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SG Strong interest in Thailand property

Property Here - Tuesday, November 05, 2013

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The growing trend of Singaporeans buying and investing in Thailand property was underlined when more than THB130 million (S$5.15 million) worth of deals were done at PropertyGuru’s third Thailand Property Show, which took place in Singapore last weekend.

The event, which was held in conjunction with DDproperty.com - Thailand’s number one property website and part of the PropertyGuru Group, saw close to 500 property buyers and investors attend and learn more about property buying and investing opportunities in the Land of Smiles, both from the exhibitors and also through a range of informative and educational seminars.

Contracts were signed for 28 units, and both attendees and exhibitors declared themselves pleased with the event.

Investor Tan Tok Kwong, who purchased a property at the event, said: “I came to the Thailand Property Show after I received an email from PropertyGuru. The seminars were very good, and allowed me to get a better understanding and feel more comfortable (about buying property in Thailand). I am a very careful investor and this event gave me good opportunities.”

Frank Khan, Executive Director and Head of Residential for Knight Frank, said the event was “outstanding”.

“We are certainly willing to attend future Thailand property exhibitions organised by PropertyGuru, especially in Singapore, Malaysia and Hong Kong,” he said.

Justin Sirias, Chief Executive Officer of Fat Property Asia, was also full of compliments and said: “It was a good event, and highly recommended.”

Sirisampan Srisawad, Vice President of Marketing and Sales Director for Homeciti Development, the developer of Miracle Hua Hin, added: “We (will) definitely come back to showcase our project in Singapore.”

Her project was exhibiting in Singapore for the very first time.

In addition to done deals, sales leads worth a potential THB706 million (S$28 million) were provided for exhibitors at the event.