Award-winning property development Up Ekamai has been attracting investors from throughout Asia in the past months, with Singaporeans and Malaysians snapping up units at the Bangkok project.
Last weekend Singapore real estate agency Trillion, which has also showcased the development in Kuala Lumpur, was exhibiting the project in Singapore.
Michael Bok, Group Director for Trillion, told DDproperty.com: “Bangkok has been picking up momentum again and we’ve managed to close several deals this weekend. Up Ekamai has also been attracting a lot of attention from Malaysians.”
The project was offering guaranteed returns of 7 percent guaranteed for two years, and according to Bok that’s something it needs to do.
“Ekamai is still off-the-radar to a certain extend for Singaporeans, so by offering guarantees it helps to reassure buyers and investors,” he said.
“Investors are certainly coming back to Bangkok,” he added, “and Ekamai is certainly an up-and-coming area for overseas investors.”
The same agency has also sold a significant number of units at TC Green on Rama 9.