Q: Why should you buy a condo at the end of 2017?

Many potential condo buyers may find themselves asking this question as the year comes to a close. If you're still undecided about which condo to purchase, you might be thinking of waiting a bit longer before making a decision. However, this mindset is not ideal for 2017. As everyone knows, condos tend to appreciate in value over time due to various factors, including land prices and the development of new transit routes. Waiting too long will only lead to higher prices. In 2018, new condo launches are expected to see price increases, particularly in areas near transit lines, where land prices have risen by 15-20% annually. Even in urban locations like Ploenchit-Radio, prices are now at least 1.5 million THB per square wah, resulting in new condo projects needing to price units above 180,000 THB per square meter or 5 million THB per unit.

Seeing these rising land prices might not faze those who are financially prepared, but for those looking to buy a condo for personal use on a limited budget, TerraBKK is here to offer tips on how to choose the right condo at the best price during this end-of-year period.

It's important to note that at this time of year, developers are ramping up promotions to boost year-end sales, giving buyers more negotiating power compared to sellers, especially for completed condos.

If you are financially ready, you can secure a condo in a desirable location at an attractive price. Most of these projects also offer additional perks, such as waived maintenance fees, free transfer fees, and complimentary interior design packages.

Additionally, there are promotions in collaboration with banks to help buyers secure loans, allowing for 100% financing or special interest rates.

This means that purchasing a condo during this period can provide significant value for buyers.

In today's digital age, where online platforms heavily influence consumer purchasing decisions, gathering information online is crucial. Many real estate companies are now posting listings for buying, selling, and renting properties, leading to rapid updates of new information daily.

           

With the increasing amount of information available, finding the perfect condo can become more challenging for consumers. Therefore, utilizing the services of a Professional Real Estate Agent is essential. If you are a buyer, an agent can help you access condo projects that meet your needs, understand market trends, and gain valuable experience.

           Conversely, if you are a landlord or seller, an agent can simplify the process and increase your chances of reaching potential buyers or renters, even in a highly competitive market. This is why real estate agents are vital for your buying, selling, or renting needs.

However, when choosing a real estate agent, it is crucial to select a professional company to ensure you receive efficient and high-quality service. One of the Professional Agents in the market is Bangkok Citismart, which stands out from others due to:

  • 12 years of experience as a professional developer agent.
  • Strong financial backing, human resources, quality stock, and credibility.
  • Access to Super Deal units at the best prices in the market, with new promotions every month for all developers.
  • A diverse client base, including both Thai and foreign customers.
  • 360 Integrated Digital Marketing Support, providing targeted marketing strategies.
  • Services on a digital platform that is easily accessible via bkkcitismart.com, featuring comprehensive stock listings across all locations, catering to buying, selling, and renting through an accurate search system that displays results in both map and listing formats, with continuously updated information.
  • Targeting potential customers through pop-up sale galleries to serve both stock owners and clients in high-traffic areas.

We have shared strategies for buying condos at the end of the year and how to choose a real estate agent to assist in your home buying, selling, or renting journey.

Finally, TerraBKK would like to introduce 7 ready-to-move-in condos from AP, along with the campaign “CONDO GRAND SALE by BC”, which represents a golden opportunity for those seeking condos in the city center, located in 4 popular areas ideal for living and investment, such as the central Sukhumvit area, a prime location favored by Japanese and European residents, boasting an occupancy rate of 80%. This area is a lifestyle hub with convenient access to BTS and MRT, offering rental yields of 6-8% across three projects.

  • RHYTHM SUKHUMVIT 36-38
  • RHYTHM SUKHUMVIT 42
  • LIFE SUKHUMVIT 48

The Asoke-Rama 9 area is a CBD location with a relatively low cost of living, integrating office spaces, residences, and lifestyle amenities. It offers convenient access to BTS, MRT, and the Airport Rail Link, making it attractive for residents seeking a work-life balance.

  • RHYTHM ASOKE 1
  • RHYTHM ASOKE 2

Victory Monument Area

This is a major transportation hub, but development here is infrequent due to much of the land being state-owned and not available for freehold sale. Consequently, condos in this area tend to hold their value well and offer unique views, including:

  • RHYTHM RANGNAM

Thapra Area
This area is developing along the BTS Green Line extension, with many affordable new condos attracting first-jobbers. In the future, prices are expected to rise further with urban development.

  • ASPIRE SATHORN-TRAPHA

The “CONDO GRAND SALE by BC” event will take place on November 24th at the Grand Balloon Room, Grande Centre Point (Terminal 21) from 10:00 AM to 5:00 PM.

At the event, enjoy promotions with no additional costs, a loan interest rate of only 0.5%, and consultations with property experts who can assist with investment advice and immediate loan applications. Plus, there will be a lucky draw for a round-trip ticket to Europe worth over 200,000 THB.

To register for the event, click https://goo.gl/sNwKiZ or call for more details at 02-661-8999.

Thank you for the information from www.bkkcitismart.com