Thailand-Property

Stocks for condos

Baan Rajprasong has unveiled a new promotional campaign dubbed ‘Stocks for Condos, allowing market players and investors to use their stocks as cash when purchasing and investing in condominiums at its The Energy Condominium project in the Hua Hin district of Prachuab Khirikan province.

Director of Marketing, Chanok Chaisiri, explained that the campaign provides a new avenue for investors to avert risk, due to the volatile market situation.

He said that by using stocks as cash to purchase at the condominium (pictured), investors are effectively converting their shares to investment in the real estate sector which, he added, has great growth potential.

He added that stocks can be used at their full value to purchase condominiums within the Energy Project, with units starting at THB 2.6 million.

The stocks can be used in conjunction with cash to place a down payment on the units which will open for reservation between March 10 and 13 at Queen Sirikit Convention Center, and from March 1 until March 22 at The Emquartier, both in Bangkok.

As always, Dot Property Group advises buyers and investors to carry out full due diligence and seek independent legal advice before entering into any sales and purchase agreement for condominiums in Thailand.