Raimon Land (RML), a leader in the luxury and super-luxury real estate development sector, has signed a Memorandum of Understanding (MOU) with Rojana Property to develop a luxury hotel and branded residence on approximately 50 rai of beachfront land in Phuket.

Mr. Korn Narongdej, CEO of Raimon Land Public Company Limited stated, “Over the past 35 years, Raimon Land has developed numerous outstanding luxury and super-luxury real estate projects, totaling 25 projects with a combined value exceeding 100 billion baht. Moving forward, our strategy will focus on an asset-light business model, where we develop projects on land owned by partners. This collaboration will create the best living lifestyle for customers by combining our expertise in luxury real estate development with the prime locations of our partners, resulting in new luxury projects in top locations. We are continuously seeking new landowner partners to jointly develop quality projects for our customers. Today, we are very pleased to have signed an MOU with Rojana Property, a partner that owns a beautiful piece of beachfront land in Phuket, to develop a luxury hotel and branded residence. We will now work together to conduct a feasibility study and delve into the project details.”

Mr. Chai Winichbutr, Executive Director of Rojana Property remarked, “This collaboration marks the first and significant partnership between Rojana Property and Raimon Land, driven by a shared vision to create the best real estate projects. Rojana Property and Raimon Land will combine their strengths and resources to maximize benefits. Rojana Property has presented the best beachfront land in Phuket, offering beautiful views and a tranquil, private atmosphere, covering approximately 50 rai, ideal for developing a project that allows relaxation and creates wonderful memories in Phuket for Raimon Land to develop a luxury project. We believe that this collaboration between Rojana Property and Raimon Land will lead to the creation of a magnificent and unique luxury real estate project, providing a new option for tourists and investors that fully meets their relaxation and investment needs.”