Siam Real Estate Newsletter February 2009
Greetings,
This month we thought a little levity might be in order to cheer you all up!
1. The US has made a new weapon that destroys people but keeps the
building standing. It's called the stock market - Jay Leno
2. Do you have any idea how cheap stocks are? Wall Street is now being
called Wall Mart Street - Jay Leno
3. The difference between a pigeon and a London investment banker. The
pigeon can still make a deposit on a BMW.
4. What's the difference between a guy who lost everything in Las Vegas
and an investment banker? A tie!
5. The problem with investment bank balance sheet is that on the left
side nothing's right and on the right side nothing's left.
6. I want to warn people from Nigeria who might be watching our show, if
you get any emails from Washington asking for money, it's a scam. Don't
fall for it - Jay Leno
7. Bush was asked about the credit crunch. He said it was his favorite
candy bar - Jay Leno
8. The rescue bill was about 450 pages. President Bush's copy is even
thicker. They had to include pictures - Jay Leno
9. President Bush's response was to meet some small business owners in
San Antonio last week. The small business owners are General Motors,
General Electric and Century 21 - Jay Leno
10. What worries me most about the credit crunch is that if one of my
cheques is returned stamped 'insufficient funds', I won't know whether
that refers to mine or the bank's.
Market Update:
The Phuket market remains very resilient despite the global problems and the sun is shining as always.
Many projects are offering some great deals and savvy investors and buyers are taking advantage of the situation while these “one time offers” are still available.
The political situation has improved under the new government and they are taking swift action to implement a significant domestic stimulus package.
Thai Banks are well capitalised and have strong balance sheets, cleaned up after the Asian financial crisis and have no exposure to sub prime or other toxic instruments. Thailand Ltd is in better shape than most global economies and being a cash market for property buyers there is no bad debt and consequently property prices remain stable.
We have some great deals see below.
Siam Real Estate now accepting credit cards for property sale deposits, long term rental deposits and holiday rental bookings.
Thailand Open Golf Championship 5th-8th March 2009
Venue: Laguna Golf Club, Phuket
Book your villa now see our selection near Laguna
Useful Links:
THAI NEWS http://www.thainews.co.th/
BANGKOK POST http://www.bangkokpost.com
THE NATION http://www.nationmultimedia.com/
Great investment opportunity - Condo in the Heart of Phuket. [CSILD1924]
* 10% discount for full cash payment
Apartment/Condo in Kathu, Phuket | Foreign Freehold (Condo) | From THB 2,600,000 to THB 15,584,268
Modern comtemporay Condo project in the Layan area of Phuket. [CSILD2525]
* Finance available from seller over 18 months installment and more if required!
* Rental Guarantee 6% for first 2 years.
Apartment/Condo in Layan, Phuket | Foreign Freehold (Condo) | From THB 4,900,000 to THB 10,300,000
*Financing available from seller. 50% Financing from partner Thai bank, interest rate 7.9%.
*Rental guarantee. Guaranteed rental return of 8% for 1-3 years.
Apartment/Condo in Bang Tao, Phuket | Leasehold | From THB 5,130,000 to THB 13,300,000
*5% discount if an investor buys 2 or 10% discount if they were to buys 3.
*Financing available from seller. 50% over 5 years at 4.25%-6.75%
*Rental guarantee. RENTAL GUARANTEE of 4 or 6.5% for 3 years subject to certain conditions.
Apartment/Condo in Layan, Phuket | Leasehold | From THB 17,950,000 to THB 23,950,000
10% Guaranteed Return For The First 5 Years!
* Up To 15 Days Use Of The Unit
* No Maintenance Bills To Pay
To find out more about this offer or to secure your West Sands property please contact us!
Raimond Land PLC project in Kata Now Completed [CSSVD1093]
Stunning 2 & 3 Bedroom Seaview Apartments in Kata
Deferred payment schedule available 1- 5 years.
Apartment/Condo in Kata, Phuket | Freehold | From THB 21,195,000 to THB 41,775,000
Luxury Villas and Apartments, 3 - 4 Bedrooms with Sea Views in Bang Tao, Phuket [HSSVD429] & [CSSVD429]
Apartment prices for promotional time only from THB 12,200,000 to THB 13,200,000 (Savings of THB 4,100,000 to THB 4,400,000 on list price)
Villas prices for promotional time only from THB 19,400,000 to THB 23,500,000 (Savings of THB 6,400,000 to THB 7,800,000 on list price)
Apartment/Condo in Bang Tao, Phuket | Leasehold | From THB 15,250,000 to THB 30,500,000
House in Bang Tao, Phuket | Leasehold | From THB 16,300,000 to THB 31,300,000
36/8, Moo 2, Viset Road, Rawai, Phuket, 83130, Thailand
+66 (0) 76288908
