Connect with us

Real Estate

Phuket condo draws young buyers

Affordable for young and first-time home buyers, as well as practical and convenient, Connext Condo is and eight-story community concept with professional sport and leisure facilities, which is proving a winning feature.

Avatar

Published

on

Affordable for young and first-time home buyers, as well as practical and convenient, Connext Condo is and eight-story community concept with professional sport and leisure facilities, which is proving a winning feature.

Connext Condo is the first condominium project by family-run residential real estate developer, Phuket Thanee, which has branched out from conventional mixed-use communities under second-generation management after about 10 years in the property business.

Affordable for young and first-time home buyers, Phuket Thanee Executive Director Sales & Marketing, Ms Peeraya Teowattanakul, said the eight-story community concept comes with professional sport and leisure facilities, which is proving to be a winning feature.

“Most of the buyers are aged 30-35 years old. The mix-and-match concept of ‘Life, Work, Play’ with an Olympic length swimming pool and world-class leisure and fitness facilities on the doorstep appeals to today’s generation of home buyers, as does the affordable entry price,” she said.

– See more at: http://www.property-report.com/phuket-sport-condo-draws-young-buyers-31127#sthash.3MGSHv5D.dpuf

 

Thailand Investment

Additionally, the law prescribes that any form of business done within the condominium building be situated in such a way that it would not disturb the peace and tranquillity of the other co-owners. Furthermore, an additional entrance is required to be kept separate for the exclusive use of these businesses.

As an added measure of protection, the duty of paying taxes, common service expenses, and common maintenance of unsold condominium units has now been delegated by the law unto the developer. This measure has been enacted in order to prevent the pernicious practice of expending a condominium’s maintenance fund in order to answer for expenses and fees incurred by unsold units. A condominium owner has the right therefore to resist any attempt on the part of the condominium to collect fees or resort to the maintenance fund in order to pay for these kinds of expenses.

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Real Estate

Condominium Developers Diversify into Recurring Income Properties

A slowdown in the condominium market has encouraged major residential developers to consider diversifying their portfolio into other property sectors such as office, hotel, and serviced apartment.

Avatar

Published

on

The recent restrictive measures from the Bank of Thailand (BOT) have continued to cast a shadow over Bangkok’s condominium market since the beginning of this year.

(more…)

Continue Reading

Ecommerce

Retail in the age of social media

E-commerce is becoming easier and faster, making it increasingly popular. Recently, Instagram introduced a shopping feature that allows users to purchase products within the app.

Avatar

Published

on

Social media is transforming retail and expanding the e-commerce world. It goes without saying that the presence of social media in any retail store is critical to its marketing and sales reach.

(more…)

Continue Reading

Property

Record low sales rate hits Bangkok condo market

Bangkok hit a decade-long record for new condos entering the market, with 65,000 new units launched throughout 2018, but the sales rate fell to a 15.7% record low.

Olivier Languepin

Published

on

The sales rate for new condos launched in Bangkok in the second quarter fell to 15.7 %, an all-time low, beating the lowest previous quarter (35%) in 2010 when the “red shirt” political crisis brought Bangkok to a standstill.

(more…)

Continue Reading

Most Read

Upcoming Events

Nov 06

2nd World Congress on Pediatrics and Child care

November 6 @ 8:00 am - November 7 @ 7:00 pm BMT
Radisson Hotel Narita
Tomisato-shi
Nov 07

3rd World Congress On Gynecology, Obstetrics & Reproductive Health

November 7 @ 9:00 am - November 8 @ 4:00 pm BMT
Nov 11

Digital Marketing Summit Asia 2019

November 11 - November 15

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,612 other subscribers

Trending