SAM Selects Prime Properties for Residential Use Nationwide, Total Value 60 Million Baht, Special Auction on January 7, 2025
Sukhumvit Asset Management Company Limited (SAM) has announced that SAM has selected second-hand properties or non-performing assets (NPA) for residential use in prime locations across the country, with special price reductions on 18 listings totaling 60 million baht. These include single houses, duplexes, townhouses, residential condos, commercial buildings, and vacant land, available for interested bidders on January 7, 2025.
Additionally, a promotion called “SAM Second-Hand Properties Must Share” is being offered, where referring SAM properties to friends or acquaintances can earn up to 3 million baht per listing (for qualifying properties). SAM is also collaborating with leading banks, including Bangkok Bank, UOB, TMBThanachart Bank (ttb), Kasikorn Bank, and Government Housing Bank (GHB), with conditions set by the banks.
Examples of Featured Properties at Special Prices
1. Three-Story Townhouse with 3 Bedrooms and 3 Bathrooms, Area 27.7 sq.w., located in the Nature Home Project on Phetkasem Road (Highway 4), Bangkae District, Bangkok. The property is situated in a residential area near Denla Kindergarten, Bunyavej Hospital, Big C Supercenter Phetkasem 1, Major Cineplex Phetkasem, and HomePro Phetkasem. Starting price: 3 million baht.
2. Four-Story Commercial Building with a Mezzanine, Area 25.3 sq.w., located on Tiwanon Road, Ban Mai Subdistrict, Pak Kret District, Nonthaburi. The property is in a residential and commercial area with convenient transportation and complete utilities, near Phra Haruthai Nonthaburi School, Palina Kindergarten, and Robinson Lifestyle Srinakarin. Price reduced from 6.3 million baht by approximately 6.7% to a special starting price of 5.9 million baht.
3. Two-Story Commercial Building with 3 Bedrooms and 2 Bathrooms, Area 39.6 sq.w., located on Thetsaban Bamrung Road, Tha Chang Subdistrict, Mueang Phang Nga District, Phang Nga. The property is in a residential and commercial area near the Regional Port Authority Office, Phang Nga Teacher's Savings Cooperative, and the Phang Nga Land Reform Office. Price reduced from 4.78 million baht by approximately 12% to a special starting price of 4.23 million baht.
4. Four-Story Commercial Building, Area 24.3 sq.w., price reduced from 8.33 million baht by approximately 9% to a special starting price of 7.64 million baht. Another four-story commercial building, Area 20 sq.w., price reduced from 8.5 million baht by approximately 7.8% to a special starting price of 7.88 million baht. Both properties are located in the Billion Baht Property Project on Ratchapatanusorn Road, Patong Subdistrict, Kathu District, Phuket, near Patong Municipality Office, Patong Municipality School, Patong Hospital, and Kathu Police Station, just 2 km from Patong Beach.
This auction features many other interesting properties in prime locations across the country. Interested parties can register and submit their auction envelopes along with supporting documents for Auction No. 14 by December 30, 2024, with the opening of auction envelopes on January 7, 2025 starting at 10:00 AM at SAM's headquarters, Sun Towers Building, Vibhavadi Rangsit Road, Bangkok. For more details, 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, following the Facebook Fanpage for Second-Hand Properties from SAM, or the SAM NPA Channel on YouTube for the latest news from SAM.