Property Choice stimulates demand for pre-owned homes with over 500 property items

ข่าวทั่วไป Monday July 25, 2005 11:06 —PRESS RELEASE LOCAL

Bangkok--Jul 25--Mastermind
Property Choice will be offering over 500 property items during the “NPA Grand Sale” from July 29 to 31 this year at Central Plaza Ladprao with special deal — only 5,000 baht deposit for booking as demand for pre-owned properties remain robust.
Annop Senasuttipan, Marketing Director of Capital Advisory Services (Thailand) Co., Ltd., operator of an asset management unit under the name “Property Choice”, disclosed the trend for the property business during the 5 remaining months in 2005, saying the overall property industry experienced a slow down following the oil price hike, high interest movements and lack of confidence in the future economy. “The results impact the purchasing power as well as purchasing decision. However, with the pre-owned homes, the trend remains positive as those looking to spend money on newly built units will be shifting their attention to the cheaper alternative. Those who are really putting a brake on buying are mostly those interested in medium-sized houses, whose prices start at 3 million baht,” he said.
“Pre-owned homes and new houses with medium price tags will continue to attract homebuyers. However, in order to see a clearer picture with regard to the current demand of the pre-owned homes, we need to check out the 4th NPA Grand Sale — an event co-hosted by the Home Loan Association, financial institutions and property developers. The mega property fair will be held at the Bangkok Convention Center on the 5th floor of Central Plaza Ladprao during July 29-31 this year from 10.00 am. until 8.00 pm. Property Choice will be participating in the event with over 500 pre-owned property items namely single-detached houses, townhouses, condominiums, commercial building and empty lots within Bangkok and its vicinity worth over 800 million baht to choose from,” he explained.
“Interested homebuyers can simply reserve the property items of their choice with only 5,000 baht deposit. Property Choice is prepared to provide comprehensive information with regard to the offered properties. The information includes project information, location, detailed conditions of the properties with electronic equipment ready to provided added information, while enjoying fun activities and getting nice souvenir,” he said, adding that his company would be ready to take interested homebuyers to the actual site to inspect the unit.
Among the outstanding property projects being offered by Property Choice during the fair are Liberty Plaza on Sukumvit 55 — 52.60 square meters office space worth 1.18 million baht; and Warocha 6 Project in Samutprakarn Province worth 572,880 baht. Other items include single-detached houses, twin houses, condominiums, commercial units and empty lots perfect for living and as lucrative investment. Details can be acquired at 0-2250-9500 or www.propertychoice.net.
Annop added people looking for homes should not miss the NPA Grand Sale because apart from property choice there are also 40 financial institutions participating to offer great choices of over 10,000 property units worth 100 billion baht in combined value with attractive discounts, promotions and interest rates. “It should be quite interesting especially when interest rates are rising,” he concluded.
“Property Choice” is operated by Capital Advisory Services (Thailand) Co., Ltd., leading operator with respect and recognition in the asset management industry, whose slogan is “Property Choice: Choice for homebuyers, alternative for good pre-owned homes”
For more information please contact:
Capital Advisory Services (Thailand) Limited
Tel.0-2250-9500 or www.propertychoice.net End.

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