Sukhumvit Asset Management Company Limited (SAM) has announced that it will hold Auction No. 13 this December and January 2025, featuring second-hand properties or non-performing assets (NPA) in prime locations nationwide, with special price reductions. These properties include residential and investment options such as single-family homes, duplexes, townhouses, condominiums, commercial buildings, vacant land, factories, and warehouses, totaling 55 items valued at 297 million baht. The auction will take place in two rounds on December 24, 2024, and January 7, 2025.

Additionally, SAM has launched the promotion “SAM Second-Hand Properties Must Share”, where referring SAM properties to friends or acquaintances can earn a referral fee of up to 3 million baht per item (for qualifying properties). SAM is also collaborating with leading banks, including Bangkok Bank, UOB, TMBThanachart Bank (ttb), Kasikorn Bank, and Government Housing Bank (GH Bank). Recently, GH Bank has introduced a special promotion for customers purchasing SAM properties and applying for loans by December 30, offering “Home Loans with Low Interest Rates to Celebrate GH Bank's 71st Anniversary” with a special fixed interest rate of just 0.71% for the first six months, with repayment terms of up to 40 years, subject to bank conditions.

Examples of Specially Priced Featured Properties

1. Single-family home, 2 stories, 5 bedrooms, 5 bathrooms, area of 104.4 sq.w. in the Perfect Place project, Ramkhamhaeng Road, Min Buri, Bangkok. Convenient access via major roads including Ramkhamhaeng Road, New Krungthep Kreetha Road, Kanchanaphisek Road, motorway, Orange Line Skytrain, Samakorn Station, and shopping malls The Paseo and The Nine. Originally priced at 11.32 million baht, now reduced by approximately 18% to a special starting price of 9.66 million baht.

2. Single-family home, 2 stories, area of 61.2 sq.w. in the Casa Legend project, Sriracha, Si Racha-Nong Kho Road (Highway 3241), Surasak Subdistrict, Si Racha District, Chonburi Province. Located in a residential area near J-Park shopping center. Originally priced at 6.4 million baht, now reduced by 7% to a special starting price of 5.96 million baht.

3. Commercial building, 4 stories, area of 1 rai 281 sq.w. on Sibsiri Road, Nai Mueang Subdistrict, Mueang District, Nakhon Ratchasima. Located in a residential and commercial area with convenient transportation. This property is suitable for service businesses requiring operational licenses, with spaces divided into service rooms, karaoke rooms, and restaurants. Originally priced at 49.66 million baht, now reduced by approximately 7% to a special starting price of 46.07 million baht.

Examples of Interesting Featured Properties

1. Commercial building, 3 stories with a loft and rooftop, area of 30 sq.w. on Charoen Nakhon Road, Klong Ton Sai Subdistrict, Klong San District, Bangkok. Located in a residential and commercial area with convenient transportation, near Icon Siam, Wongwian Yai, Wat Thong Phleng, and the Green Line Skytrain, Krung Thon Buri Station. Just 5 km from the Silom and Sathorn central areas. Starting price of 9 million baht.

2. Single-family home, 2 stories, area of 50.8 sq.w. in the Nature project (Pracha Uthit 76 - Ring Road) on Kanchanaphisek Ring Road, Thung Khru Subdistrict, Thung Khru District, Bangkok. Located in a residential and industrial area with complete utilities and convenient transportation, near Buranasuksas School and Wat Thung Khru. Starting price of 3.92 million baht.

3. Commercial building, 4 stories with a loft, consisting of 2 connected units, with 14 bedrooms and 5 bathrooms, area of 112 sq.w. on Bang Krui-Sai Noi Road (Highway 3215), Pimolrat Subdistrict, Bang Bua Thong District, Nonthaburi. Located in a residential and commercial area with convenient transportation, near Chonlada Hospital and Bang Bua Thong Municipality. Starting price of 8.69 million baht.

4. Single-family home, 2 stories, area of 55.5 sq.w. in the Perfect Place project, Thai Chamber of Commerce Road, Klong Phra Udom Subdistrict, Pak Kret District, Nonthaburi. Located in a residential area with convenient transportation, near Singapore International School of Nonthaburi, Klong Phra Udom Subdistrict Administrative Organization, and Triam Udom Suksa School. Starting price of 5.69 million baht.

5. Factory/warehouse, 2 units, area of 198 sq.w. in the Big Land Factory project on Phaholyothin Road (Highway 1), Klong One Subdistrict, Klong Luang District, Pathum Thani. Located in an industrial area near Thammasat University Hospital, Thammasat University Rangsit Campus, and Karun-Vet Hospital. Starting price of 14.12 million baht.

6. Vacant land, area of 20 rai 29.7 sq.w. on Sukhumvit Road (Highway 3), Pla Subdistrict, Ban Chang District, Rayong. Located in a residential and agricultural area near Ban Chang Hospital, Provincial Waterworks Authority, Ban Chang Branch, and Sajjhasuksa School. Starting price of 4.67 million baht.

7. Vacant land, area of 6 rai 344 sq.w. on Bang Khu Wat-Bang Bua Thong Road, Nonthaburi (Highway 345), Bang Khu Wat Subdistrict, Mueang District, Pathum Thani. Located in a residential and agricultural area with convenient transportation, near Wat Bang Khu Wat School and Pathum Demonstration School. Starting price of 32 million baht.

This auction features many interesting properties in prime locations across the country. Interested parties can register and submit their auction envelopes along with supporting documents for Auction No. 13.1 by December 16, 2024, with the auction envelope opening scheduled for December 24, 2024. For Auction No. 13.2, registration and submission of auction envelopes along with supporting documents must be completed by December 30, 2024, with the auction envelope opening on January 7, 2025, starting at 10:00 AM at SAM's headquarters, Sun Towers, Vibhavadi Rangsit Road, Bangkok. For more information, please contact the Call Center at 1443 / 02-686-1888 and view property details on the website at www.sam.or.th. You can also follow various online channels for quick and convenient updates by adding Line ID @Samline or following the Facebook Fanpage "Second-Hand Properties Must Share SAM" or the SAM NPA Channel on YouTube for the latest news from SAM.