RML Confident in Leasehold Condominium Market Growth, Launches 52 Exclusive Units at ‘The River’, Starting from THB 100,000/Sq.m.
RML (Raimon Land) reaffirms its confidence in the robust growth of the leasehold condominium market, which continues to gain traction among homeowners and investors alike. To cater to this demand, RML has launched 52 exclusive units at ‘The River,’ a luxury resort-style condominium along the Chao Phraya River. These units feature expansive living spaces ranging from 58 to 146 square meters, available in 1–3-bedroom layouts. Prices start at just THB 100,000 per square meter.
Mr. Korn Narongdej, Director and Chairman of the Executive Committee at RML or Raimon Land Public Company Limited said, “Leasehold condominiums continue to gain momentum, particularly in prime locations, due to their more affordable price compared to freehold condominiums. This affordability enhances their appeal to investors, offering yields of approximately 6% per year. Moreover, leasehold condominiums allow 100% foreign ownership, making them an attractive option in areas where freehold ownership is increasingly constrained. To meet the rising demand, RML is proud to present the River Private Residences,’ a selection of exclusive leasehold units within ‘The River.’ Perfectly suited for every lifestyle, these residences boast a prime location surrounded by shopping malls, renowned restaurants, five-star hotels, and leading international schools, such as Shrewsbury International School. Priced at an average of THB 147,000 per square meter, these units are 30–40% more affordable than comparable freehold condominiums in the same riverside area. With larger unit sizes and exceptional value, we are confident these exclusive units will attract strong interest from those seeking luxurious riverside living,”