Bangkok Condos at 50% Off
Monday 2nd of March 2009
The broker for four
The four projects are Saint Louis Grand Terrace, which has a total of 245 units; @CitySukhumvit101/1, with 799 units; Waterford Sukhumvit 50 with 738 units; and The Master Centrium Asoke, the smallest of the projects with 79 units. There are varying numbers of units that will be sold at each of these projects. The properties that the owners want to sell off will be offered at an auction on March 28-29, set to take place at each of the respective projects in
The auction will begin with prices that represent a 50 percent discount from the asking price, and bidding will be open for two hours. The starting price for the units will be as low as Bt850,000. Siam Commercial Bank will be on hand to help finance the purchases and extend credit.
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