Bangkok--8 Aug--Master Mind Communications
“Property Choice” stimulates movements within pre-owned home market with a series of auctions that includes over 27 property items and attractive promotions for modern homebuyers
“Property Choice” is offering attractive property items within the area of Minburi worth over 30 million baht in combined value during upcoming property auctions beginning on August 22 this year. The auctions are held in conjunction with the Legal Execution Department. Company executives are confident in the current popularity of pre-owned homes despite sluggish economy. Campaigns including 0% interest are being offered to attract buyers.
Kasig Sriswasdi, executive in charge of marketing and properties designated for sales of Capital Advisory Services (Thailand) Co., Ltd., operator of an asset management unit under the name “Property Choice”, disclosed that the Legal Execution Department along with Global Thai Property Mutual Fund and Palarp Property Management Co., Ltd., would host a series of auctions to unload over 27 property items in Minburi with combined appraised value of over 30 million baht. The attractive property items up for auctions include single-detached home, townhouse, condominium, suite, commercial building and empty lot.
There will be 4 auctions held to offer attractive property items within the area of Minburi on August 22, September 5, September 12 and September 19 this year at the designated office of the Legal Execution Department in each area the auctions take place starting at 9.00 am. The offered properties will have starting bid price equivalent to only 50%-80% of the official appraised value.
“The pre-owned home market is growing positively due to stimulating tax measures launched by the government. The current negative attributes such as rising oil prices, higher interest rates and unresolved political climate have affected the buying of brand-new homes. Pre-owned homes have become the choice with comparatively good location and at least 20% cost advantage,” he said.
Property items included in the latest property auctions are as follows: Single-detached housing project: Romsook Village 4 with area of 65 square wah and appraised value of 1.71 million baht; Anan Suksant Ramintra 5 with area of 138 square wah and appraised value of 1.44 million baht. Townhouse project: Sena Villa with area of 18 square wah and appraised value of 656,000 baht, Empty lots: on Suwintawong Road with area of 4 rai and appraised value of 7.2 million baht and Thanon Gold Ville with area of 103 square wah and appraised value of 1.03 million baht.
Apart from these property items, the company also has a group of attractive properties ready for sale with a number of attractive promotions to make the deal more interesting. Items with less than 500,000 baht price tag will receive 0% interest payment deal for 10 months. There is also referral fee equivalent to 2% of the sale price given to people referring buyers to the company. These special offers will last until December this year.
“The promotions are expected to help stimulate the interest among homebuyers, who are currently looking for affordable pre-owned homes. The sales of pre-owned homes have noticeably increased. Commercial banks unloading quality pre-owned property items during the second half of this year should be creating more benefits to homebuyers in terms of availability of choices. Demands for pre-owned homes should remain good despite the current economic slowdown since the costs of brand-new homes are rising in accordance to higher construction costs,” he explained.
As for the properties ready for sale, the company has in hand townhouses, empty lots and condominium, which include Sin Anant Project with area of 20 square wah and price tag of 434,000 baht; Asia Hometown with area of 16 square wah and price tag of 437,000 baht; Nirand Residence Condominium with price tag of 354,000 baht; Suan Luang Condotown with price tag of 431,000 baht and several empty lots.
Interested buyers can contact Property Choice Call Center directly at 0—2250-9500 or come in personally to pick up documents on the 32nd floor CRC Tower, All Seasons Place or check out details via Internet at www.propertychoice.net .
“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