EXCLUSIVE: More than one year after first declaring that Chinese buyers were firmly in its sights, listed property developer SC Asset Corporation will hold its first property exhibition in Beijing next weekend.
In June 2013 the company highlighted plans to expand its overseas customer base, buoyed in part by witnessing strong off-plan sales in Singapore for the Crest Sukhumvit 49 project, where it recorded more than THB600 million worth of transactions during a two-day exhibition in the city-state last year.
Next week SC Asset, along with its Singapore real estate agency, will showcase its Centric-Rachada Huay Khwang project (pictured) at an event in Beijing.
JM Loo, Associate Director for Business Development at SQFT Global Properties, told DDproperty.com she was extremely excited about the Chinese venture.
She said: “I believe that now is the right time to take Thailand projects to Chinese buyers. We held back but the interest is there now and we’re looking for similar sales in Beijing as those we saw in Singapore.”
Centric-Rachada Huay Khwang features 674 units raning in size upwards from 26 sqm over 20-storeys. It is located in the Rama 9 area – considered by many to by Bangkok’s new central business district – and is just one stop from the new Chinese Embassy. Prices start from THB3.3 million.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
Recent stories you may have missed:
MUST READ: Experts say why now is the time to buy Thailand
DO NOT MISS: Work starts on THB50bn waterfront development
Buyers are snapping up Bangkok CBD land
Singapore buyers still keen on Thailand property
Property prices rise across Bangkok
Pattaya: The infrastructure impact
If you have a news story or comment for publication about Thailand property or real estate email: andrew@propertyguru.com.sg