Raimon Land unveils two ultimate luxury projects "The Estelle Phrom Phong" and “TAIT 12”
Raimon Land unveils two ultimate luxury projects "The Estelle Phrom Phong" and “TAIT 12” located near BTS Phrom Phong and BTS Chong Nonsi, joint venture projects with Tokyo Tatemono with total combined project value over 9 billion Baht
- Raimon Land and Tokyo Tatamono unveils its first flagship partnership projects " The Estelle Phrom Phong" and “TAIT 12”
- Both projects are expected to begin construction within the first half 2019 and completed in 2022
- Both projects have a combined total value of over 9 billion baht
Bangkok – 18th Octtober 2018 - Raimon Land Public Company Limited, the leading luxury real estate developer in Thailand, unveils two new projects in joint venture with Tokyo Tatemono, Japan’s oldest real estate developer. "The Estelle Phrom Phong" located near BTS Phrom Phong and “TAIT 12” near BTS Chong Nonsi are the most recent additions to Raimon Land’s list of prestigious projects, with total combined project value over 9 billion baht.
Mr. Adrian Lee, Chief Executive Officer, of Raimon Land PCL, Thailand’s top premium real estate developer, disclosed that the company had signed a joint-venture agreement back in April this year with Tokyo Tatemono, the oldest real estate development company listed on Tokyo Stock Exchange. As its first projects under the agreement, the two companies are proud to present two residential projects: TAIT 12 located in Sathorn 12 with value approximately 4.2 billion baht, and “The Estelle Phrom Phong” in Sukhumvit Soi 26 located near BTS Phrom Phong with value approximately 5 billion baht.
Prices start from THB 15.5 M for The Estelle Phrom Phong and THB 7.6 M for TAIT 12 respectively.
“Raimon Land is very proud to present the first 2 residential projects developed under the joint venture with Tokyo Tatemono. It is very important to have our visions align as we move forward on other projects. I am very excited to continue to work and learn from TTA as they bring their over hundred years of experience and expertise in property development. We worked closely as partners and aim to foster a long and fruitful business relationship. We have already identified at least 1 more project next year. Our target is to launch at least 2 projects a year”.
The Estelle Phrom Phong, located on Sukhumvit Soi 26, marries modernity and serenity. Designed as an urban oasis, the project boosts over 3,000 sq.m. of common area on a site just a little under 2 rai. Green areas, reflecting ponds and clean lines wash throughout the development as it brings together a sense of clam over the hustle and bustle which is Phrom Phong. The Estelle will empower future owners with different choices of lifestyle layout and options without sacrificing architecture aesthetics. With specialized wellness facilities such as a salt-water floatation pool and chorine free swimming pool, The Estelle is the standard in modern luxury living.
TAIT 12, located on Sathon Soi 12 near BTS Chong Nonsi, harnesses the energy of Bangkok and pulls it into the development. The project was designed around the vibrancy and living expectations of fledgling dynamic Bangkokians. With sprawling views of Bangkok, the common area is filled with a specialized 1,500 sq.m., Gym, amphitheater, large co working spaces and a cavern pool. It is the quintessential living space designed for the millennial. The strong slope line of the architecture coupled with large glass panels harmonizes modernity together with the city scape. Living spaces designed to be open and practical.
Mr. Adrian Lee added, “The two projects represent prestigious locations, premium quality, backed with two strong brand names. Each project were conceived with different ideas and different targets. But together they provide a balance of Yin and Yang to the partnership’s flagship launches. We believe the projects represent the best not only in value, but product design and location in their segment today. I am confident that the projects will deliver fantastic results for the partnership.”
Pre-sale of The Estelle Phrom Phong will take place on October 28 at Hilton Hotel Sukhumvit and pre-sale of TAIT 12 will be on November 3 and 4 at The Lofts Silom on Soi Pramuan, Silom Road. For more information, visit raimonland.com or contact Raimon Land at 02-029-1888.