BAM launches BAM Condos for Foreigners project, targeting foreign buyers of NPA condos

Thunhoon··TH·Read original
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Summary · why it matters

Bangkok Commercial Asset Management Public Company Limited, or BAM, has launched the "BAM Condos for Foreigners" project to expand opportunities for selling condominiums to foreign customers who want to live and build their lives in Thailand, under the concept "Your New Chapter Begins in Thailand. Find condos that fit your lifestyle." Dr. Raks Varakitphokathorn, Chief Executive Officer of BAM, said the project is another important step in expanding BAM's customer base to foreigners who reside, work, or are planning to start their lives in Thailand, by using the potential of non-performing assets, or NPA, especially condominiums in various locations, and developing them into housing options. Customers can choose to buy condominiums with cash or apply for loans through partner financial institutions if they meet the institutions' criteria. Loan approval, credit limits, interest rates, repayment periods, and other conditions depend on each financial institution's consideration. Those interested can view the condominiums participating in the project and study further details through BAM's channels at www.bam.co.th

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