At a luxury property exhibition last week at Bangkok's Siam Paragon, the company sold 50 condominium units worth a total of USD 20.5 million in locations including Bangkok and resort destinations such as Pattaya.

Overall estimated sales at the exhibition exceeded 100 units. Typical units were high-end, with sales prices of USD 292 - 380 per sq.ft. Buyers were roughly evenly divided into Thai-end users and foreigners based in or visiting Thailand. Cash- and minimally-financed purchases were common, reflecting the maturity of both the market and the purchasers and reducing fears of speculative buying.
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Ras Al Khaimah Property