Raimon Land Targets Ultra-Luxury Segment with New Bangkok Mansions
Raimon Land is developing The 528 Estate, an ultra-luxury mansion project in Bangkok's Sukhumvit 28 area. Featuring four seven-storey mansions with lavish amenities, the project targets high-net-worth individuals and is valued at over four billion baht. It is set to begin construction next year and open in 2027 with prices starting at eight hundred eighty million baht, partnering with Baccarat and List Sotheby's International Realty Thailand for design and sales.
Raimon Land (RML) is launching an ambitious ultra-luxury real estate project called The 528 Estate in Bangkok.
Located on Sukhumvit 28 between Phrom Phong and Thonglor, this exclusive development will feature four seven-storey mansions, each offering between 2,300 to 2,700 square meters of opulent living space.
The project, valued at over 4 billion baht, is scheduled to begin construction next year and anticipates opening in 2027, with prices starting at 880 million baht per mansion.
RML is partnering with French luxury brand Baccarat for interior design and List Sotheby's International Realty Thailand for sales and marketing.
Korn Narongdej, director and chair of RML’s executive committee, emphasized the project's concept as 'An Enduring Legacy' in a historic and affluent location.
Kris Narongdej, chairman of the board, stated that the company is focusing its portfolio exclusively on luxury and ultra-luxury developments to cater to the growing demand from high-net-worth individuals in Thailand and Asia.