In a dazzling display of investor enthusiasm, RML has impressively launched its latest round of corporate bonds, setting the stage for a future that promises growth and innovation. Overflowing with interest, this bond issuance comfortably surpassed its initial target of THB 300 million. This achievement not only signifies the investor community’s faith in RML’s strategic acumen but also its visionary leap into the future. Riding high on this success, RML is gearing up to unveil a groundbreaking luxury mixed-use development in the picturesque paradise of Phuket in Q2 of 2025. This ambitious project not only boasts a staggering value of THB 10 billion but is also set to spearhead the company’s ambitious growth targets, aiming for a whopping THB 7.5 billion in sales for 2025—a remarkable 80% uptick from last year’s figures!
Captaining this ship of success, Mr. Korn Narongdej, the astute Chairman of the Executive Committee of RML (Raimon Land Public Company Limited), elucidated, “Our bond issuance was meticulously divided across four tranches, all under the banner of Bond Series 1, 2, 3, and 4 – Series 2/2025, delivering a tantalizing maximum interest rate of 7.3%. These are not just any bonds—they are named, secured, and senior bonds that invited investment visionaries for subscription during a special window between March 5-6 and 11-13, 2025. The ecstatic response from investors, culminating in subscriptions far exceeding our THB 300 million benchmark, underscores our steadfast strategic direction and the undoubted trust our investors place in us. We are steadfast in our mission to steer RML to the zenith of luxury and ultra-luxury real estate development, crafting high-value masterpieces that promise substantial returns for our devoted investors and stakeholders.”
RML’s unyielding drive doesn’t stop at bond success. With an eye on serendipity, the company is on the cusp of launching an opulent mixed-use development in Phuket, destined to dazzle high-net-worth individuals (HNWIs) from across the globe. This upcoming wondrous development blends ultra-luxury villas and a chic hotel, designed to charm affluent buyers in their quest for the crème de la crème of residential havens. Be it as a beautiful second home, a serene retirement oasis, or a stylish vacation spot, this project promises to be a prime attraction nestled in one of Phuket’s most esteemed locales.
Mr. Korn, the visionary leader, punctuates, “Our 2025 sales target of THB 7.5 billion highlights an impressive 80% growth, a testament to our meticulously honed strategies executed with seeking perfection. Internally, we’ve revamped our organization to foster nimbleness and operational excellence, paving the way for robust long-term expansion. Externally, we’re diving into new horizons with development initiatives that promise perennial income, fortifying our growth narrative. Alongside these ventures, we’re intensely focusing on streamlined costs, maintaining abundance in liquidity, and reinforcing a resilient financial framework to bolster consistent and sustainable prosperity.”
With this ambitious drive, RML is not just building structures but creating legacies, setting a new gold standard for luxury real estate that combines innovation, style, and solid strategic foresight.
I’m impressed with RML’s ability to exceed their bond issuance target. It speaks volumes about the faith investors have in them.
True, but it also highlights a worrying trend of speculative investments. Are we inflating another bubble?
That’s a valid concern, though I believe RML has proven its value proposition over years.
Doesn’t anyone care about the environmental impact of another luxury development in Phuket?
Phuket is already crowded, do we really need more luxury projects there?
It’s not just about need. It’s about an untapped market. High-net-worth individuals crave exclusivity.
But at what cost to the local culture and environment?
An 80% growth is quite ambitious. I hope they aren’t biting off more than they can chew.
RML has a solid track record; they meticulously plan their projects. Their leadership thinks far ahead.
Why is nobody talking about the risk for small investors in these bond offers?
Because small investors aren’t always the target for such opportunities. They’re designed for experienced investors.
I think RML’s strategy of focusing on high-net-worth individuals is brilliant. It’s a growing market.
Yeah, but isn’t this kind of exclusivity exactly what’s widening the economic gap?
There’s always going to be an audience for luxury. RML is just catering to it smartly.
Is it sustainable to keep building luxury villas catering to the wealthy?
As a local, I’m excited about job opportunities that this development could bring, despite the negatives.
Don’t forget that such projects also drive up living costs for the rest of us.
What about the wildlife in Phuket? Developments are a constant threat.
We need stricter regulations to protect what little nature we have left.
Investing in real estate remains a key strategy for long-term profits. RML’s approach is calculated.
Real estate’s still way more stable than cryptocurrency. I’ll take these bonds over crypto any day.
Can’t compare apples to oranges. Each has a different risk-reward profile.
Mixed-use developments are the future of urban planning. RML is ahead of the curve.
These kind of developments always appear like gated communities to me, closing out the average person.
The focus on ultra-luxury is testament to global economic polarization. But can it last forever?
History shows luxury markets have dips, but they always bounce back stronger.
I think RML’s bond success is less about them and more about the current low-interest-rate environment.
I see your point, but high-interest returns of 7.3% are hardly typical.