Four major events are running simultaneously: ‘NPA & Resale Home’, ‘Home Loan & Consumer Credit’, ‘Home Buyers Expo’ and ‘Home Builder Expo’.
Foreclosed homes will go on sale by nine financial institutions at the ‘NPA & Resale Home’ exhibit.
NPA or ‘non-performing assets’ relates to homes taken over by banks because of unpaid mortgage loans. On average, repossessed properties sell at a 10-15% below market prices. Banks don’t have sentimental value attachments and lose money every day the foreclosed home sits with no owner.
The Million Baht Discount Club
Tararom Enterprise is offering 1 million baht discounts for their Naber Home Watcharapol location for home prices starting at 5.39 million baht. They are also offering a free swimming pool for single houses at their Parkway A-Liv Ramkhamhaeng project.
Also making the million baht discount club is Home-Building Natural Home which is slashing 1.5 million baht off prices for any new buyers who sign a contract at the Home Builder Expo.
Taking advantage of the event and venue
Ananda Development, off the heels of launching 4 new projects this month, will continue to promote heavily under their Ananda Urban Pulse campaign featuring projects like Ideo Q, a luxury condominium work of art in the prime location of Chidlom-Petchaburi.
Perfect Property, developers of resort-style gated communities Perfect Place and Perfect Park, is offering first year zero-interest rate mortgages, free transfer fees, free furniture and air-conditioning, and free travel packages celebrating their 30th Anniversary.
Event is shooting for 40% presales
Expect many more promotions and unannounced deals as the event will feature over 300 residential properties of condominiums, single homes and townhouses, and lenders offering special interest rates.
Just take the MRT subway to the Queen Sirikit National Convention Center station and arrive at the convention center’s front entrance.