Foreigners targeted for Bangkok condos | Bangkok Post: property

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Foreigners targeted for Bangkok condos

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After selling 41 condo units at a new project on Surawong Road to Singaporean buyers in mid-September, the property developer Siamese Asset Co aims to sell 30 more and will close a deal to sell 100 units at another site to a Japanese agent in October. 

An artist’s conception of Siamese Nang Linchee on Rama III Soi 73.

Managing director Kajohn Sae-Eng said Singaporeans are buying Thai property as the prices remain relatively low, so they expect to reap a capital gain in the future.

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