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More River units

source: Bangkok Post Oct 23 2008 PROPERTY : Raimon Land has released additional units in the north tower of its luxury condominium The River to meet strong demand. From the launch of the 851-unit project in March 2007 through June 2008, Raimon Land has incrementally released 492 units, selling 418 for a total of 7.7 billion baht, or 55% of the targeted total sales of 13 billion baht. The newly released units in the north tower are sized from 62 square metres and priced from 5.6 million to 51.8 million baht. Raimon CEO Nigel Cornick said the strong sales performance reflected positive sentiment among investors in spite of the world financial crisis and political troubles in Thailand. Raimon shares closed yesterday on the SET at 0.30 baht, down one satang, in trade worth 1.76 million baht.

 

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