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Two New Low Price Pruksa Housing projects of Bangkok Condominiums

Pruksa is designing 2 innovative and low price Bangkok housing projects close to mass transport paths.

Prasert Taedullayasatit who is the managing director of the company for condominiums stated that Pruksa Real Estate is going towards low-price housing market as well as have ideas to introduce at least two projects in this sector containing value from Bt15 billion to Bt20 billion in the coming year, Similarly two new projects will be near to new mass transport paths.

This shadows the fruitful sale of the company having value  Bt2.7 billion in the second quarter of this year of houses estimated at smaller than Bt1 million 3,000 units, at its desirable Phahonyothin that has growth of about 89. This project is composed of 7,700 units as a whole having value Bt7 billion that is considered main in the portfolio of the company.

He stated that “first time we have introduced a housing project having worth among Bt699, 000 as well as Bt1 million per unit. Once it received encouraging response from the market which inspired us to introduce the identical idea in other parts in addition to this emphasis on market section”.

In the initial  months of the year, prices of houses were at or lower than Bt1 million accounted for 20 per cent of Pruksa’s housing presales accumulated to Bt13 billion, it has aim of presales having value among Bt14 billion and Bt15 billion for the whole year, it is  fine and outside the initial aim of Bt7 billion.  The profits is estimated and adjusted between Bt7 billion and Bt8 billion. 

Last modified onWednesday, 30 October 2013 14:39

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