Raimon Land developer will focus on elite and super-luxury real estate in Bangkok and Phuket

Raimon Land developer will focus on elite and super-luxury real estate in Bangkok and Phuket

The developer Raimon Land, listed on the SET list, plans to focus on the construction of elite and super-luxury real estate and the business of the new economy. The company is now focused on opening One City Centre, a new Class A office building in the Plonchit district of Bangkok, in the first half of 2023.

The company has shifted the focus in its development business exclusively to the luxury and super-luxury segments. From now on, 80% of the company's residential development will be branded residences, as demand is growing, and many buyers of luxury real estate are willing to pay more for this type of product.

The first project of a super-luxury residence under the brand — Rosewood Residences Kamala in Phuket worth about 7 billion baht. The exact plan of the living space has not yet been presented to the public.

Phuket and Bangkok, which the company has chosen as priority regions, are global destinations that attract many foreign buyers of real estate, especially in the elite segment.

In May of this year, the company announced its strategic partnership with the American company Nautilus Data Technologies to promote environmentally innovative water-cooled data centers in Thailand, as well as in other key regions such as the Philippines. The company's first data center project is scheduled to begin early next year.

The One City Center (LOCK) project mentioned above, a Class A office tower, together with Mitsubishi Estate (Japan), will become the new heart of the Plonchit district.

OCC has reimagined the world of office spaces with elements conducive to a productive work environment. It was awarded a 2-star Fitwell rating from the American Center for Active Design for the outstanding development of the building aimed at promoting health and wellness by creating an environment for the well-being of tenants and visitors.

It is planned that the building will have 61 floors, the total leased area will be about 61,000 square meters, and the ceiling height will be 3 meters. It can accommodate up to 879 cars and is equipped with compartments for charging electric vehicles.

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