Raimon Land sales milestone

Raimon Land said last week that sales of its The River luxury

Published on February 25, 2008

condominium project, located on the Chao Phya in Bangkok opposite the Shangri-La Hotel, had passed Bt5 billion, or 41.67 per cent of the Bt12-billion target.

The River, the high-end developer's largest project to date, was pre-launched last March. Within three days, the initial units released were snapped up at a record price for Bangkok of Bt150,000 per square metre.

Since then, 279 units with a total area of 38,235 square metres have been sold for a combined value of Bt5.03 billion, averaging Bt131,600 per square metre.

This is high, given that many of the west-facing units have sold for under Bt100,000 per square metre.

The Nation

Raimon Land sales milestone
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Raimon Land sales milestone

Raimon Land said last week that sales of its The River luxury

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