BAM puts up properties for sale at the 34th House and Condo Show

             To take action on government’s stimulus packages, BAM puts up over 350 attractive properties worth 3,500 million baht for sale at the 34^th House and Condo Show. It offers special deals including complimentary transfer fee for customers who make a purchase of no more than 2 million baht, and 0% interest for the first 6 month of installment plan and MLR BAM 6.5% per year afterwards.

             Mr. Somporn Moonsrikaew, BAM’s senior executive vice president, revealed that BAM has been continuing to boost sales this year. During March 10-13, BAM joined the 34^th House and Condo Show at Queen Sirikit National Convention Center putting up over 350 assets worth 3,500 million baht for sale including detached houses, townhouses, commercial buildings, condominiums, vacant lands, allocated lands, office buildings, and factories. The company offered 3 special deals for customers who made a reservation at the event.

             Deal 1: special discount for customers who made a purchase during December 18, 2015 – March 13, 2016 and complete the ownership transfer within April 28, 2016. The assets include a 71.2-sq.wah detached house in Parichat project, Ladkrabang, priced 3,950,000 baht; a Flora Ville condominium priced 27,000 baht per sq.m; an Aunchan condominium priced 12,700 baht per sq.m.; a vacant land at Kao Yao Casa priced 13,000 baht per sq.wah; a vacant land at Mountain View Kao Yai priced 10,000 baht per sq.wah; a vacant land in Sintorn-Rungsit project priced 11,500 baht per sq.wah; a vacant land in Saransiri project priced 13,000 baht per sq.wah; and Bansuan resort project priced 4,500 baht per sq.wah.

             Deal 2: government’s 0.01% transfer and mortgage registration fee measure with no preset spending limit for all types of assets. Moreover, customers who made a purchase of no more than 2 million baht at the 34^th House and Condo Show during March 10-13, 2016 will be honored with complimentary transfer fee (non-allocated land plots are included). They can also enter into installment plan with 0% interest rate for the first 6 months and MLR BAM of 6.5% per year afterwards.

             Deal 3: special loan deals from partner financial institutions. UOB offers zero-down payment and 100% maximum of loan approval. GSB offers residential loans with 4.5% fixed interest rate for 3 years, and TMB offers 3.99% interest rate for 3 years with free appraisal fee and fire insurance, while Bank of China offers averaged 3.90% interest rate for 3 years. This event was expected to generate 200 million baht.