BAM is organizing a real estate expo in five locations in Bangkok and targeting 200 million baht sales.

          Continuing the success, BAM is organizing a real estate expo choosing only the good quality assets with good location including house, land, and condo for the customers. Moreover, it offers special promotions for those who purchase at the booth in an amount of not exceeding Baht 3 million with free transferring ownership fee, plus many more special prizes in celebrating BAM 15th Anniversary.

          Mr.Krit Sesavej, the President of Bangkok Commercial Asset Management Co., Ltd., or BAM said that BAM is still focusing on selling the assets this year in which we are organizing the real estate expo between March 13th-20th, 2013 selecting only “BAM Best Choice” from both in and outside Bangkok with 20-30% discounts such as vacant land, house, townhouse, condominium to present to customers at 5 different places of the town which are  Future Park Rangsit, Central Cheangwatthana, The Mall Bangkapi, The Mall Bangkae, and Seacon Square Srinakarin.

          Some of the outstanding properties for sale that BAM has chosen to present to customers include; The Floraville Condo Project on Soi Phatthanakarn51 near Airport link with special price starting at 30,000 Baht per square meter, The President Parkville Tower Condo Project, located on Sukhumvit 24 near BTS Phrompong station with special price starting at 65,000 baht per square meter, Twintower Condo Project on Changwattana-Prakkred road starting at the price of 500,000 baht per unit, Perfect Place Project, a two stories house on Bangnatrad road with special price starting at 3,849,000 Baht etc. to which  we expect the sale volume to reach up to Baht 200 million.

          Promotions for customers who purchase at the booth such as free transferring ownership fee with the purchase not over Baht 3 million. Moreover, anyone who purchase and transfer the ownership within December 15th, 2013 will be able to win the special prize in the occasion of celebrating BAM 15th Anniversary. The prizes such as 2 prizes for Suzuki Swift car, 6 prizes for package tour for two to Korea, 3 prizes for 20,000 baht PTT gas voucher, and 68 prizes for Tesco Lotus 5,000 baht Voucher, in total of 99 prizes. (Except the customer who purchase and pay by installment with BAM) Nevertheless, the customer who won the prize will be responsible for 5% taxes of each item.

          Moreover, customers who purchase properties for sale like the accommodation with BAM, Government Saving Bank offers housing loan with fixed interest rate at 4.5% for 3 years, plus free appraisal fee, and customers can borrow up to 90% of the price. As for TMB Bank Public Company Limited, the interest rate is 0% for 2 months, with free asset survey fee, and free fire insurance.

          The President of BAM estimated the direction of the real estate sector in 2013 that the overall of the business is still growing as the economy is recovering. However, the main factor is the increasing number of people who still need the accommodation both the new and second home, and especially the condominium which was widely constructed. Besides, the real estate in Northeastern near the fast train, such province as Nongkai, Udonthani, Khonkan are also booming due to the diversification of investors.

          The President of BAM also said that there is no sign of the possibility of the Bubble Economy to happen in real estate business any time soon because the concerned institutions can control the inflation while the interest rate is not very high, and real estate loan is still growing rapidly while the NPL still remains low.