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Posted: 16 Feb 2010 | 6:00 am
Speaking to Richard Lusted from Siam Real Estate on market trends, he was quite vocal that two years ago the lion's share of transactions were off plan and now in an absolute turn around now they are dominated by resale's. Back of buyer feedback the firm has now created a program called Easy Buy, where 50% of a transaction is paid and the remainder payable on flex plans up to 3 years.
Terms are interest free if the balance is paid over the first year otherwise a fixed interest rate applies with monthly payment and then a balloon due on expiration. Land titles are held in escrow to ensure security.
It's an interesting incentive and according to Richard, the take up from purchasers has been significant. More details of the plan can be seen by clicking on:
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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