Elephant Polo Tournament

Raimon Land is sponsoring the Thailand National Team at the upcoming King’s Cup Elephant Polo Tournament in Chiang Rai on March 31 – April 6, 2008. The charitable event, which moved to the northern part to Thailand to be closer to the natural home of elephants, aims to raise money for the country’s National Elephant Institute and represents a key component of Raimon Land’s corporate and social responsibility efforts.

The tournament kicks off with two days of practice followed by four days of matches with the final on April 5. Social functions include Sponsors and Players Nights on April 1-4, a parade on April 4 and a Gala Dinner after the final.

For more information, visit www.anantara.com

Fashion & Glamour by The River

The Emporium World Fashion Showcase recently organised the Emilio Pucci Spring/Summer Collection 2008 sponsored by Raimon Land at its newest prestigious Bangkok project, The River on the banks of the Chao Phraya. The latest designs from fashion’s super brands including Chanel, Chloé, Emilio Pucci, Fendi, Kenzo and Valentino were flown in from Paris and Milan for the very first time in Asia and paraded by top models on a dazzling outdoor runway at The River Promenade with the Chao Phraya as the backdrop. After the fashion show, Raimon Land hosted the “Fashion & Glamour by THE RIVER” party on The River Promenade.

Raimon Land Bangkok International Rugby Tens 2008

 
The Raimon Land Bangkok International Rugby Tens 2008, attracted unprecedented levels of interest recently with 24 teams competing from around the world at Bangkok Pattana School.

Southeast Asia's number-one rugby event successfully demonstrated that Thailand is not only a fantastic lifestyle sports destination, but that the Kingdom provides a platform for developing key youth sport programmes as well. Winners and runners-ups were as follows:

The Cup: Jam Boys 10 (winner) – Beersheba Black Sheep 0 (runners-up)
Plate: RBSC 35 (winner) – Pie Men 7 (runners-up)
Bowl: Instead 17 (winner) – French Asian Barbarians 7 (runners-up)
Shield: Carlton 21 (winner) – Bangkok Japanese 12 (runners-up)

Caring For Kids

 
Raimon Land teamed up with the Human Development Foundation (HDF) recently to provide 500 special children with a fun-filled afternoon as part of the annual Love Fun Day at the Mercy Centre in Klong Toey.

The HDF, Raimon Land and other sponsors provided children with a range of exciting activities including face painting, magicians, balloon makers, a bouncy castle and a hearty barbeque as the kids were given a chance to take time out and enjoy the atmosphere with their friends. Raimon Land also plans to build two self-contained homes for 40 children each, one for boys and one for girls, at an estimated combined cost of THB5 million. The project is part of our commitment to providing a positive contribution to Thailand’s future.