BANGKOK, 18 July 2012 – Three grand-scale housing events in one, including the Home Buyers’ Expo 2012, Non Performing Asset (NPA) Grand Sale 2012, and Home Loan 2012, are all scheduled to take place on August 23-26.
The Housing Finance Association and Home Buyers’ Guide are prepared to hold the three housing events at Queen Sirikit National Convention Center, with an aim to draw in 300 billion baht in circulation during the events.
The Home Buyers’ Expo 2012 will offer special promotions, such as low-interest rates and cheaper prices, for the purchase of housing and condominium units.
The organizer expects around 80,000 visitors during the four-day events. The Housing Finance Association has predicted that the real estate sector in July will grow well. It said the first three months this year saw high housing sales as a result of the government’s stimulus measures such as low-interest rates and soft loans for flood-affected victims.
The Association has estimated that the housing loans will increase in the second half this year, thanks to the government’s city train projects which helps stimulate condominium sales.