'Okas Agency' targets real estate investors during a downturn in the overall market, seizing the golden opportunity to invest in IP projects that have reduced prices to attract buyers. They reveal quality projects in prime locations such as 'Sukhumvit, Thonglor, Asoke, and Rama 9', confident in Thailand's long-term potential as the Thai real estate market recovers, supporting rental yields of 5-8%.

Mr. Pattharaphurit Rungjaturapat, Managing Director of Okas Agency Co., Ltd., an investment consultancy in real estate and new property management, stated that although the current economic situation affects the Thai real estate market, it presents an opportunity for buyers, especially those with liquid cash. All projects are implementing sales strategies and attractive promotions, making it a golden time to own quality projects at lower prices. It is anticipated that the economy and tourism will fully recover within the next 3-5 years.

Thus, this period is seen as an opportunity for investors to own quality properties at reduced prices, particularly in high-demand locations for buying and renting, such as Sukhumvit, Thonglor, Asoke, and Rama 9. Currently, the average rental yield is as high as 5-6% per year, and it is expected that yields will increase further as the economy recovers, with yields projected to reach between 5% and 8%, which is a very high and achievable return.

“Although the rental market in the country has faced issues of oversupply and has been pressured by economic downturns over the past 1-2 years, leading to a significant reduction in long-term rental yields to just 2-3%, which is low compared to other investment options, we see the potential of Thailand, which has advantages in tourism. We are confident that the rental market will rebound in the next 3-5 years when tourists return, and we believe that short-term rentals can generate average yields of 5-8% for investors,” he added.

Furthermore, Okas Agency has conceptualized the management of IP projects in the form of Branded Residences or collaborations with well-known brands to elevate and differentiate the projects through the strengths of their partners. This is underpinned by a management strategy that emphasizes a Dynamic Rental Management Program, which is flexible according to the situation, and employs policies to Maximize Revenue, Optimize Expenses, and Utilize New Platforms to focus on generating the highest rental returns for investors, both in the short and long term.

Currently, Okas Agency is the sales representative for IP projects in the form of Branded Residences from Siamese Asset Group (Public Company Limited), managing and overseeing rental operations for investors in a comprehensive 360-degree approach, including professional cleaning management, 24-hour check-in and check-out services, and maintaining the condition of investors' assets to ensure they are always in good shape and ready for service.

Additionally, every project from the Siamese Asset Group, which Okas Agency advises on, is located in prime areas that can be resold or rented at good prices, situated in the heart of Sukhumvit, Rama 9, and near the BTS, with a variety of comprehensive amenities, providing hotel-style services and management at affordable prices starting from just 4.xx million baht, including Wyndham Garden Residence, Ramada Residence, Ramada Plaza Residence, and the latest mixed-use project, Cassia Residences Rama 9 Bangkok. For those interested in project information and special privileges, click >> https://bit.ly/2NpCChP or visit www.okasagency.com, Email: [email protected] or call 098-261-9797.

Moreover, prepare for a special seminar titled “Investment Innovation: A Survival Guide for Investors in 2021”, offering new perspectives on modern investment powered by AI, along with insights into investment opportunities in Investment Property, digital assets, and gold, etc. The speakers include Mr. Pattharaphurit Rungjaturapat, Managing Director of Okas Agency Co., Ltd., Mr. Thanin Sammani, Managing Director of DEEPSCOPE Co., Ltd., and Mr. Kavin Pongpanicha, CEO of Bitazza Co., Ltd. The event will take place on Saturday, March 6, 2021, from 1:00 PM to 5:00 PM at the sales office of the Siamese Rama 9 project on Rama 9 Road. Registration for the event is free at https://bit.ly/3u4GXbf.