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Thailand interest remains strong

PropertyGuru

There were no signs of declining interest in Thailand properties from Singapore buyers and investors last weekend when close to 100 people attended a one-day Thailand property exhibition featuring Circle Sukhumvit 31, the first time its developer Fragrant Group had showcased this project in the city-state.

Sophia Leung, Country Manager of the Singapore Business Unit of Fragrant Group, said: There is robust interest in Thailand Properties in Singapore. That is why our parent company (Fragrant Group) decided to set up a branch in Singapore last year to better serve our expanding clientele in Singapore and extend our reach.

In addition, Thailand is a Popular Property Investment and Tourist Destination and it will continue to remain so, especially with AEC coming into force at the end of this year, as well as the push for several Infrastructure Development projects such as the multi-billion International Railway Projects being planned with China and Japan.

"With these Infrastructure Developments, it will have the potential to become a major Transportation Hub of Asia, she added.

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Christian Glanville, Chief Executive Officer of Limcharoen Legal, was also on hand to provide legal answers to questions from potential buyers and investors.

When completed in 2016 Circle Sukhumvit 31 will offer its residents an urban living and eco-innovative lifestyle on Bangkoks Sukhumvit a prime location with one of the fastest-rising land prices anywhere Thailand.

The area is popular with both international investors and Thais, and is located near the Phrom Phong mass transit BTS station as well as the EM District and Japan Town.

Designed for smart city-living, Circle Sukhumvit 31 reflects the pinnacle of contemporary living in harmony with nature. Features will include fully-multi-functional furniture, solar shield, underwater aquasonic speakers for the swimming Pool, heat recovery and water recycling systems.

Andrew Batt, International Group Editor ofPropertyGuru Group, wrote this story. To contact him about this or other stories emailandrew@propertyguru.com.sg

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