Raimon Land Commences Construction <br>and Sales for Mews Yen Akat

Raimon Land Commences Construction
and Sales for Mews Yen Akat

18 May 2017

  • First development in the Raimon Land Limited Edition series, expected to be completed in late 2016
  • Prebuilt appointed as main contractor for the nine home semi-detached home development
  • Designed for modern inner-city family living , strategically located on Yen Akat, freehold ownership and outstanding specification from THB 75m

BANGKOK – 2 September 2015 – Thailand’s leading high-end real estate developer Raimon Land PLC officially began construction and launched sales for Mews Yen Akat by Raimon Land. The new development provides nine extremely exclusive homes set in the prime inner city neighborhood of Yen Akat, designed for the life of the new modern family.

Blending privacy, exclusivity and convenience in Yen Akat Soi 2, Mews Yen Akat, expected to be completed in late 2016, provides more than 750 sq. m. of living space and large outdoor landscaping, matching the needs of modern families who are looking for a prime address in the heart of Bangkok’s central business district. The development comprises eight semi-detached homes each on land plots of approximately 75 sq. wah and one larger standalone home, with construction by leading Thai contractor Prebuilt.

“We have seen a marked increase in demand for large-size, high-end inner city residences, suited for bigger households,” said Mr. Johnson Tan, Chief Executive Officer and Board Director of Raimon Land PLC. “Mews Yen Akat is the first property in Raimon Land’s Limited Edition series, providing an enormous sense of space combined with outstanding materials and design.”

Priced from THB 75million, each home enjoys an 8.5m. wide road frontage and features 41/2 storeys, with access to each floor using a private lift. The second floor’s double height living room connects seamlessly to indoor/outdoor dining and private salt water swimming pool. Family-friendly elements include a rooftop garden entertainment area, up to five bedrooms, entertainer’s kitchen, and an indoor garage for up to three cars, plus workshop. For peace of mind, Raimon Land will provide a complete home security system, automatic garage doors, and an innovative exterior shutter system for maximum privacy and security.

Each home has been carefully designed to provide a sense of space by renowned Thai architect Sumeth Sukapanotharam of TM Group. Homes of crafted elegance feature imported stone and high quality interior/exterior, including detailed elements such as double glazing throughout, concealed air-conditioning even including air-conditioning in the garage with runway lighting, Gaggenau kitchen, concealed lighting, Poliform cabinetry, smart home lighting and even hanging tracks for art collections.

Mews has already seen accepted bookings reaching around 25% since the presale period; Raimon Land expects to steadily continue selling during the construction phase, as clients see the building taking shape. The first home will be completed in mid 2016, with completion of the entire property within end of 2016.

Alongside Mews Yen Akat, the Company has also already purchased a prime location in Sukhumvit for the new Lofts Asoke development currently being designed to target urban inner city owners and investors, scheduled for prelaunch in November 2015. Inspired by the industrial New York loft concept located adjacent to MRT and Airport Link close to the BTS, the development will comprise approximately 200 units, ranging from 1-3 bedrooms, including single and double height loft units.
“Both Mews Yen Akat and The Lofts Asoke feature Raimon Land’s signature innovative design combined with sound long-term investment fundamentals,” said Mr. Tan. “We will ensure that each owner enjoys high quality standards, an outstanding inner city location, and functionality to match their lifestyle, both now and for generations to come.”

In Bangkok, Raimon Land’s performance continues to be one of the strongest in the high-end Thai market, with sales exceeding 95% at The River and 90% at 185 Rajadamri condominiums recently completed.
Further information is available at www.mews-yenakat.com and clients are invited to call Raimon Land at 02 651 9600 to arrange their own sales presentation appointment.

About Raimon Land Public Company Limited
Founded in 1987 and listed on the Stock Exchange of Thailand (SET), Raimon Land Public Company Limited (RML) is a real estate firm which specializes in the development of high-end residential city and resort properties.

Since 2004, the company has completed 11 properties in Thailand with total project value of approximately THB 40billion (USD 1.2billion), including the iconic 185 Rajadamri, The River, The Lofts Yennakat, The Legend Saladaeng, The Lakes and The Lofts Sathorn in Bangkok; Zire Wongamat, Northpoint and Northshore in Pattaya, and The Heights Phuket and Kata Gardens in Phuket. Four new residential properties are currently under development –The Lofts Ekkamai (2016), Mews Yen Akat by Raimon Land (2016), The Lofts Asoke (2017) – all in Bangkok; and Unixx South Pattaya (2015) in Pattaya.

The company’s portfolio also includes klapsons The River Residences serviced apartments, Vue community lifestyle mall, The Cube event center and 48 office building