Raimon Land Public Company Limited (RML), a leader in luxury real estate development in Thailand, has announced an expansion of its investment in Pattaya, a continuously growing market, by launching the 'Tait Pattaya' project. This new development builds on the success of the Tait Sathorn 12 project and is located in a prime area of central Pattaya, featuring a perfect blend of residential spaces, retail areas, and lifestyle amenities, all complemented by comprehensive facilities and proximity to numerous tourist attractions and important locations.

Tait Pattaya is set to become a new landmark in Pattaya with its mixed-use development that seamlessly integrates residential living and lifestyle elements, reflecting RML's commitment to enhancing the quality of life in Pattaya through meticulously designed spaces that cater to both living and investment needs.

Currently, the Pattaya real estate market is experiencing strong growth, with approximately 28 million tourists visiting Chonburi province annually, generating tourism revenue projected to reach 316 billion baht (approximately 9.8 billion USD) in 2024, a 114% increase from pre-COVID levels. This has led RML to recognize the opportunities arising from high demand from both domestic and international buyers seeking quality residences in this popular location.

The design of Tait Pattaya is inspired by the unique charm of Pattaya, combined with distinctive contemporary architecture that reflects the high-quality standards characteristic of the Tait brand and RML.

The launch of Tait Pattaya aligns with market growth and responds to the demand for luxury residences in a vibrant and conveniently connected area. The buyer demographic in the Pattaya market consists of approximately 15-20% Thai nationals and 70-80% foreigners, with the main foreign buyers coming from Russia (25-30%), China (20-25%), Europe (10-15%), and Israel (10-15%). This diverse customer base aligns with the mixed-use project concept that meets the needs for high-end living in Pattaya.

Tait Pattaya is scheduled for an official launch in the third quarter of 2025, with further details and reservation dates to be announced soon.