Preuksa aims at 18-bln-baht sales in 2009
Thongma Vijitpongpun
Preuksa Real Estate Plc today announced its plans to generate the total sales of 18 billion baht from 22 new projects to be unveiled in both domestic and overseas markets.
Thongma Vijitpongpun, Preuksa’s president and chief executive officer, disclosed that the company has planned to boost its total sales to 18,000 million baht, about 11 percent increase from last year’s sales of 16,188 million baht.
He said “We are geared up and ready to cope with the challenges of the current economic slowdown, and we have in place a new strategic plan to maintain our domestic growth, as well as, to expand in overseas markets such as India, China, Vietnam and Indonesia. This is to ensure that we remain an organization with sound financial stability even during tough times.”
Meanwhile, Prasert Taedullayasatit, the company’s chief business officer, also revealed that the 22 new projects, which will require some 15 billion baht of investment, will include eight townhouse projects, 11 single-house projects, two condominium projects and one overseas venture.
Moreover, Prasert said, Preuksa is expected to acknowledge a substantial income of around 24.5 billion baht from its 82 existing projects.
Preuksa Real Estate Plc, Thailand’s second largest developer, has in November last year launched “Ivy Thonglor” Project as a five-star condominium in Thonglor area, off Sukhumvit Road. The project is valued at nearly 2.3 billion baht and the sales of the project had reached 30 percent within a month.
Prasert (right) is seen with Preuksa's management team during the launch of "Ivy Thonglor" project.
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