Siam Paragon Luxury Property Showcase Held For 2017
The Siam Paragon Shopping Centre plays host to real estate enthusiasts and experts this November 9-19 on the first floor of the mall, at its Fashion Hall and Fashion Gallery, with the Siam Paragon Luxury Property Showcase 2017, where the leading developers presented their luxury projects and investment opportunities, plus special offers, for those interested in any opportunity for a Pattaya residence or any other kind of luxury project.
Thanks in part to the recent successes in the property market, the forecast for Thailand for 2017 and 2018 looks very positive. Other contributing factors noted include a continued recovery of Thailand’s economy, and good purchasing power, particularly for the high-end and luxury properties, among others.
Siam Paragon Shopping Centre’s Deputy Managing Director of Marketing Events and Business Relations, ChanisaKaewruen, said that the continued growth of the luxury condo and low-rise property markets encouraged the centre to hold this event, as an opportunity for developers to reach target customers as well as any potential buyers, who will also be able to enjoy exclusive offers, sales and promotions for Pattaya residence and other luxury properties or assets.
The showcases in the event are divided between residential and holiday home developments in prime real estate locations. Unique to this year, luxury yachts from Boat Lagoon will be part of the showcases, as a response of the demand for luxury assets.
NetiNarumit, a notable individual in the real estate market, being a condo investor, property broker and luxury condo specialist, made some notable commentary on the market, saying that the growth of the luxury and super-luxury property markets are due to relative detachment to economic situations. The market still has high demand, from Thai upper classmen, foreigners, as well as long-term investors. As a result, the market instils great confidence in both developers and investors.
Predictions for the status of the market next year have also been good, attributed to the growing economy stimulated by fund from foreign investors, the new megaprojects that have been bumping up land prices, as well as the new special economic zone development by the government.
The Siam Paragon Luxury Property Showcase takes place from 9 to the 19th of November at the Fashion Hall and the Fashion Gallery, located on the first floor of the Siam Paragon Shopping Centre.