Raimon Land recently unveiled its newest project, The Lofts Asoke, to much fanfare. The development raked in a staggering THB723 million, or 23 percent of the total units available, in pre-sales in two weeks, the company announced in a press release. It was part of a big third quarter for the company which recorded a net profit of THB155 million. According to the developer, it was Raimon Land’s 14th straight quarter of profit.
The Lofts Asoke is valued at THB3.2 billion and is a high-rise development in Asoke that is slated to be one of the area’s tallest buildings. A total of 72 units out of 211 to be built were sold before 13th November. This is the fourth project under the Lofts brand, following Lofts Sathorn, Lofts Yennakat, and The Lofts Ekkamai.
The highlight of the development is its unique double height loft design inspired by New York’s famous loft living. There will be numerous facilities at The Lofts Asoke including a workspace/lounge for residents, an infinity edge pool on the 31st story and ample parking. The developer claims the project reflects the company’s dedication to innovation. Units have one to three bedrooms and prices start at THB 6.1 million. There is also a skyloft high zone that will be comprised exclusively of duplexes.
“I would like to take this opportunity to thank our home owners and staff for the success of The Lofts Asoke,” Chief Executive Officer and Executive Director Johnson Tan said in the press release. “The creativity, effort and attention to detail put into this project has paid off and further solidifies our position as Thailand’s leading high-end real estate company as we continue to deliver highly differentiated products to the market.”
The Lofts Ekkamai is under construction and is scheduled to be completed sometime in 2016. The project is nearly sold out, the developer announced. Mews Yen Akat housing estate by Raimon Land also launched in the third quarter and a dedicated sales gallery can be found at the company’s headquarters. An on-site show home should be completed by the middle of next year.
