One inflation-proof investment perhaps worth considering is buying a condominium for rent. With good management and prudent procedures, investing in a condominium and then offering it for rent will generate much higher returns than leaving your money in bank deposits. Continue reading
The listed developer Sansiri Plc (SIRI) plans to develop 300 units of high-end single houses worth 5.4 billion baht next year with an investment of around 800 million baht for new land plots in the Srinakarin, Ekamai-Rarm Intra and Kallapapruek areas, says Samatcha Promsiri, the company’s assistant vice-president for marketing. Continue reading
The 5.25-kilometre stretch from Onnut to Bearing, at the end of Sukhumvit Road where the Skytrain route has been extended, is witnessing high real-estate demand.
Many property developers are hastening their efforts in marketing new projects along the route which are expected to attract people looking for a more convenient commute. Continue reading
Every unit in Sansiri´s latest Bangkok condominium project have been sold out a full five months before construction is scheduled to start.
Units in the 31-storey Hive, set to be built on the doorstep of Charoen Nakorn BTS station, started from Bt2.9 million and ranged in size from 40 to 99.5sqm. The development will include a swimming pool, garden, fitness room and concierge service. Continue reading