FOREIGN BUYER GUIDE

INTRODUCTION
OUR UNIQUE BRAND
STEPS BY STEPS
REGISTER
Established Since 1999

INTRODUCTION

Major Development is an exclusive property developer based in Bangkok, Thailand that was listed in the Stock Exchange of Thailand in 2007. The company was one of the first developers to introduce the high-end condominium segment to the Thai market and gradually expanded through to urban and affordable -luxury condominium segments, with a focus on delivering the best possible product to its customers covering all product segments.

Established Since 1999 room

Design and functionality have always played a key role in Major Development’s end product, with excellent attention to detail in product design and development always being at the crux of its focus so as to consistently please both the eyes and experiences of its customers. Catering to many different types of customers, one of the company’s unique selling points is that most of its residences offer a highly attractive proposition to pet owners, as such residential buildings are pet friendly, and some do offer pet facilities that built into the design for functional and throughout consideration for their customers.

WHY INVEST WITH US

Our company’s vision is to be a pioneer in, and revolutionize, the services already offered by the upper level segment of Thai property developers. Our understanding of customer’s needs goes beyond delivering products and services, as we also strive to lead such customers into the future, both in terms of understanding the property market and property management. After sales services and full property management are the integral parts of the company's offering.

KEY SUCCESS

We strive to provide a “Top of the Class” product in every aspect of our end-to-end service offering and in each segment of the market, with a far-reaching brand that is inspired by excellence and style. We are the only property developer that is known for offering a pet friendly all of our condominium residences. Most importantly, high privacy is a unique selling point across all our projects; we always strive to be located in prime yet managed to make it peaceful locations that accommodate less units per floor so the customer really experiences the best possible.

COMPANY MILESTONE
1999
Major Development Company Limited was established in 1999
2001
Launched Hampton Thonglor 10
2002
Lanuched Fullerton Sukhumvit
2003
Launched Manhattan Chidlom
2007
Listed as MJD on The Stock Exchange of Thailand
Launched Aguston Sukhumvit 22
2009
Launched Reflection Jomtien Beach Pattaya
2010
Launched M Silom
2011
Launched M Phyathai
Launched M Ladprao
2013
Expanded its business to Residential Real Estate Business, Hotel & Office Building named "Major development hospitality" and Property Management named "MDP Property partners"
Launched Maestro 39 Sukhumvit 39
Launched Maestro 12 Ratchathewi
The emergance of Major Tower Thonglor, A Boutique Office Building in Thonglor
2014
Launched M Thonglor 10
Launched Maestro 02 Ruamrudee
Launched M Jatujak
2015
Launched Maestro 01 Sathorn-YenAkat
Launched Maestro 14 Siam-Ratchathewi
Launched Maestro 03 Ratchada-Rama 9
2016
Launched Maestro 07 Victory Monument
Luanched Centra Maris Jomtien resort Pattaya
2017
Expanded its business to resale, leasing and property investment named MDC Property Consultants.
Launched 3 new condominium projects named "Metris"
Launched Maestro 19 Ratchada 19-Vipha

SUBSIDIARY COMPANIES

Major Development’s subsidiary companies were also established to enable the company to provide an all-embracing and end-to-end property service for its customers, from design and construction, to after sale service and consulting. The subsidiaries are comprised of

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STEPS TO PURCHASE PROPERTY
IN THAILAND

Key Fact:
49%
Foreigners can own up to 49% of the total floor area of all units in a condominium according to the Thailand Condominium Act 1991.
Step 1
Select the Unit
Step 2
Sign contract within 14 days
Step 3
Pay monthly installments during
the building construction
Step 4
Inspect the unit with Customer
service Team for any detects
Step 5
Final payment
Step 6
Transfer title deed at the
Land Department
Step 7
Transfer title deed at the Land Department

SIMPLE STEPS TO
TRANSFERING YOUR CONDO

STEP 1
Customers Relation Representative of Major Development will make contact to schedule an appointment for your unit inspection upon completion
STEP 2
Once you’ve check that your unit is ready to be transfer, our Customer Relation Representative will advise you of the expenses involved to complete the process.
STEP 3
Final Payment (Detailed below are the purchasing and ongoing costs of any Major Development Project)
Transfer fee: 2 percent of the purchase price. Typically this cost is split equally between the developer and the buyer
Sinking Fund: a one-off lump sum is paid to the developer upon transfer for all new condominiums. These funds are used for any major building words when required.
Common area management fee: the responsibility of the buyer, this cost is usually paid one year in advance
Utility meters: in new residential properties the buyers needs to pay for the initial registration of the electricity meter

REGISTRATION FOR PRIVILLEGE

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