<\/span>Knight Frank Thailand<\/strong><\/span> has launched its International Project Marketing (IPM) service, as stated by <\/span>Mr. Frank Khan, Executive Director and Head of Residential Advisory<\/span><\/strong>, who said, "The IPM service aims to bring leading condominium projects to buyers in the Asia-Pacific market and introduce these projects to potential foreign buyers. It also facilitates foreign buyers and investors interested in purchasing condominiums in Thailand. We organize project showcase events (Road Show Events), develop marketing strategies, and provide consulting by marketing experts. Additionally, we have a global service network, allowing clients to trust our marketing team to successfully introduce developers' condominium projects to key real estate markets such as Hong Kong, Singapore, Malaysia, and China. At the same time, this comprehensive service streamlines the investment process for foreign investors and related investment services, making it more convenient for them.”<\/span><\/p>

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The IPM team is led by <\/span>Mr. Frank Khan, Executive Director and Head of Residential Advisory at Knight Frank Thailand<\/strong> and <\/span>Mr. Marciano Bergmohan, Assistant Director of International Marketing and Sales<\/strong><\/span><\/p>

Mr. Frank Khan<\/strong><\/span> added, “<\/span>Investing in Thailand offers significant advantages regarding capital gains tax. Moreover, property tax rates in Thailand are among the lowest in Southeast Asia, and in some cases, the developer covers part of the stamp duty and transfer fees for new property transactions.”<\/span><\/p>

         Recently, Knight Frank Thailand's IPM team showcased the Nish Mono Sukhumvit – Bearing condominium project in Hong Kong. In the first week of the pre-sale event, sales reached 50% of the allocated units, with most purchases intended for long-term investment, considering the project's attractive location, beautiful views, complete amenities, and spacious living areas.<\/span><\/p>

         <\/span>Mr. Marciano Bergmohan, Assistant Director of International Marketing and Sales at Knight Frank Thailand<\/strong> said, "Hong Kong has become a lucrative yet highly competitive market for developers from Thailand, especially for projects in the Sukhumvit area. However, buyers are particularly interested in high-rise projects with units larger than 31 square meters. Being a publicly listed development company makes the purchasing decision easier for customers." Investors in Hong Kong are looking to diversify their investments into real estate, but with property prices in the Hong Kong market being excessively high, the prices of condominiums in Bangkok are appealing when compared to housing in Hong Kong.<\/span><\/p>

Nevertheless, the IPM service in Hong Kong has received a positive response and is attracting investors from Singapore, Malaysia, and China as well.<\/span><\/p>

         Currently, Bangkok is undergoing significant development in expanding its mass transit system and major projects such as Bang Sue Grand Station, Bangkok Mall, and One Bangkok, mostly located in the outskirts, making it an attractive point for Hong Kong residents who intend to hold their investments for at least 3 to 5 years, expecting attractive returns during that time, along with stable rental yields while holding the property. Traveling from Hong Kong to Bangkok is convenient, with affordable flight tickets and a travel time of just a few hours. This convenience, along with a low cost of living, encourages Hong Kong buyers to invest as if it were a second home.<\/span><\/p>

         Although Malaysia remains an important country despite the depreciation of the ringgit, we have organized sales events to educate and support buyers. We have firsthand experience that Malaysian investors prefer to leverage mortgage loans for property purchases, while many of our projects are attractively priced, allowing mainland Chinese buyers to transfer funds without restrictions. Soon, our IPM service will conduct sales in various foreign markets across Asia and expand our services to several public real estate developers, with Knight Frank ensuring that clients and developers receive satisfactory service in return.<\/span><\/p>

Thank you for the information from www.knightfrank.co.th<\/a>

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