RML, or Raimon Land Public Company Limited, is on fire right now! Rumor has it that Korn Narongdej, Director and Chairman of the Executive Committee, can't stop grinning from ear to ear. Why? Because demand for their ultra-luxury and luxury condos is off the charts?especially in prime CBD areas like Phrom Phong and Sathorn, where investors are scrambling to snatch up units.
Let's start with the ultra-luxury condominium, 'The Estelle Phrom Phong', just a 2-minute walk from BTS Phrom Phong and The EmDistrict. It's also a pet-friendly condo, making it even more attractive. Rental prices are impressive, ranging from 1,300 to 1,600 THB per square meter, or 70,000 to 90,000 THB per month for 1 bedroom unit. This makes it an ideal investment for foreign buyers from China, Singapore, Japan, and the UK, whether they're looking for a second home or an investment opportunity. The rental yield is as high as 5-7%. It's no wonder the project sold out quickly, and resale prices are reportedly climbing steadily, with investors seeing significant profits.
Another hot project is 'Tait Sathorn 12', a luxury condominium in the heart of Sathorn, just 180 meters from BTS St. Louis. It's easily rentable with a 4% rental yield. Rental rates range from 1,000 to 1,200 THB per square meter, or 50,000 to 62,400 THB per month for 1 bedroom unit, attracting investors from China, the U.S., Singapore, Taiwan, and Australia. The resale value of this prime location is also rising alongside increasing demand, and both projects currently boast 100% occupancy.
For investors still on the fence, time is running out?there are only a few units left at 'Tait Sathorn 12', all priced at 239,000 THB per square meter. Whether you plan to live in it or rent it out, it's an exceptional deal that's becoming increasingly rare!