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Property

Tokyo developer plans $260m luxury condo project in Bangkok

New high-rises to spring up in expat-friendly Sukhumvit and Sathorn areas

Bright lights, big city: Tokyo Tatemono is the latest Japanese developer to be drawn to Bangkok.   © Reuters

TOKYO -- Developer Tokyo Tatemono will build two high-rise condominiums in Bangkok in a foray into Thailand, joining other Japanese property groups seeking growth in booming Asian emerging markets.

Japan's 10th-largest listed real estate group by sales will work with local partner Raimon Land for the project, estimated to cost around 28 billion yen ($260 million).

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