TOKYO Tatemono’s Bt9-billion tie-up with local developer Raimon Land (RML) ushers in a new era for Bangkok’s vibrant property market where land prices have started to climb again after years of consolidation.

Listed property firm Raimon Land Plc has formed a joint venture with Japanese property firm Tokyo Tatemono Asia Pte Ltd to develop two condominium projects on  Sukhumvit and Sathorn at a total investment cost of Bt9 billion.