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KEEPING POSITIVE DURING COVID-1920-Apr-2020


 

Firstly, from everyone here at Sense Property, we hope you and your families are safe and keeping well.

 

For the wellbeing and safety of our staff, we have taken the decision to temporarily close our offices in Sukhumvit and Sathorn.  However, we remain fully committed to offering the same standard of service to all of our clients, our teams are all working from home and everyone can be reached via email or telephone. 

 

These are unexpected and unprecedented times and we face a lot of unknowns ahead of us.  We understand that you may have needs, questions or concerns.  Please find below some answers to your questions with the facts, and what you need to know:

 

  • My lease is expiring soon, what should I do?

If your lease is coming to an end, you may: 

1) Discuss with your broker (or directly with your landlord) to see if you can extend the lease period for a few months or renew your contract.

2) Look for other options… Even in these difficult times there are still amazing opportunities out there. Contact us for more information.

 

  • I am in the process of buying/ selling a property, the contract has already been signed and the deposit paid. Will I be able to transfer the property at the land office?

Based on the information we have from our contacts at Bangkok's land offices, property transfers are still happening. On 26th March the government issued a notice recommending people to postpone property transfers if possible.  However, if you are in the middle of this process and still wish to continue, there is no reason for you not to go ahead with the purchase/ sale of your property at the Land Department.  Contact us for more information.

 

  • I am relocating to Bangkok and need to find a home as soon as possible. Am I able to view properties? 

Some residences (serviced apartments, apartments and condominiums) still allow visitors, while others have announced that they were closed for viewings until mid or even end of April. In buildings where viewings are allowed, you will be required to wear a protective mask at all times. All expat residences in Bangkok also have hand sanitizers available in the common areas (lobby, elevators etc.) and their staff are obliged to wear protective masks. 

 

  • With the THB declining against major currencies, is it a good moment to look for investment opportunities?

The THB has been the world's best-performing currency against the USD for the last five years. This trend has been halted since the beginning of the crisis, as a "flight to safety" is temporarily favoring the world’s major currencies such as the USD, EUR and GBP. This correction may offer a relief to foreign investors looking to purchase – or already in the process of purchasing – a condominium unit in Thailand, however it is far too early to say if the THB will continue depreciating or not.

 

  • I need to sell or rent my property, are you able to help?

Of course. While our offices are temporarily closed we remain at our clients' disposal and continue to list properties on our website and all of the relevant property portals.
Email the details of your property to contact@senseproperty.com or call us on +66 (0)2.205.1259. You can also directly list your property with us for free here.

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