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Bangkok Condo – Upbeat Pruksa to Launch More Projects

By on Jul 30, 2014 in Property News, Residential

In light of improving political and economic prospects, SET-listed developer Pruksa Real Estate Plc (PS) has increased the number of projects it will launch this year to 70 worth a combined 70 billion baht from 60 projects worth 60 billion planned earlier.  It is the second time Pruksa has revised up the figure after recording 5.6 billion baht in townhouse sales in the second quarter. “The property market made a significant recovery in June,” said managing director Prasert Taedullayasatit.

The developer last week reported an increase of 56% in townhouse sales to 5.6 billion baht in the second quarter from the first quarter.  Sales also grew 31% from the same quarter last year.

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