Real estate

SC Asset confirms houses are only sold to Thai people


AFTER police raided a luxury housing estate in Soi Lasalle where Chinese grey capitalists have bought almost all the houses through nominees SC Asset Corporation Plc today (Dec. 4) issued a clarification that the houses it built were sold to only Thai people or Thai juristic persons, and Matichon newspaper said.

The company issued this statement amid public suspicion as to how this could have happened.

SC Asset said the following in its statement:

– The company conducts business transparently in accordance with good governance principles. By adhering to principles and not breaking the law every house in every project is sold to only Thai people or Thai juristic persons;

– In selling landed property the company requires the buyer to make payment through a bank only;

– The company’s shareholders are not in any way linked to the sale of the company’s houses.


A clarification issued by SC Asset overlaid on a luxury housing estate. Photo: Matichon

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