By Andrew Batt:
Property worth more than THB 88 million was sold during the recent Thailand Property Showcase, the first multi-developer Thailand property exhibition to take place in Singapore.
The event, organised by PropertyGuru and its Thailand website DDproperty.com, saw 16 units transacted at the two-day event, as well as generating an additional 646 leads for exhibitors worth more than THB 3.3 billion.
A spokesman for Knight Frank, one of the exhibitor companies, described the event as being: "A great platform for Thai property". The developer of H-Condominium, another exhibitor, said: "We were very impressed with how well the event was organised. The traffic we saw was far beyond our expectations."
The event showcased 10 developments from Bangkok, Hua Hin and Phuket. Attendees also learned from experts and market-watchers in popular seminar sessions.
Thailand properties have been growing in popularity with Singaporean buyers this year, and the Thailand Property Showcase is further evidence of this, says Andrew Batt, International Group Editor of PropertyGuru.
He added: "It came as a surprise to many visitors that property prices in Thailand have been more stable than those in Singapore over the last five years. Singapore prices are volatile whereas the house price trend in Thailand is far more stable in Thailand."
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