AP (Thailand) is the top real estate developer this year with 65 projects
AP (Thailand) tops the list of Thailand’s 10 top real estate developers with the highest investments in new residential projects this year.
The Real Estate Information Centre said the number of new residential units in Bangkok and suburban areas will see a sharp jump from 46,602 units last year to 81,126 units built by the 10 top residential developers based on their project plans as follows:
New launches: 65 projects with a total value of Bt78 billion
Revenue target: Bt47 billion
Presales target: Bt50 billion
AP Thailand deputy managing director Witkarn Chanwimol said that this year, they will launch the highest number of projects since the founding of the company. The new projects are divided into 29 townhome projects with a value of Bt25.2 billion, 26 single detached house projects with a value of Bt35.6 billion and five condominium projects with a value of Bt13 billion as well as five residential projects in the provinces worth Bt4.2 billion.
New launches: 46 projects with a total value of Bt50 billion
Revenue target: Bt35 billion
Presales target: Bt35 billion
Sansiri CEO Srettha Thavisin said the company will launch 46 new projects this year, divided into 18 condominium projects and 28 other residential projects on the ground.
New launches: 18 projects with a total value of Bt47.7 billion
Revenue target: Bt29 billion
Presales target: Bt28 billion
Thongchai Busrapan, vice chairman and co-CEO of Noble Development, said his company would launch 18 projects this year, comprising 12 low-rise condominiums and ground residential projects with a value of Bt18.8 billion and six high-rise condominium projects with a value of Bt28.9 billion.
New launches: 31 projects with a total value of Bt42 billion
Revenue target: Bt17.5 billion
Presales target: Bt35 billion
Origin Propery CEO Peerapong Jaroon-ek said the company’s new projects will see a 137 per cent increase this year, compared to last year. The new projects comprise 12 single detached house projects with a total value of Bt13.4 billion and 19 condominium projects with a value of Bt15 billion.
New launches: 34 projects with a total value of Bt40 billion
Revenue target: Bt29 billion
Presales target: Bt28 billion
Supalai managing director Traitecha Tungmatitham said the Covid-19 situation had affected buyers’ confidence last year so it launched just 23 residential projects. But this year, Supalai plans 34 new projects — 31 residential projects on the ground and three condominium projects. Supalai also plans to expand its projects to Chachoengsao, Lamphun, Nakhon Sawan, Nakhon Pathom and Prachuap Khiri Khan provinces.
New launches: 27 projects with a total value of Bt40 billion
Revenue target: Bt22 billion
Presales target: Bt22 billion
SC Asset CEO Nuttaphong Kunakornwong said the company is breaking its record of new project launches this year. The 27 new projects comprise 25 residential projects with a value of Bt33.5 billion and two condominium projects worth Bt6.5 billion. The company also has a budget of Bt11.5 billion to purchase new land plots this year for future projects.
Land and Houses Plc
New launches: 15 projects with a total value of Bt29.52 billion
Revenue target: Bt33 billion
Presales target: Bt31 billion
The company plans to launch 15 new projects this year with a total value of Bt29.52 billion. They include 11 single detached house projects, four twin-house projects, two townhouse projects and one condominium.
New launches: 25 projects with a total value of Bt29.5 billion
Revenue target: Bt13 billion
Presales target: Bt25 billion
Frasers Property Thailand CEO Saenphin Sukhee said the company will launch 10 townhome projects, two twin home projects, 10 single detached house projects and three other residential projects in the provinces.
New launches: Seven projects with a total value of Bt28.4 billion
Revenue target: Bt12.186 billion
Presales target: Bt13.979 billion
Chanon Ruengkrittiy, the CEO of Ananda Development, said the company plans to launch seven projects with a total value of Bt28 billion — five condominium projects and two residential projects on the ground.
New launches: 49 projects with a total value of Bt27.480 billion
Revenue target: Bt12.186 billion
Presales target: Bt13.979 billion
Ketsara Thanyalakpark, the managing director of Sena Development, said the company would be undergoing a major transformation this year and would launch 15 projects worth Bt27.48 billion.