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Chinese-Thai Joint Venture for Bangkok Condo Scheme

By on Mar 10, 2016 in Property News, Residential

China Tianchen Engineering Corporation (TCC) and their Thai partner are about to launch their first completed Bangkok condo project on Nut Road, Bangkok. This shows confidence levels in The Tha property market.

Executive Director Guo Hai Xin said “Property demand is from both Thai and foreign buyers. Thailand is in a strategic location in the region. Chinese people prefer buying condos in major cities like Bangkok, Chiang Mai, Pattaya and Phuket.”

At the House & Condo Fair, the company will introduce the project to prospective buyers. It expects to have sold out by the end of the year. ” We completed construction of the project before putting units up for sale to build confidence among buyers that we were maintaining strict quality control.”

This is the start of hopefully many schemes showing investment in Thailand.

Source: Bangkok Post, 4th March 2016
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