Bangkok Commercial Asset Management Public Company Limited, or BAM, has launched the "BAM Condos for Foreigners" project under the concept "Your New Chapter Begins in Thailand. Find condos that fit your lifestyle." The initiative aims to expand its customer base to foreigners who reside, work, or are planning to start a new life in Thailand. Dr. Raks Worakitpokatorn, Chief Executive Officer of BAM, said the project takes non-performing assets, or NPA, particularly condominiums in various locations, and develops them into housing options that better meet the needs of this customer group. 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 are subject to each financial institution's consideration. The launch also reflects BAM's approach to upgrading NPA management from simply selling assets to connecting assets with opportunities by reaching new customer groups and bringing potential assets back into the economic system so they can generate benefits and value once again. Those interested can view the condominiums participating in the project and study further details at www.bam.co.th
Bangkok Commercial Asset Management Public Company LimitedBAM launches 'BAM Condos for Foreigners' project to sell NPA condominiums to foreign customers, expanding its buyer base and bringing assets back into the economic system.
