Property Perfect to develop schemes on Sukhumvit, Chaeng Wattana
Listed property firm Property Perfect plans to launch two new residential projects under a joint venture with its Japanese partner, Sekisui Chemical and Hongkong Land worth a combined Bt6.03 billion, the company's managing director Wongsakorn Prasetwipat said on Wednesday.
The first project with Sekisui Chemical is for single detached houses built under the modular system at Masterpiece Sukhumvit 77 worth Bt962 million while the second is for single detached houses at Lake Legend Chaeng Wattana with starting prices of between Bt19 million and Bt60 million.
Wongsakorn added that the developments were expected to boost revenue during the last quarter of 2019. The company earlier announces total revenue of Bt10 billion and net profit Bt1.13 billion for the first half of this year, up 14.8 per cent and 225 per cent respectively over the same period last year.