Advertisement
Singapore markets close in 2 hours 52 minutes

  • Straits Times Index

    3,260.29
    +35.12 (+1.09%)
     

  • Nikkei

    37,552.75
    +114.14 (+0.30%)
     

  • Hang Seng

    16,808.36
    +296.67 (+1.80%)
     

  • FTSE 100

    8,023.87
    +128.02 (+1.62%)
     

  • Bitcoin USD

    66,626.80
    +241.59 (+0.36%)
     

  • CMC Crypto 200

    1,401.60
    -13.16 (-0.93%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • Dow

    38,239.98
    +253.58 (+0.67%)
     

  • Nasdaq

    15,451.31
    +169.30 (+1.11%)
     

  • Gold

    2,321.30
    -25.10 (-1.07%)
     

  • Crude Oil

    83.02
    +0.17 (+0.21%)
     

  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     

  • FTSE Bursa Malaysia

    1,564.61
    +5.02 (+0.32%)
     

  • Jakarta Composite Index

    7,120.97
    +47.15 (+0.67%)
     

  • PSE Index

    6,498.91
    +54.83 (+0.85%)
     

Singapore sales success for Thailand Property Showcase

PropertyGuru

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."

ADVERTISEMENT

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."

Related Stories:

Tiong Seng posts S$356m revenue for three quarters

UOL's profit down 13%

OUE to make decision on F&N bid next week

More from PropertyGuru:
Wheelock's Q3 profit sees 60% dip
Tiong Seng posts S$356m revenue for three quarters
UOL's profit down 13%
OUE to make decision on F&N bid next week