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Sansiri, Thailand’s leading and only fully-integrated property developer, would like to invite you to experience The Thai New Year in Hong Kong. SONGKRAN FEST will be in form of a carnival full of exciting Thai performance including Muay Thai Boxing and Thai Cooking Show, authentic Thai food and Singha Beer. Bag home some Thai snacks and handcraft products – some of them are in Hong Kong for the very first time. Of course, Songkran will not be Songkran without all the water splashing so bring your water guns and invite your friends and family for an epic water fight!

Songkran FEST by Sansiri 
Date: 22 Apr 2017 (Sat)
Time: 6pm-9pm
Venue:  27/F Crowne Plaza Hotel, 8 Leighton Road, Causeway Bay, Hong Kong
FREE admission – All Sansiri Family Members (buyers of Sansiri properties) will receive HKD 150 voucher to spend on Thai food or other Privileges and 2 bottles of Singha beer for free*. You’re welcome to invite your friends and family to join. Kids are welcome but pets are not allowed.

* Terms and conditions apply. Complimentary Vouchers and Privileges are available on a first-come-first-served basis while stocks last. Complimentary Vouchers cannot be exchanged for cash, other products or Privileges and are not transferable. Golden Emperor and Sansiri reserve the right of final decision in case of any dispute.

Highlight Activities:

• Authentic Thai Food
• Muay Thai Boxing Show
• Thai Long Drum Dance
• Thai Products for Sale
• Thai Cooking Show
• Spicy Eating Competition
• Thai Massage

RSVP Now

Highlight Activities:

Authentic Thai Food

Muay Thai Boxing

Thai Long Drum Dance

Thai Cooking Show

Thai Massage

Don’t miss out and RSVP Now for Complimentary Vouchers and Privileges*!
*Available for Sansiri Family Members, first-come-first-serve.

HONG KONG investors have been sinking more money into Thailand’s condominium market after enjoying returns on investment of more than 5 per cent a year, Theerapan Nunthapolpat, general manager of Siam Commercial Bank’s Hong Kong branch, said in an interview with The Nation recently.

“Condominium units priced between Bt5 million and Bt10 million are popular with Hong Kong investors in Thailand’s property market,” he said.

He added that the popular locations included Bangkok’s Sukhumvit area and tourist destinations such as Pattaya and Phuket.

Thailand is attractive to these investors because condominium prices in the Kingdom are lower than in Hong Kong residential projects.

In Hong Kong, condominiums are priced between 10,000 and 40,000 Hong Kong dollars per square foot, which translates to about Bt450,000 to Bt1.8 million per square metre. But in Thailand, normally prices in the mid-to-upper-range segment are Bt150,000-Bt250,000 per square metre. The highest-priced luxury condominium in Thailand is now Bt550,000 per square metre, for the fully furnished 98 Wireless project.

Theerapan said lower interest rates in Hong Kong had also encouraged many investors there to look for ways to generate higher returns. Investing in condominiums in Thailand is a good choice when the return on investment for a rental property averages 5-6 per cent a year, much better than interest rates of only 0.02 per cent in Hong Kong.

He said SCB had received a number of queries from its customers in Hong Kong about how to invest in condominiums in the Kingdom after Thai property firms had brought roadshows to the city.

Sansiri president Srettha Thavisin said the company had successfully sold its condominiums in Hong Kong, Taiwan, Singapore and mainland China after starting to market its |projects overseas three years |ago.

This year, Sansiri targets sales of its condominiums to foreign buyers to be worth Bt7.5 billion out of its total presale target of Bt36 billion for 2017.

“We see strong demand from Hong Kong investors interested in buying condominiums in [Bangkok’s] central business district, especially Sukhumvit Road, focusing on condos priced at no more than Bt10 million.

“All of them also buy our projects with cash. They also need a property-management service if they open their condos for rental, which generates a return on investment averaging 5-8 per cent a year,” he said.

According to research by property agency Knight Frank Thailand, Hong Kong investors are interested in buying luxury condominiums in Bangkok as a business opportunity to generate high returns for the long term.

Frank Khan, executive director and residential head of Knight Frank Thailand, said 2016 was another outstanding year for Bangkok’s prime and super-prime condo market, with strong demand and high price growth despite the spillover effect from the slowing economy.

On the supply side, developers with land banks in prime areas found the segment to be more suitable for development, which could generate higher-than-average returns on plots with higher land-acquisition costs.

On the demand side, buyers in this segment were mostly affluent individuals who do not rely on home loans. There is a lot of demand from Hong Kong buyers in this segment, he said.

Source: The Nation

Vietnamese Prime Minister Nguyen Xuan Phuc has agreed to support construction of the North-South Highway with an investment of some 55 trillion Vietnamese dong (2.4 billion U.S. dollars) sourced from government bonds during the 2016-2020 period.

The highway will be constructed under the Public Private Partnership (PPP) model, local Vietnam News newspaper quoted the government office’s announcement as saying on Friday.

A consultancy firm will be selected through a bidding process to plan and design the highway construction while the final selection will be based on cost and feasibility of their technical designs.

Meanwhile, the Vietnamese Ministry of Finance was also asked to review and adjust the plan on developing Vietnam’s expressway network until 2020 (with a vision to 2030), towards expanding the North-South Highway into 6-10 lanes from four lanes, as originally proposed.

source:xinhuanet

The Tourism Authority of Thailand (TAT) has launched the Amazing Songkran 2017 festival to preserve local traditions and generate income from tourism.

Deputy Prime Minister Gen Tanasak Patimapragon has presided over the launching ceremony of Amazing Songkran 2017 held under cooperation between the TAT and the Royal Thai Police.

He said Prime Minister Gen Prayut Chan-o-cha has praised the related agencies for organizing the festival which helps pass on the beautiful traditions, expressing the Thai identity to the world, which will in turn benefit the country’s tourism scene and strengthen its economy.

TAT Governor Yuthasak Supasorn has said the Amazing Songkran 2017 festival will encourage tourism activities that allows tourists to be immersed Thailand’s traditional activities. The festival will feature lavish Songkran parades and cultural performances that connects with neighbouring countries’ culture.

The TAT expects this festival to help raise the awareness on cultural tourism, and to help generate more income to the country.

Songkram activities will be held in several locations throughout the country. The TAT is also arranging activities in Chiang Mai, Lampang, Sukhothai, Khon Kaen, Nakhon Phanom, Nong Khai, Suphan Buri, Ayutthaya, Kanchanaburi, Chonburi, Samut Prakan, Songkhla, Nakhon Si Thammarat, and Phuket.

Songkran parades in Bangkok has continued to be recognized worldwide, from Thais themselves to international tourists.

The six parades took place along Sukhumvit Road from Bangkok Planetarium to Pathumwan Junction.

Source: Thai Visa News

The capital city of Hanoi, often dubbed the “Beijing” of Vietnam has finally opened up to foreign property investors. Vietnam’s new residential housing law implemented on 1st July 2015 allows foreigners to buy properties in the country for a 50-year leasehold with renewal possibility upon expiration. This, coupled with infrastructure developments in Hanoi such as the Metro (MRT) system and the new CBD Nam Từ Liêm (the upcoming “West Kowloon” area of Hanoi) will contribute to upside in Hanoi’s property market.

Golden Emperor hosted ‘Investing in Hanoi, Vietnam Seminar’ with partnership with CapitaLand, a largest developer in Southeast Asia, and owned by Temasek/Singapore Government, rated AAA/Aaa/AAA. Seasons Avenue is a residential development in Hanoi, was launched at our event as well, the seminar attracting many customers attended over the weekend.

Above: Many investors attended the weekend seminar.

Above: Terence Chan, Director of Golden Emperor, provided a presentation on the Hanoi property market.

Above: Our clients in Hong Kong had special offer during this event.