Nomura Real Estate to Join Luxury Condominium Development in Bangkok's Sathon Area
Nomura Real Estate Development Co., Ltd. will participate in the development of THE MONUMENT SATHON, a luxury condominium in the Sathon area of central Bangkok, Thailand. The project is a joint venture with major Thai real estate developer Sansiri Public Company Limited, marking the first collaboration between the two companies. The investment ratio is 45% for Nomura Real Estate and 55% for Sansiri, with sales scheduled to begin in September 2026.
The property is located a two-minute walk from "Saint Louis" Station on the BTS Dark Green Line, in an area with a concentration of offices, five-star hotels, and embassies. It is a 185-unit high-rise condominium with 29 floors above ground and three below, comprising one- to three-bedroom units and penthouses. Pets are allowed in all units, and the building provides 189 self-parking spaces.
Nomura Real Estate has previously participated in multiple residential developments in Thailand, including the more than 1,000-unit condominium PARK Origin Thonglor and Saile Uart. More recently, the company has continued expanding its overseas residential business, including participation in a luxury condominium development in Hanoi, Vietnam, and a rental housing business in London, United Kingdom (see related articles: Mitsubishi Estate and Nomura Real Estate Participate in Luxury Condominium Development in Hanoi, Vietnam; Nomura Real Estate Breaks Ground on First London Rental Housing Project).
Key Facts
- Property Name: THE MONUMENT SATHON
- Developers: Nomura Real Estate Development Co., Ltd. / Sansiri Public Company Limited
- Investment Ratio: Nomura Real Estate 45% / Sansiri 55%
- Location: Bang Rak District, Bangkok, Thailand (Sathon area)
- Nearest Station: BTS Dark Green Line “Saint Louis” Station (2 min walk)
- Number of Floors: 29F / B3
- Site Area: approximately 857 tsubo (approx. 30,500 sq. ft.)
- Total Units: 185
- Unit Layouts: One- to three-bedroom units (39 to 202 sq. m) / Penthouses (240 sq. m and 303 sq. m)
- Sales Launch: September 2026 (scheduled)
