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Plus lifts sales target to B8 billion |
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Thursday, 24 April 2008 |
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source: Bkk Post Apr 22 2008
Plus Property Co, an affiliate of Sansiri Plc, has revised up its sales target
by two billion baht to eight billion and added two more projects, according to
chief executive Maytha Chanchamcharat.
The company now plans 13 projects worth 11 billion baht this year, up from 11
projects worth 10 billion. It cited the stronger real estate outlook following
the introduction of tax incentives, lower transfer and mortgage fees and an
increase in the deduction for mortgage interest to 100,000 baht.
Mr Maytha said Plus saw higher sales in the first quarter and expected to
realise 7.2 billion baht in revenue this year.
Plus will add two new townhouse projects bringing the total to eight worth eight
billion baht under the Town+ brand. The locations would be in Kaset-Navamin, Hua
Mark, Theparak, Pracha Uthit, Yothin Pattana, Onnuj and another two projects are
under the land purchasing stage.
It will also have five condominiums worth three billion baht in locations near
mass-transit routes.
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