Siam Real Estate Agrees Strategic Alliance With Navarang Asset

Siam Real Estate, Thailand’s leading property website, has agreed a strategic alliance with Bangkok-based property developer Navarang Asset.

The partnership will see Navarang Asset expand its marketing through Siam Real Estate’s channels.

Apipu Promyothi, CEO of Navarang Asset, said: “Siam Real Estate has been our best performing agent in Thailand and we will continue to strengthen the ties between us.”

Navarang Asset’s flagship riverside project is Na Reva Charoennakhon, a 29-storey off-plan condominium with panoramic views over the scenic Chao Pray river and the whole Thai capital.

The EIA-approved project is a joint venture with Malaysian investment holding company Paramount Corporation Berhad, which is listed on the Malaysian Stock Exchange.

Thirty per cent of the 253 one- and two-bedroom units have already been sold, with available unit types including One Bedroom, One Bedroom Loft (the only loft condos in  Charoennakhon), One Bedroom Executive, One Bedroom Plus and Two Bedroom.

Other facilities at the project include a seventh-floor fitness center, private trainer room, children’s playground and a 29th-floor infinity pool.

It also has excellent transport links with the BTS Gold Line train, and is close to prominent schools, hospitals and riverside shopping malls in Bangkok.

Patrick Lusted, Managing Director of Siam Real Estate, said: “We have been really impressed by Navarang Asset products and their team, Na Reva Charoennakhon is an excellent opportunity for our buyers offering luxury standard condos for up to 50% less per square metre than others in the area. Also, the down-payment of only 20% and the loft style condos are very attractive for investors.”

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Published on PRFIRE