Newsfeed

Listed property firm Property Perfect plans to launch eight residential projects worth Bt14.17 billion on expectations of boosting its total sales to Bt8.6 billion in the second half of this year, chief executive officer Chainid Adhyanasakul said.
 He added that in the first half of this year the company launched seven residential projects worth Bt5.8 billion, with solid sales contributing to a backlog worth Bt5.4 billion that will booked to the company’s revenue in the second half of this year and next year. “We are confident our sales in the second half of this year will better than in the first half of this year,” he said.

PLASTIC POWER
Krungsri card holders 
enjoy fee-free forex

Customers can purchase foreign currencies with Krungsri debit cards and Krungsri Group credit cards at the same exchange rates as those for cash to cash transactions, with no fees, at any of the bank’s 100 branches and foreign currency exchange booths in Bangkok and surrounding areas.
Under this service, Krungsri credit cardholders will enjoy not only a grace period of up to 50 days, but also low-interest instalments for up to 10 months.
Phonganant Thanattrai, Bank of Ayudhya head of Retail Banking and Distribution Group, said that the currency exchange service with Krungsri debit cards and Krungsri Group credit cards had been developed under the bank’s “customer centricity” strategy that aims to improve convenience and service.
Under the concept of “Just Swipe, Get Forex for Happy Trips Worldwide”, the purchase of foreign currencies can be made with Krungsri debit and credit cards for up to Bt100,000 per person a with no fee at the Bangkok area branches and exchange booths.
 The company says credit-card holders will also get value for money with either a grace period of up to 50 days or an instalment with 0.79 per cent interest per month for up to 10 months. 
The service is available at participating branches, such as the Rama III branch, as well as branches in department stores and office buildings, totalling 94 branches in Bangkok and its surrounding areas. The six participating foreign currency exchange booths are at Don Mueang Airport, Megabangna, Siam Paragon, Thaniya Plaza, the Sukhumvit 15 branch and the Sukhumvit 35 branch. 

HIGH LIFE
AP (Thailand) pitches 
luxury living at Vittorio

Listed property firm AP (Thailand) is promoting its latest luxury condominium project, the Bt3.5 billion Vittorio.
The project has only 88 units in a 28-storey building complete with what the company calls “ultra-luxe amenities”.
The development is a 1.29-rai plot on a prime site near the top of Soi Sukhumvit 39, close to the Phrom Phong skytrain station and The Em District commercial neighbourhood offering travel convenience and lifestyle excitement at a starting price of Bt28 million, the company’s chief of business group-condominium, Vittakarn Chandavimol, said yesterday.
 The market for so-called ultra-luxe condominiums in urban areas (with prices from Bt300,000 per square metre) has attracted a great deal of interest in the last two or three years. The trend shows there is room for further growth, Vittakarn said, “because, if you look at the sales at the end of the first quarter this year, sales of ultra-luxe products launched in urban areas made up around 70-80 per cent of all ultra-luxe products”.