EXCLUSIVE: By Andrew Batt:
Thai property buyers have mimicked their Singaporean counterparts by snapping up units at SC Asset’s The Crest Sukhumvit 34 development in large numbers during presales events in Bangkok last weekend.
Representatives from Singapore real estate agency SQFT Global Properties, which sold 52 units during the development’s global launch in the city state earlier this month, were in Bangkok for the launch of Thailand presales last weekend.
Dave Loo, Managing Director of SQFT Global Properties, told DDProperty.com: “Last weekend’s events in Bangkok was pretty busy. It was mainly Thais who were buying at the project.”
Close to 60 units were understood to have been sold last weekend in Bangkok ahead of the official launch of sales at the project which took place on Monday.
The 28-storey freehold condominium, which will feature 265 units, is expected to be completed by the end of 2015. It will comprise 183 one-bedroom units (from 35 sqm to 53 sqm), 39 two-bedroom units (from 66 sqm to 77 sqm), 33 duplex apartments (from 82 sqm to 110 sqm) and 10 penthouses (from 86 sqm to 100 sqm).
Andrew Batt, Regional Group Editor of PropertyGuru, said: “Many people expressed surprised at the number of sales achieved during the Singapore global launch of this development, but the fact that Thais have now been buying in similar numbers shows there is something extremely appealing about this project.”
The Singapore event was the first time that SC Asset had exhibited and promoted its developments outside of Thailand.
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