Raimon Land Plc
The Intersection of Life and ArtistryWriter: Matthew StaffProject Manager: Arron Rampling Raimon Land PLC, one of Thailand’s leading high-end real estate developers, continues to drive forward into new markets, delivering award-winning properties to capitalise on new opportunities and trends.Remaining entrepreneurial and alert to the latest industry trends and market demands has been a platform for the Company; developing a formidable core of real estate operations, while expanding a wide range of peripheral services to support them.This has resulted in 12 completed residential properties over the past 12 years, totalling a project value of US$1.3 billion, built through a strong understanding of the needs of the high-end market both today and in the future.“The lifestyle of today’s urban homeowner is fast paced, with more demands on their time than ever before,” the Company’s Chief Executive Officer (CEO) and Director, Mr Johnson Tan notes. “People are increasingly looking for a residence with both function and style where elements are designed with a duality of space, perfect for hosting a party, working from home or simply relaxing with family.”Similarly, in terms of the developments themselves, the bar is also being lifted; literally in some cases, with higher specifications than ever; such as soaring ceilings, greater range of facilities, and expanded services for residents on property.Raimon Land’s Head of Development, Gerard Healy says: “One size no longer fits all. We continue to offer three or four different alternative interior design style options for each home, and over the past five years we’ve seen the edgier options becoming increasingly popular as people are moving…
Raimon Land PLC
Thailand's Leader in Luxury Raimon Land is Thailand's premier luxury real estate developer with strong Financial performance and turnaround. With its unique positioning in luxury real estate market, the company expects to experience a strong and consistent growth despite any short-term concerns over Thailand's Politics Writer Emily Jarvis Project Manager Ben Wigger Raimon land is Thailand's premier luxury real estate developer, with an impressive portfolio of landmark developments, such as the River and 185 Rajdamri. Since 2003, the property giant has completed 10 projects worth THB 37 billion (us$1.15 billion), all of which command unique selling points reflected through their prime locations, excellent quality and craftsmanship, and after sales service offerings. In 1990, Raimon Land Development Company limited renamed itself Raimon Land Company Limited, becoming a publically listed company by 1993. Now with a 192-strong workforce, Raimon land is reaping the rewards of over two decades of hard work. Last year saw the company achieve its highest net profit for the last 10 years - THB 746 million. This was in large part due to the transfer of units at The River. Meanwhile, the net profit for the first half of 2014 was THB 795.7 million (USD 24.4 million), or 107% of its total net profit for 2013. "Meanwhile, The Lofts Ekkamai has proven to be a success, having sold about 80 percent of its units within a short period of time. Furthermore, our retained losses have been completely eliminated and our Interest Bearing Debtto-Equity Ratio now stands at 1.40. This figure has dropped dramatically from…
