Property News · November 3, 2020

Thai developers throw in massive discounts, hotel stays and even free registrations to reduce piling inventory levels


Thai developers are offering huge discounts and throwing in freebies like hotel stays and even waiving off transfer fees as part of a campaign to drum up sales that have taken a hit from the Covid-19-induced recession.“We have had a total of four campaigns so far in 2020 to stimulate buying demand,” said Charinya Youngprapakorn, head of advisory and transaction services for residential project marketing at CBRE Thailand.She added that there was a massive surplus supply in some parts of the Thai…

Source : South China Morning Post
Read more…Thai developers throw in massive discounts, hotel stays and even free registrations to reduce piling inventory levels

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