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Thai Condominium association upbeat market will pick up

Mar 01. 2017
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By The Nation

The Thai Condominium Association, Thai Real Estate Association and Housing Business Association are confident that the realestate industry will pick up early this year, setting the mood for a frenzied 36th House and Condo Show. 

The annual event to be held from March 912 at the Queen Sirikit National Convention Centre promises to enthral visitors with an impressive array of housing projects.

Wichai Poolworaluk, chairman of the organising committee, said today there are positive signs – political stability, still low interest rate for home loans and revival in private investment that has boosted employment and purchasing power. 

The government also now has clear investment plans with steady spending on infrastructure particularly rapid transit lines. 

“We therefore have confidence that the House and Condo Show will win an overwhelming response from prospective homebuyers.”

The organisers have received good cooperation from more than 200 developers, which will showcase over 1,100 properties across Thailand, including new launches. 

Financial institutions will be offering their services and credit checks. 

Spanning over 10,000 square metres of space, the show will feature 544 booths under the “Let’s get your bestination for your most beloved” concept. 

“We seek to communicate with people that the House and Condo Show is an important event for people who will start the new chapter of their life with their beloved. 

“Getting a home that fits your taste, sits in a good location and comes at a reasonable price is crucial to starting a family,” he said.

The show is expected to attract more than 100,000 attendees and generate sales of more than Bt11 billion – Bt4 billion during the event plus Bt7 billion later.

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