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Investing In Thailand's Big Real Estate Projects
AREA Press Release No. 500/2021: July 05, 2021
Dr.Sopon Pornchokchai, Ph.D. Dip.FIABCI, MRICS
President, Agency for Real Estate Affairs (AREA)
During this Covid-19 pandemic, there are a lot of needs for real estate project funding, joint-venture or sales in Thailand. AREA can help as a match maker.
Nowadays, it is a good time for investing in big real estate projects in Thailand. Because of the pandemic where no steam of income can be materialized and there are fewer buyers, this affects cash flow of the projects. These projects can be (luxury) housing projects, owner-occupied condominiums, resorts, hotels, shopping centres, townships and the like. The needs of these projects include:
1. Funds or loan to initiate or further develop the projects,
2. A professional hands and funds for joint-venture purposes,
3. Sales or liquidation of some of these projects
Agency for Real Estate Affairs (AREA) which is the largest and foremost real estate information centre in Thailand since 1994 conducts surveys of new real estate projects on monthly basis and updates sale situation of all housing and condominium projects on quarterly basis nationwide. We get to know so many real estate projects which might need help. Therefore, AREA could act best as a match maker between Thai real estate developers and foreign counterparts.
Dr.Sopon Pornchokchai, President of AREA is an international figure on real estate business for over 30 years. He worked as a consultant to many UN agencies such as ADB, ILO, UNHabitat, World Bank etc. He is currently President of FIABCI-Thai. FIABCI is the largest real estate federation in the world with chapters in over 70 countries. He is also a council member of the ASEAN Real Estate Networks Alliance (ARENA). He can be trusted by beneficiaries to help materialize the deals between Thai and international real estate counterparts.
Any funds who need to give loan to, join with or buy any real estate projects, please contact Dr.Sopon Pornchokchai. Any projects who need help can also contact him at sopon@area.co.th or call +66 2 295 3905