AP (THAILAND) Two detached-house projects under ‘Centro’
Listed property firm AP (Thailand) Plc has introduced two new single detached house projects under the ‘Centro’ brand in Rangsit-Kong 4 Wongwaen and Ratchaphruek-Suanphak, at a total cost of Bt2.2 billion.
Ratchayud Nunthachotsophol , chief business group officer for single detached house, said demand is growing for detached homes in the middle-to-high-end segments with prices ranging from Bt 5 million to more than Bt 15 million.
The number of presales of low-rise residential projects in the first quarter grew 64 per cent or an equivalenceof Bt5.2 billion. It is an indicator of real demand from customers looking for a new place to live, he said.
In particular, detached homes are well received by customers planning on family expansion as well as career people with high incomes wanting to move from condominium units to single detached homes in a new high-potential location, where they have easy access to the city centre.
