SENA is launching a powerful promotion for the Year of the Pig with 'Unbeatable Discounts' to support customer purchasing power and boost sales ahead of the LTV measures and rising interest rates. Customers can enjoy a 0 Baht down payment, 100% financing, and discounts of nearly 1,000,000 Baht. The campaign features 18 quality housing projects and condos ready for transfer in prime locations, with prices starting from 1.2 to 8.2 million Baht, starting today.

 

Associate Professor Dr. Kesara Thanyalakphak, Deputy CEO of SENA Development Public Company Limited, revealed that the real estate sector in 2019 will need to adapt again due to various internal and external factors, including a slowing global economy and the trade war between the U.S. and China, which will impact Thailand's economy and affect the purchasing power of the middle to lower classes that has not yet recovered well. Additionally, foreign purchasing power, especially from Chinese investors who previously bought properties in Thailand for investment and speculation, is expected to slow down as well.

 

 

However, the real estate business in 2019 still shows potential for growth, albeit at a reduced rate, supported by three factors: 1. GDP growth of around 4%, which is still positive; 2. The Bangkok and surrounding areas still have purchasing power and demand due to the population of Bangkok and the influx of workers; and 3. Investment in new electric train lines, with 10 routes under construction, providing developers with vast areas for condo development.

 

On the other hand, there are also three negative factors: 1. Rising interest rates, which will impact consumers' mortgage payments; 2. The LTV (Loan to Value) measures from the Bank of Thailand, effective April 1, which will require higher down payments for second homes and condos, increasing from 5% to 10-20%; and 3. The political election, which currently lacks a confirmed date, making it difficult to assess whether the election results will positively or negatively affect business.

 

This year, SENA is ready to continue its push into the real estate business, aiming to reinforce its record from last year when it launched the highest number of condominiums, ranking second in the real estate market. To stimulate demand and purchasing power from the start of the new year, SENA is offering special promotions and deals to create excitement and vibrancy in the real estate market with the campaign 'Unbeatable Discounts.' SENA is presenting a wide array of ready-to-move-in projects, including over 18 quality projects, single houses, shophouses, and condos in prime locations, making it a great opportunity for both personal residence and investment before the LTV measures come into effect on April 1.

 

Don't miss the highlights of the exciting early-year campaign 'Unbeatable Discounts' with booking, contract signing, and transfer available from today until the special units run out (limited quantity). Customers will receive exclusive offers, including: 1. 0 Baht down payment; 2. 100% financing; 3. Discounts of nearly 1,000,000 Baht*. For more information, please call 1775.

 

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