Stock market volatility after the election From anxiety about political instability! The global economic slowdown, along with high levels of inflation, encourage “investment properties” to gain more attention from investors.
Chanin Vanichwong, Chief Executive Officer of Habitat Group Co., Ltd., said that nowadays, the trend of investing in the new generation aged 30-40 years old is turning their attention to investing in condominiums as an asset and an opportunity to generate short-term returns and more long term Especially those that have achieved success quite recently. Want to invest money to buy condominiums at the price range of 5-8 million baht to generate long-term returns (Passive Income) instead of investing in the stock market only due to high volatility
compared to investing in the stock market “Real estate” is less risky! Because it is a factor 4, together with the tourism situation continues to recover Especially Pattaya Important tourist attractions and popular with tourists around the world. Real estate prices are not too high. Before the situation of COVID-19 There are more than 18 million tourists come to relax every year.
Such direction makes the project in the style of "lifestyle investment" which can generate long-term returns. The rental yield is higher than that of condos because there is a professional management system to manage various projects. In the form of a resort hotel, investors don't have to worry about taking care of their assets or finding tenants themselves.
In the past, Habitat Group has invested in the development of 8 real estate projects for investment in Pattaya worth 6,000 million baht, 4 of which are open for service in the form of hotels and pool villas, namely The Ville, Jomtien, X2 Vibe Pattaya Seaphere, X2 Pattaya Oceanphere, Bayphere Hotel Pattaya In 2023, four more hotels will be opened: Bayphere Premier Suites. Open for service in the 3rd quarter, Wyndham Atlas Wongamat Pattaya, Bluephere Pattaya, open for service in the 4th quarter, and Ramada Mira North Pattaya will open for service in 2024.
Siripong Srisawangwong, chief executive officer of investment properties, Origin Property Public Company Limited, stated that the flow of buying real estate for investment, known as the Investment Property Program or IP Program, is managed by professional team more popular Reflected from projects in the Origin group, during the past 2 years that the IP Program system has been used, there are investors who buy serviced residences. More than 2,000 units of investment apartments from 10 projects that Origin has sold through the system plan for the next 2 years (2024-2025) to increase the portfolio to 5,000 units.
“IP Program is a new real estate investment concept. which is a purchase for a specific investment The investors who buy a room in the project will have the right to own the title deed. Able to buy-sell and change hands can be given as an inheritance or used as an asset to guarantee credit as well
The return or dividend from the investment will vary depending on the location where the real estate is located, for example, in the city area of Thonglor or Sukhumvit 24, the average rental fee is 800-900 baht per square meter, and the provincial location is 300-400. baht per square meter
For investment properties, the latest project to be marketed and sold to investors via IP Program is Origin Place Bangna, a serviced apartment with 399 units expected to attract investors' attention.
Recently, the Charn Issara group Development, together with V, Beyond and IFCG, which operate real estate brokerage business for investment. to expand sales channels for Charn Issara's projects 2 development projects, namely Blue Diamond, 30-40 units and The Issara Chiang Mai, 100 units, to present to a group of investors to diversify investment risks. Expected to increase sales by 10%
Source:https://www.bangkokbiznews.com/property/1071294
Date 1/06/2023