Real estate agencies: Plus four

real estate
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The real estate sector in Thailand is a competitive one, and has become more so with the recent launch of four new agencies throughout the Kingdom.

Plus Property, the estate agency arm of property developer Sansiri, has debuted four ‘PLUS Shops’ throughout Thailand, with the latest addition situated in front of Sansiri’s The Line Chatuchak-Mochit development.

The agency said it aims to make use of the high traffic area to capture the attention of Bangkokians who commute via the BTS and MRT.

Visitors get to view ready-to-move-in rooms as well as collection of sample units for newly launched projects, according to the agency.

Anukul Ratpitaksanti, Managing Director of Plus Property, said the all-encompassing real estate service centres will provide another channel for consumers to access services by Plus.

The first three PLUS Shops were opened in Hua Hin, Phuket and at the T77 project in the On Nut area of Bangkok.

Launched last month, the agency at The Line Chatuchak-Mochit has received greater than expected traffic from passersby, owing to its location adjacent to the BTS and MRT mass-transit lines.

That’s according to a statement from the agency itself.

According to Plus Property, the average price of condos in the Bangkok resale market is between 26 percent and 44 percent lower compared with the price of units within newly launched condominiums.

Compared with projects that have launched for sale during the past five years, the price for resale units is 33 percent lower, is said.

The riverside zone boasts the greatest difference between the price of resale and new units (a 44 percent difference).

This price difference stands at 26 percent for central business districts such as Phloenchit, Chitlom and Asoke, while in the Phrom Phong and Thonglor areas the difference is 28 percent.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.

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