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| Thai developer predicts 30 per cent rise in revenues during 2010 |
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Thailand’s third largest developer has said it is aiming for a 30 per cent rise in revenues during 2010 as a direct result of rising demand. Quality Houses is estimating revenues of Bt15 billion from 13 planned projects, according to Senior Executive Vice President Suwanna Buddhaprasart. The company has plans to build two or three mid- and high-end condominium projects during the next 12 months, with prices between Bt80,000 and Bt100,000 per square metre. Ms. Suwanna added her company expects to book revenues from condominium projects of about Bt3 billion from two city-centre condominium projects that are expected to launch in the second quarter of the year. |
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