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Bangkok Condo Developer AP Remains Confident About Revenue

By on Aug 03, 2015 in Property News, Residential

Bangkok condo and SET-listed developer AP (Thailand) is maintaining this year’s revenue target at 10% despite the ongoing concerns of the overall economic outlook. Chief marketing officer Vittakarn Chandavimol said the current economic situation had taken a toll on consumers’ mood to visit project sites or make decisions. “Our only hope is government spending as other economic drivers have contracted,” he said.

AP is planning a major marketing event each quarter to boost sales. AP has an inventory of 2.9 billion THB of condo units. Later this year AP plans to launch 15 projects worth a combined 24 billion baht. The 15 projects will be made up of condo projects, single houses and townhouse projects.

AP operate a service to maintain properties. They pride themselves on providing detailed construction and housing inspection before delivering to the customer.

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