Bangkok’s Elio-Del-Ray in the spotlight

14 Jan 2015

Elio-Del-Ray Udomsuk Bangkok Thailand

Singapore real estate firm SQFT Global Properties will be exhibiting a completed Bangkok project this weekend where Singapore overseas property investors are able to collect instant returns on their investment.

The Elio-Del-Ray development, created by Stock Exchange of Thailand-listed Ananda Developments, was completed in November of last year. Its location on Sukhumvit Soi 64 and 600 metres from the BTS sky train network at Udomsuk station, makes it a popular choice for Thais and expats alike.

Dave Loo, Managing Director of SQFT Global Properties, told PropertyGuru: “Personally, I believe that this is a very affordable price range for anyone buying into a resort-style condo with full facilities in Sukhumvit. The upcoming Bangkok Mall also makes this area very promising.”

The trendy Thonglor district is 10 minutes away, while the popular Siam Paragon, Central World and MBK shopping centres are a 25-minute ride away. It is also situated five minutes from the site of what will be the largest shopping mall in Asia and more than 7 million sq ft of shopping and entertainment – Bangkok Mall – on its completion in 2016.

Freehold fully furnished units are available and prices start from S$72,800. Facilities at the development include an 85-metre swimming pool, 500-metre jogging track, fitness centre, 24-hour supermarket, coffee house, a kids corner and a multi-purpose hall.

The Singapore property exhibition for Bangkok’s Elio-Del-Ray development takes place on Saturday, January 17, and Sunday, January 18, between 11am and 7pm at 390 Orchard Road, #04-04 Palais Renaissance, opposite the Hilton hotel.

Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg

Andrew Batt, International Group Editor
Jan 20, 2015
Yes - a foreigner can buy a Thai freehold condo in their own name within the 49% foreign space quota. I hope this answers your question.
david Chan
Jan 19, 2015
foreigner can buy this freehold development?
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