FAQ

CORPORATE

Raimon Land takes pride in contributing to the community including ongoing support of Plant a Tree Today Foundation, sponsoring The Bangkok Symphony Orchestra, student scholarships and worker’s camps at construction sites, each of which helps to build a better environment.

Raimon Land is a leading high-end real estate developer specializing in primarily residential developments located in the main housing areas of Thailand – namely Bangkok, Pattaya and Phuket.  In addition, the company owns and operates Vue, a community lifestyle mall already operating, adjacent to The River on Charoen Krung Road Soi 13 in the Thonburi Area of Bangkok opened in 2012.  Space 48 is an 8-storey office building, with a total area of approximately 2,000 sqm, located on Rajadapisek Road, approximately 100 meters from the MRT Suthisan station.

Raimon Land is a Thai listed company on the Stock Exchange of Thailand (ticker RML). The main shareholder as of Q1 2015 is JS Asset, a privately owned Singaporean investment company which acquired a controlling stake of the firm in 2013. JS Asset is also part of a group of high-profile global companies which include Ezra Holdings, Loyz Energy Limited, Klapsons Boutique Hotel, and Select Group.

Raimon Land is traded under the ticker RML.

Raimon Land was founded in 1987 and listed on the Stock Exchange of Thailand (SET) in 1993, first under the symbol RAIMON, and later as RML since May 2012.

DEVELOPMENTS

Raimon Land uses leading contractors and suppliers who are selected to meet quality standards and timeframes ensuring the end result of each development matches the development concept as promised. In the past this list of contractors has included leading firms such as Bougyues-Thai, Pre-Built and Ritta.

Raimon Land uses leading designers from around the world to create the exterior, interior and landscaping elements of each development to best fit with the neighborhood, views, price point and concept of the property.

Each development may use a specialist design team to ensure the best possible features, visit specific property websites to find out more.

To date the highest price achieved both for an individual residence as well as the overall average price within the Raimon Land portfolio is 185 Rajadamri, a freehold condominium in the prime CBD area of Bangkok, one of the only freehold plots in that area overlooking RBSC and Lumpini Park.

Raimon Land’s latest project to date is Mews Yen Akat by Raimon Land, a landed housing estate comprising 9 homes in the heart of the Sathorn business district of Bangkok.  Designed by architect Sumeth Sukapanotharam, The Yen Akat development is the inaugural issue of Raimon Land’s new Limited Edition product line, with construction commencing in mid 2015.  www.mews-yenakat.com

Raimon Land owns a plot of almost 2 rai in Asoke, and revealed plans to unveil The Lofts Asoke in late 2015.  www.theloftsasoke.com

Raimon Land PLC is currently in the process of constructing Unixx South Pattaya in Pattaya completion scheduled 2105, and The Lofts Ekkamai in Bangkok. The Lofts Ekkamai is scheduled for completion in 2016.

Since 2004, Raimon Land has completed 11 residential developments in Thailand, including:

  • Bangkok: 185 Rajadamri, The River, The Lakes, The Legend Saladaeng, The Lofts Sathorn, The Lofts Yennakart.
  • Phuket: Kata Gardens, The Heights Phuket
  • Pattaya: Northshore, Northpoint, Zire Wongamat

BUYING/SELLING

Raimon Land is always interested in discovering prime locations for future development.  Find out more here if you have land available to sell: [offer land for sale]

Raimon Land provides a range of services for owners, including rental and resale support   Find out more here resales.raimonland.com for sales.

Raimon Land sells each development directly.  We also welcome agents to sell our properties.  If you are an agent, please contact us (Bangkok: chanida@raimonland.com; Pattaya: ekkarat@raimonland.com) to find out more.

Terms of purchase for each Raimon Land development vary slightly depending on the price point and degree of completion.  Typically Raimon Land requires deposit (booking fee + contract signing + installment payments) prior to transfer of the amount 25-40%, with remainder paid upon date of transfer.

Raimon Land has successfully developed a strong reputation with both Thais and international buyers.  For some developments such as 185 Rajadamri, the proportion of Thai buyers is high, reaching more than 80%.  For other developments with strong foreign appeal, the percentage is closer to 50% / 50%.  International buyers come from all around the world, and Raimon Land research of our clients revealed we have owners from 70 countries around the world.  Raimon Land believes a good mix of owners is essential for the smooth operation and community spirit within each development.

Raimon Land welcomes international buyers, and some foreign buyers may be eligible for bank financing; however this is between the bank and the customer, and Raimon Land will provide introductions to banks we have worked with in the past who can answer any questions you may have.

Raimon Land welcomes international buyers.  Our condominium developments are typically sold to both Thais and foreigners, meaning foreigners can purchase Raimon Land properties in compliance with Thai Law. The Thai Law states that total ownership of condominium units shall not exceed 49% of the 100% of units, so provided the foreigner is purchasing within this allocation then Raimon Land can sell to foreigners.

Sales of landed property or condominiums where ownership by foreigners would exceed 49% for the total development are not allowed by Thai Law. Please refer to our [buyers guide] for more information.

Raimon Land has specialist sales people who are English, Thai, Chinese and Russian speakers, contact direct.marketing@raimonland.com to find out more.

Raimon Land specializes in freehold property development, so each development to date has been sold freehold.

CAREERS

Raimon Land features a world-class team of employees and managers who form part of a close-knit community built around intelligence, integrity and innovation.  If you feel you would like to be part of the company, please contact us here www.raimonland.com/Career  We have positions available posted online here www.raimonland.com/Career.