Farghaly: Top Real Estate Group launches several turnkey projects in Thailand with remunerative investment yields

04/10/2016

Top Real Estate Group announced the official launch of some outstanding projects at different areas in Thailand. The executive manager of the group, Mr. Mohamed Fargahly Thabet stated “The launch of these projects is based on the Group’s continuous interest to provide the best real estate opportunities in the international real estate market in different areas while ensuring real returns for the investor whether rent yields or capital growth returns. Farghally affirmed that “the group is committed to provide the best offers to its clients to achieve peace of mind and successful investment. The group does not save efforts to look for the best projects in the target markets through business relations with some major real estate developers in such markets to ensure timely handover of projects and their quality, prime locations, prices and yields.

He added that “Top Real Estate Group entered into contract with Sansiri Construction Corporation which is one of the largest real estate companies in the Kingdom of Thailand with great experience of more than 31 years. Sansiri Corporation has been listed in Thailand stock exchange market since 1996 with capital of about Thai Bat 27 billion (approx. US$ 850 million”). When asked about the projects contracted by the Group, fargahlly stated “We will launch six major projects including two major projects in Bangkok near the prominent touristic districts and hospitals visited by many Arab people in addition to the launch of seaside project in Pattaya and three different projects in Phuket appropriate for different categories”. He added that “There are different types of units offered within such projects including studio to four bedrooms and hall with areas ranging from 35 SM to 266 SM at prices starting at KD 23 thousands and the flats shall be handed fully furnished with luxurious furniture selected by the client from amongst various options available with the company”.

Fargahlly added that “the offered projects are integrated projects as Sansiri is specialized in turnkey residential compound projects. Each project contains round the clock security service in addition to swimming pools, gym, integrated hotel service including housekeeping as well as integrated health facilities including sauna, Jacuzzi and barbeque and family party’s areas. Fargahlly added that “the group offers rent yields for flats at 6-7% under guaranteed contracts for two years”. He affirmed that “the Thai market is much secured regarding rent in view of its great touristic capabilities and availability of touristic attractions from all over the world”. Fargahlly stated that “the group shall offer special discount to its clients during the exhibition period while the developer will bear all registration and title fees of any unit purchased during the exhibition period in view of the Group’s belief that investor is at the top of our priorities”.