There is still demand for Thailand property, it’s just a matter of knowing where and how to locate active buyers.
This was the key takeaway from the Dot Property Black Friday Sale where a significant number of real estate transactions occurred, and a record number of people visited the Dot Property Thailand website.
The Dot Property Black Friday Sale took place on June 19 with 20 of the Kingdom’s leading property developers offering their largest discounts of the entire year for 12-hours only. Developer Asset Wise was one of the busiest participants selling several condo units in Modiz Sukhumvit 50 during the online sales event.
“We are delighted with the Dot Property Black Friday Sale. The fact we sold several units in Modiz Sukhumvit 50 in only 12 hours shows Dot Property truly understands the needs of buyers. Our success also proves there is real demand for Thailand property so long as you offer the right product at the right price and work with a partner who understands the market like Dot Property,” Asset Wise Assistant Vice President, Khun Sineenuch Sriumnouy, explained.
More than 56 percent of all Dot Property Black Friday Sale attendees were based in Thailand with interested property buyers from the United States, Singapore, Hong Kong and China taking part in the event as well.
For developers such as Risland, the audience of engaged property seekers allowed them to reach active buyers and sell nearly THB12 million worth of condo units in Cloud Thonglor-Phetchaburi.
“The Dot Property Black Friday Sale was a unique event that really captured the attention of real estate buyers. Our team was blown away by the response we received for Cloud Thonglor-Phetchaburi. We manage to sell nearly THB12 million worth of condo units in the project during the sale. That can be attributed in large part to the comprehensive marketing efforts and reach of Dot Property who knows exactly where the demand for Thailand property is coming at all times.” Chao Zhong, Project Director of the Cloud Thonglor-Phetchaburi, stated.
There were a number of events held throughout the Dot Property Black Friday Sale including Facebook Live broadcasts from various projects around Bangkok including Beatniq by SC Asset, the winner of People’s Choice Award for Project of the Year at the Dot Property Southeast Asia Awards 2019.
Billed as Thailand’s biggest online property sales event, the Dot Property Black Friday Sale proved to be hit with property seekers and developers. Additionally, it showed demand for Thailand property is still out there.
“Between the number of sales recorded during the Dot Property Black Friday Sale and the record amount of website traffic we saw, it is safe to say there is interest in the Thailand property market. The key for developers at a time like this is reaching active buyers. No one in Thailand has the reach, knowledge and marketing tools that Dot Property has to help companies achieve this goal,” Adam Sutcliffe, Director of Events and International Markets, said.