The Singapore real estate investment firm also invested an additional 760 million baht in a luxury condominium project by Singha Estate – THE ESSE at SINGHA COMPLEX. (Artist’s Impression: Singha Estate)
As a stamp of approval to Thailand’s property market, Trillion Global has partnered with Singha Estates, investing 1.66 billion baht (S$67 million) in the Thai developer’s condominium projects, reported The Nation.
William Loke, managing director of Trillion Global, said Thailand has the potential to be a regional hub for Asean investment given that property prices there are not too high compared to other countries.
“We believe investment opportunities in Thailand will yield good returns in the future. Trillion Global started a partnership with Singha Estate with an initial purchase of a large block of units in THE ESSE Asoke condominium project worth over 900 million baht – an investment which received very good responses when our company went on roadshows in Asian countries such as China, Hong Kong, Taiwan, and Singapore.”
The Singapore real estate investment firm also invested an additional 760 million baht in a luxury condominium project by Singha Estate – THE ESSE at SINGHA COMPLEX.
Loke noted that the project received robust interest from foreign investors as it is strategically located on the Asoke-Petchaburi Intersection, a popular destination among foreigners.
“In addition, the project is part of the SINGHA COMPLEX, a flagship mixed use development by Singha Estate. The only regret is there was not enough units available for our buyers,” he added.
This article was edited by Denise Djong.
