Raimon Land Launches Condominium Focus

Raimon Land has launched the latest issue of its exclusive research journal, Condominium Focus. The publication reveals that the Bangkok and Pattaya real estate markets are showing positive signs despite the global economic downturn. The respected research document also reveals that in Bangkok, in the second quarter of this year condominium presales more than doubled those in the fourth quarter of 2008, while off-plan take up rates were still high at 73% and average per metre prices grew at a stable rate of 4% to reach THB125,910 per square metre (psm).

Condominium Focus also investigated progress in Pattaya and discovered that an 18% fall in passenger arrivals in the first quarter of 2009 compared to the same period last year has led to a softening in demand for property in a market where 50% of sales are for holiday units.

A PDF version of Condominium Focus can be downloaded here.

The River Update

The River passed another milestone in August, with the award of 3 major construction packages: Mechanical & Electrical; Supply and Installation of Façade; and the supply and installation of Lifts.

Meanwhile, the structural work continues to make steady progress. At the South Tower, the core wall structure is up to level 6, and the huge fourth floor slab is complete, with work on the fifth floor slab ongoing and the distinctive car park ramp now up to level 4. At the North Tower, the core wall structure is reaching up to level 7, with the floor slab complete to level 4. Elsewhere on site, the drainage system is 40% complete and work on the access road structure continues.

To continue to meet the sales demand for this landmark project, Raimon Land is pleased to announce that we have now opened the last phase of units for sale. For more information or to arrange a personal tour of our show suites, please call the Sales Office at The River Promenade on +66 (0) 2861 1971.

To see more construction update photos from The River, click here.

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Update from Northpoint

The last month has seen continued good progress at the Northpoint site. The swimming pool reinforced concrete slabs have been cast and waterproofed, while the main access road water feature has been constructed and now awaits final finishes, as do lily ponds, walkways and the external hardscape, softscape, and water feature installations. At both towers the main entrance lobby fit-out works are progressing and are set to provide residents a fitting welcome to these world class residential buildings. Lift lobby area fit-out works also remain ongoing at both towers with limestone feature walling and floor tile installations ongoing.

Elsewhere, at the car park structural works are practically complete and will soon be ready for the tennis court installations at roof level. The external cladding system design is complete and is currently under procurement.

To see more construction update photos from Northpoint, click here.

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Two New Ways to Get The Point

Raimon Land has launched two special payment options at Northpoint to assist buyers in achieving their dream of owning a luxury beachfront condominium.

An innovative Preferred Payment Programme provides Northpoint buyers with a two-year period to make full payment of their condominium after it has been completed and they have moved in.

The Credit Card Scheme offers buyers the option to use a Visa or MasterCard to pay the THB100,000 booking fee and the 10% contract fee if they so wish, with Raimon Land absorbing the bank fees.

For more information, please call the Northpoint Pattaya Sales Office on +66 (0) 3848 8613 or e-mail sales@northpointpattaya.com.

Raimon Land and Plant-A-Tree-Today Foundation

As part of our continued commitment to our CSR programme, Raimon Land recently joined with Plant A Tree Today Foundation to plant trees in Ban Sap Tai, Khao Yai. Representatives from the company together with students from Sap Tai School participated in a series of educational activities before the official opening of the Sap Tai School Tree Nursery.

Those in attendance went on to plant trees to help reforest the surrounding area in the UNESCO-listed World Heritage Site, Khao Yai National Park, just a few hours' drive from Bangkok.

Click here to see more photos.

Competition

Raimon Land has five copies of the book "Dok Mai Thai: The Flower Culture of Thailand" to give away to readers of our newsletter.

Published in full colour, this 176-page English language publication features the work of renowned Thai floral artist, Mr. Sakul Intakul, and comes with a beautiful silk cover. To win a copy, simply send your answers to the following 3 questions to pattaranit@raimonland.com along with your full name, postal address and telephone number. The first 5 people correctly answering the questions will receive a copy of this special publication.

1. Where is The River located?
2. What award did Northpoint win at the 2008 Thailand Property Awards?
3. What are the names of Raimon Land condominium projects in Phuket?