LPN is launching the campaign ‘Lumpini Outlet Prices’ for the last 15 days before the LTV measures come into effect, targeting true fans of ‘Lumpini’ for both personal living and investment. The expected yield is around 5%, with the best selling prices starting from 900,000 to 8.9 million baht. This includes ready-to-move-in houses, townhomes, and condos in Bangkok and its vicinity across 16 projects with over 660 units valued at 1.16 billion baht. Ownership is easy with a reservation fee starting at just 5,000 baht for condos and 10,000 baht for houses, along with special interest rates from banks before the Loan to Value (LTV) measure requires a 20% down payment. The ‘Lumpini’ brand guarantees that these assets will appreciate in value due to professional management strategies focused on creating ‘livable communities’ and quality locations, available only until the end of March.


          Mr. Opas Sripakdi, CEO and Managing Director of L.P.N. Development Public Company Limited (LPN),  revealed that before the implementation of the Loan to Value (LTV) control measures, which will increase the down payment for purchasing a second home to 20% as announced by the Bank of Thailand on April 1, 2019, the company has organized a marketing campaign under the name ‘Lumpini Outlet Prices’ to create opportunities for customers to easily own houses, townhomes, and ready-to-move-in condos while benefiting from current interest rates before banks gradually raise them in line with the Monetary Policy Committee of the Bank of Thailand (MPC). It is evident that some banks have already increased their loan interest rates, and it is anticipated that the MPC will announce another rate hike this year.

 


          Under this campaign, the company has selected 16 projects in quality locations, offering over 660 units valued at a total of 1.16 billion baht. Customers can reserve with a starting fee of 5,000 baht for condos and 10,000 baht for houses, making it a great opportunity for those looking to buy for personal use, with prices starting at just 900,000 to 8.9 million baht. For investors, it is well-known that the company’s products are in high demand in the market, with continuous rental demand, making it easy to lease out. Brokerage agencies are available in every project to facilitate leasing and sales, with an average rental yield of 5%, making it a worthwhile investment. Additionally, LPN has a subsidiary, Lumpini Property Management Co., Ltd. (LPP), which professionally manages properties after customers move in, ensuring a high quality of life, community, and environment. Currently, LPP also manages properties for other real estate developers.

 


          “The awareness of the LTV measures has led customers to expedite their purchasing and transfer of ownership in the past two months. It is expected that this special campaign will meet the set targets and represents the final opportunity not to be missed for purchasing assets under the existing conditions, which will only increase in value over time. The campaign officially starts from March 16-31 at all 16 project sales offices. For more information, contact the LPN Call Center at 02-689-6888.

 

 

 

 

 

 

 

 

Thank you for the information from  www.lpn.co.th