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Big legs, real estate, go ahead with big projects penetrate Chinese customers not waiting for the new government

Real estate pins big projects Penetrate foreign customers market, focus on China Transform land in a golden location Create a new landmark push up land prices without waiting for the new government

Real estate business moves forward, expanding investment in large-scale mixed-use projects Build an empire as a one-stop city Supporting both Thais and foreigners more, including joint ventures with multinational allies, both developing and attracting foreign purchasing power to buy housing in Thailand, especially China, because domestic purchasing power is limited. High credit rejection in the midst of challenges from all around risk factors including the increase in policy interest rates, inflation, energy costs, both fuel and electricity

Including economic uncertainty, political conflicts, variables that cause delays in decision-making. This is in line with the forecasts of the Real Estate Information Center. Government Housing Bank (REIC) stated that the first half of this year. purchasing power slows down due to economic stimulus measures has been cancelled, especially LTV (Loan to Value), the ratio of home loans compared to the value and estimated that in the second half of the year the situation would begin to improve because he began to see the face of the government

Major real estate development companies with movement Go ahead, don't wait for the new government. And aiming to penetrate the Chinese market, starting with the group of Mr. Pongsak Former Raktapongpaisan Minister of Energy In the government, Ms. Yingluck Shinawatra ambushed and transformed the land of Lam Luk Ka Klong 11. Pathum Thani Province, an area of over 2,000 rai, worth more than 30 billion baht, developed into a mixed-use city "Reignwood Park" (Rainwood Park)

Of course, it will create prosperity for the area. including golf courses, luxury mansions, condominiums, leading hotels, international schools Sports centers or sports clubs, etc., which are currently under development. By Mr. Pongsak Has assigned all 3 heirs to take full management It is estimated that the first phase will be completed by the end of this year. hole and clubhouse which is expected to be the new world-class golf tournament destination in Thailand Assess that land prices in the area will increase in value. From the prosperity to reach the area

For example, with Country Group Development Public Company Limited or CGD, expanding the empire along the Chao Phraya River. Transforming land in prime location, 23 rai, developing mixed-use areas in Rama 3 area, with international schools - luxury condos, worth a total of 14,200 million baht, piloting the construction of premium international schools with world-class courses Expected to start teaching in the first academic year in 2025

Mr. Ben Taechaubol, Chief Executive Officer of CGD, reflected that the company has built on its success towards developing a new large mixed-use project. On the Industrial Ring Road in the Rama 3 area that will be a new landmark. In this area where prosperity has spread to such zones Especially the location along the Chao Phraya River is of interest to foreigners.

An eye-catching location and a Chinese empire. Including the Ratchada-Huay Kwang area where Mr. Bodinthorn Juangroongruangkit Chief Executive Officer, Real Asset Development Co., Ltd. or REAL ASSET to pin luxury condominium projects targeting Chinese customers. Which is estimated to be a significant purchasing power near MRT Huai Khwang, is a joint venture project with partner Sotetsu Real Estate (Thailand) Co., Ltd., a business operator. Transportation and real estate from Japan with more than 30 years of experience.

Consistent with Mr. Prasert Taedullayasatit, Chief Executive Officer Real Estate Business Division, Ananda Development Public Company Limited said The company prepares money to buy land worth not less than 7-8 billion baht, targeting locations in the city next to the BTS station And there are plans to combine capital projects with partners. from European countries

Most recently, Ananda continues to expand opportunities to penetrate foreign customers. After seeing the demand for foreigners to buy housing in Thailand again, Ananda has more than 30 ready-to-move-in projects in prime locations in the heart of the city with a total value of 34,000 million baht.

That is ready for investors and residents to own at a time when the demand for Thai real estate from foreign countries continues to skyrocket. which joining hands with partners Beyond 360 Property Experts in international markets will help strengthen the business to expand into markets in various countries such as China, Hong Kong, Taiwan, Singapore and Malaysia. extremely important to business because Thailand is considered the top choice for investment in real estate and is the purchase of a second home for foreigners

After the real estate market in Thailand has become bustling again, Ananda has joined hands with more than 200 leading foreign business partners from Japan, the UK, China, Myanmar, Taiwan, Hong Kong and the US. To expand the customer base in the world market, Ananda is considered the first Thai real estate company to join forces with many foreign partners.

All of them have expertise and insights into the market needs of that country. Therefore ensuring that the project of Ananda It will be well received by both domestic and foreign customers. In addition to Ananda will be known and trusted by the real estate community The project can also meet a variety of needs.

While Camp Origin is not inferior Enter the real estate market on the Bangna location to connect Eastern Special Development Zone (EEC), logistics, hospitals, health centers, including Supalai camps that are viewed as Condominiums have returned to demand after the latest COVID-19 situation has turned land plots in prime locations in the Phatthanakan-Ekamai area, covering an area of 13 rai, developing condominium projects and commercial areas to support purchasing power and the Yellow Line train that is currently open for service.





Source:https://www.thansettakij.com/real-estate/567129

Date 5/06/2023

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