RML’s Condos ‘The Estelle Phrom Phong’ and ‘Tait Sathorn 12’ Deliver Strong Rental Yields
RML, or Raimon Land Public Company Limited, is on fire right now! Rumor has it that Korn Narongdej, Director and Chairman of the Executive Committee, can’t stop grinning from ear to ear. Why? Because demand for their ultra-luxury and luxury condos is off the charts—especially in prime CBD areas like Phrom Phong and Sathorn, where investors are scrambling to snatch up units.
Let’s start with the ultra-luxury condominium, ‘The Estelle Phrom Phong’, just a 2-minute walk from BTS Phrom Phong and The EmDistrict. It’s also a pet-friendly condo, making it even more attractive. Rental prices are impressive, ranging from 1,300 to 1,600 THB per square meter, or 70,000 to 90,000 THB per month for 1 bedroom unit. This makes it an ideal investment for foreign buyers from China, Singapore, Japan, and the UK, whether they’re looking for a second home or an investment opportunity. The rental yield is as high as 5-7%. It’s no wonder the project sold out quickly, and resale prices are reportedly climbing steadily, with investors seeing significant profits.