PR Newswire
25 May 2023, 20:06 GMT+10
Capitalising on the Surging Appetite for Thai Real Estate
BANGKOK, May 25, 2023 /PRNewswire/ -- Thai real estate developer, Ananda Development PCL, has unveiled its expansion plans into international markets by forging strategic partnerships with real estate experts in select countries to present its portfolio. Mr Prasert Taedullayasatit, Chief Executive Officer of Property at Ananda Development PCL, said, "Ananda is leveraging international opportunities to drive revenue and generate profits."
Ananda is set to benefit from an influx of foreign investment in Thailand, with 30 projects worth 34 billion baht ready for ownership transfer. "Our ready-to-move-in condos meet the growing demand from regional buyers and businesses seeking to invest close to home," said Mr. Taedullayasatit. He noted that their strategic alliances will enhance Ananda's brand and reach, particularly in markets like Mainland China, Hong Kong, Taiwan, Singapore, and Malaysia. Pre- and post-COVID, Thailand has been a prime investment and second home location for international buyers.
As the Thai real estate market rebounds, Ananda's strategy involves collaborating with regional partners and over 200 foreign agents across Japan, England, Mainland China, Myanmar, Taiwan, Hong Kong, and the United States. Mr Taedullayasatit elaborated, "Ananda is likely the first Thai real estate firm to engage in strategic collaboration with global partners who possess the expertise and have insight into specific market needs. Given our strong reputation, diverse inventory, and committed team, we are confident that our business can flourish in both domestic and international markets."
Mr. Fu Yu Chen, Founder & CEO of BEYOND360 Property, a one-stop real estate property service and Ananda's strategic partner, expressed enthusiasm for supporting Ananda's global expansion, "Ananda' is a reputable company with projects offering competitive prices, innovative designs, and consistent quality. BEYOND360, operating in B2B and B2C markets across seven countries, plans to utilise its One-Stop Service model to provide customers with diverse property services, including sales, leasing, management, and visa assistance."
Mr. Chen emphasised BEYOND360's decade-long expertise in the international market and their vast regional clientele, assuring comprehensive support to Ananda from sales to after-sales. In 2022, Thailand ranked fourth in property choices for Chinese buyers, behind Australia, Canada, and the US, thanks to attractive prices and promising returns, "BEYOND360's successful roadshows owe much to Ananda's exceptional projects and sterling industry reputation."
BEYOND360 and Ananda's partnership aims to tap into the increasing interest of Chinese investors in Bangkok. With its track record of selling about 5,000 units in Thailand, BEYOND360 will help enhance Ananda's brand and presence in China and beyond.
Get a daily dose of Kuala Lumpur Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kuala Lumpur Times.
More InformationBEIJING, China: The Chaoyang District Intermediary Court in Beijing has begun compensation hearings for the Chinese relatives of those who ...
Israel resumed its military operation in the Gaza Strip on Friday with heavy bombardments. As strikes continue, the United States ...
LIVINGSTON, Kentucky: CSX railroad said that a failed wheel bearing on a train car caused a derailment on November 22 ...
HELSINKI, Finland: After Finland joined the North Atlantic Treaty Organization (NATO) earlier this year, hundreds of migrants from the Middle ...
CHISINAU, Moldova: Over the weekend, heavy snowfall and strong blizzards in Romania, Moldova and Bulgaria left one person dead and ...
WASHINGTON D.C.: After a House Ethics Committee report found substantial evidence that he broke the law, New York Republican representative ...
QUETTA, Pakistan - Asif Ali Zardari, Co-Chairman of the Pakistan Peoples Party (PPP), stated on Thursday that 'some forces' impede ...
DHAKA, Bangladesh - The European Union (EU) expressed hope on Wednesday that Bangladesh would hold democratic, credible, peaceful, and participatory ...
NAYPYIDAW, Myanmar: Kyar Win, spokesperson for the Myanmar National Democratic Alliance Army, which launched a surprise offensive last month against ...
BANGKOK, Thailand: This week, Thailand's Deputy Finance Minister Krisada Chinavicharana said after a weaker-than-expected third quarter, the country will downgrade ...
LONDON, UK - Shahzad Akbar, a former accountability advisor to former Pakistani Prime Minister Imran Khan, has claimed that an ...
BEIJING, China: The country's commerce ministry said that during a meeting with Vietnamese Prime Minister Pham Minh Chinh in Ho ...