RML announces success sold out ‘The Estelle Phrom Phong’

Editorial Staff

RML announces success sold out ‘The Estelle Phrom Phong’ worth 5.2BN

Raimon Land Plc (RML)has closed sales of ‘The Estelle PhromPhong’ with 146 units, worth 5.2 billion baht in total, have been sold out.

This achievement reinforced customer confidence in RML as a leading developer of luxury and ultra-luxury real estate. The success mainly came from its prime location on the CBD area in the heart of Sukhumvit and close to BTS Phrom Phong and The EM District in just 2 minutes away.

The project also offered a unique living lifestyle with highlights like Guest Suite, a suite for visitors fully equipped with amenities which is a service that no project has ever offered before. Another project ready to sell out soon is ‘Tait Sathorn 12’ as 97% of all units have already been sold and only 9 units are currently available.

Mr.Korn Narongdej, chief executive officer of RML, said the company has been developing luxury and ultra-luxury real estate for over 36 years. The company understands the needs of customers in this segment, and have managed to sell out all of our projects over the years to foreign customers buying with high rate. Recently, the company succeeded in selling out 100% of ultra-luxury condominium project.

'The Estelle Phrom Phong' which has been highly popular among Thai and foreign customers from China, Singapore, Japan, UK, and Türkiye. They were eagerly looking for their second homes as much as a place to invest and our project was perfect for them as it has good rental yield. As well as its prime location in Sukhumvit.”

As RML closed sales for ‘The Estelle PhromPhong’, it shows that the demand for luxury and ultra-luxury real estate is still high and it continues to grow. Currently, ‘The Estelle Phrom Phong’ has ownership transfer accounted for 4.6 billion baht or approximately 95% of units transferred.

The ownership transfer for the project should be 100% completed within 2023. As for the ready-to-move-in luxury condominium project, ‘Tait Sathorn 12’, it nearly closed sales as 97% of all units have been sold with only 9 units are still available.

Currently, there are only units with 1-2 bedrooms left, with space ranging from 68-118square meters. The price starts from just 17.9 million baht. The remaining 2-bedroom units each have different layouts.