Siamese Asset has been one of the fastest growing property developers in Thailand during the past five years and this growth hasn’t gone unnoticed. Buyers from abroad are now seriously considering the company projects as they look for investment opportunities in the country.
Simon Lee, an executive of Angel Real Estate Consultancy specialises in service and project marketing in Thailand, tells the Bangkok Post that Siamese Asset’s success is due to the attractive designs of its projects, good locations, quality of construction, quality maintenance, and pricing, which is 15-20 per cent lower than many of the company’s competitors who focus on building in the same market segment. These factors allow investors to enjoy high capital gains and high rental yields or easily resell their properties with potentially high profits. These are the things that most foreign investors care about when considering an investment.
Foreign investors can also understand that Siamese Asset’s development had been recognised both locally and internationally. Several of the firm’s projects have garnered international awards which is seen as an important benchmark in the eyes of some buyers from abroad.
Siamese Asset’s most recent launch was the first phase of the Blossom Condo@Sathorn-Charoenrat condo project (imaged). That project sold out in just two months with domestic and foreign buyers taking up units at the development.
