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Real Estate Firm Expects Its Residential Sales to Rise 20 Percent in Thailand.

Bangkok Post (Bangkok, Thailand)

| March 02, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Krissana Parnsoonthorn

Mar. 2--Market leader Land & Houses Plc expects this year to see its housing sales rise 20 percent to 22.4 billion baht, due to continuing expansion in the Bangkok residential market.

The listed developer plans to build and deliver a total of 3,800 residential units to homebuyers this year, up from 2,900 units last year, president Anant Asavabhokhin said yesterday.

Of the total homes to be built this year, 60 percent will be sold for less than five million baht, 30 percent for between five million and 10 million baht, and 10 percent for more than 10 million baht.

Naporn Sunthornchitcharoen, senior ...

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