Supalai plans to launch at least 10 residential projects worth more than Bt10 billion combined, including two low-cost housing projects, next year. The new projects will boost sales by at least 20 per cent next year compared with this year, said president Prateep Tangmatitham.
Land for nine of the 10 planned residential projects has already been acquirednow have the location and land to develop residential projects, as the rest will buy land in the last two months of this year and the next year. Five projects will be low-rise residences, including detached houses, townhouses and twin-houses. Three of them will be located in Bangkok and its suburbs. Two will be located in Chiang Mai and Hat Yai. Chiang Mai is the new location for a residential project as the company sees potential for strong demand there.
There will be two condominium projects and two low-cost residential projects that could qualify for tax privileges from the Board of Investment. One of the low-cost projects will be a condominium located on Sukhumvit 107, and the other a townhouse estate on Rangsit.
via Supalai lines up 10 new projects for 2010 – Nationmultimedia.com.