RML Confident in Leasehold Condominium Market Growth, Launches 52 Exclusive Units at ‘The River’, Starting from THB 100,000/Sq.m.

RML (Raimon Land) reaffirms its confidence in the robust growth of the leasehold condominium market, which continues to gain traction among homeowners and investors alike. To cater to this demand, RML has launched 52 exclusive units at ‘The River,’ a luxury resort-style condominium along the Chao Phraya River. These units feature expansive living spaces ranging from 58 to 146 square meters, available in 1–3-bedroom layouts. Prices start at just THB 100,000 per square meter.

Mr. Korn Narongdej, Director and Chairman of the Executive Committee at RML or Raimon Land Public Company Limited said, “Leasehold condominiums continue to gain momentum, particularly in prime locations, due to their more affordable price compared to freehold condominiums. This affordability enhances their appeal to investors, offering yields of approximately 6% per year. Moreover, leasehold condominiums allow 100% foreign ownership, making them an attractive option in areas where freehold ownership is increasingly constrained. To meet the rising demand, RML is proud to present the River Private Residences,’ a selection of exclusive leasehold units within ‘The River.’ Perfectly suited for every lifestyle, these residences boast a prime location surrounded by shopping malls, renowned restaurants, five-star hotels, and leading international schools, such as Shrewsbury International School. Priced at an average of THB 147,000 per square meter, these units are 30–40% more affordable than comparable freehold condominiums in the same riverside area. With larger unit sizes and exceptional value, we are confident these exclusive units will attract strong interest from those seeking luxurious riverside living,”

According to CBRE’s Q3 2024 research, there are only 18,671 condominium units along the Chao Phraya riverside, accounting for just 9.9% of the total supply in the area. Despite this limited availability, the 98% absorption rate highlights the exceptionally strong demand. The Chao Phraya riverside is renowned for its scenic beauty, excellent connectivity, and proximity to key business districts such as Silom and Sathorn, making it a perennial favorite among Thai and international residents and investors.

‘The River Private Residences’ are offered on a 30+30+30-year leasehold basis, comprising 52 exclusive units situated on high floors (23rd–27th), ensuring breathtaking panoramic views of the Chao Phraya River and Bangkok’s skyline. These units boast expansive living spaces ranging from 58 to 146 square meters. Prices start at just THB 100,000 per square meter.

Located in one of Bangkok’s most prestigious riverside areas, The River’ offers unparalleled convenience, just 5 minutes from ICONSIAM and 10 minutes from Asiatique The Riverfront. The project is surrounded by leading international schools, premium shopping centers, fine dining establishments, and 5-star hotels. It is accessible via car, public transportation, and the BTS Gold Line, which connects to the Green Line. Despite its prime location, The River’ offers a serene and private living environment with expansive green spaces. Residents enjoy access to an array of world-class amenities, including a private pier, an Olympic-sized swimming pool, a gym with river views, and a children’s play area, delivering a lifestyle of unparalleled luxury and comfort.

Discover the refined elegance of life at ‘The River Private Residences’ For more information, call 02-029-1888 or visit https://www.raimonland.com/en/projects/residential/49/the-river.