Bangkok’s skyline is changing. In Phrom Phong, Bangkok’s upscale neighborhood, and Sathorn, the city’s central business district, two new luxury high-rise condominiums are set to attract young, international and affluent investors.
Thailand’s leading luxury property developer, Raimon Land, and Tokyo Tatemono, Japan’s oldest property development company, listed on the Tokyo Stock Exchange, are developing two iconic joint-venture projects: The Estelle Phrom Phong and Tait Sathorn 12.
Japanese-style urban oasis
World-renowned architectural firm SCDA Architects designed The Estelle Phrom Phong as a modern, Japanese-style urban oasis, offering luxury private residences and premium facilities.
The development boasts a 24-hour concierge, limousine service, luxurious fittings and appliances from high-end brands such as Kohler, Gaggenau and Bosch, private onsen (hot spring) and even a salt-water flotation pool.
The Estelle Phrom Phong is a 37-floor project with 157 units, a 3,000 square-meter garden and common area, all within the middle of bustling Bangkok.
Next landmark of luxury
Tait Sathorn 12 recently won Best Luxury Condominium Project — Thailand 2021 under the Real Estate Awards sponsored by International Finance magazine.
With green spaces flowing throughout its distinctive architecture, the 40-floor, 238-unit project is set to be the next landmark of luxury in Bangkok’s energetic central business district. The project’s crown-level wellness facilities offer panoramic views of the city, plus a cutting-edge fitness studio with virtual trainers and a heated infinity pool.
The Estelle Phrom Phong is expected to be completed in the third quarter of 2022, while Tait Sathorn 12, already 75% sold with a per unit starting price of $270,000, is expected to be completed in the second quarter of 2023.
Panoptic business hub
Raimon Land has also embarked on another collaboration with one of Japan’s largest and most prestigious real estate developers, Mitsubishi Estate Co.
The partnership will deliver a modern, high-technology office building to Bangkok’s 21st century work force.
One City Centre is a panoptic business hub. Opposite the Central Embassy Department Store, the project is surrounded by luxury hotels and fine dining establishments.
Raimon Land is the first developer in Thailand to provide these unprecedented levels of exclusivity. Coupled with the company’s proven track record and experience, Raimon Land promises to deliver luxury reimagined and in turn help to strengthen the Thailand-Japan economic partnership. ®