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AssetWise eyes big presales boost  from seven new projects this year

Jan 28. 2019
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By The Nation

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Property developer AssetWise plans to launch seven residential projects together worth Bt8.8 billion this year, which it hopes will boost presales to Bt7.3 billion, up 20 per cent from the level achieved in 2018, chief executive officer Kromchet Vipanpong said on Monday.

The new launches will comprise five high-rise and two low-rise projects.

Highlights include a “new brand project”, the IVORY, which is a Bt500-million low-rise condominium on a plot of more than 600 square wah ( ) on Bangkok’s Ratchadaphisek Soi 32.

Then there is “the largest project” – KAVE Town – a mixed-use project with facilities of up to 20 zones and a community mall in front of the project, the CEO said. 

The project will be the first time that AssetWise has tapped the mixed-use market in the Rangsit area. 

The company will conclude the year with “the most beautiful project”, the MODIZ Bang Pho, which will be located close to a bend of the Chao Phraya River in the Bang Pho area, he said. 

In launching the new projects in 2019, the company is determined to operate under three key strategies for consecutive growth, Kromchet added.

“2019 will be another challenging year and a significant step for AssetWise, with a direction that we are ready to move forward to the stock market. It will be also a year in which we are determined to improve the organisation’s strength with a sales target of Bt7.3 billion, which we are strongly confident of achieving. We will also build the brand of AssetWise to become a remarkable developer in Thailand,” he explained.

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