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TCC Capital Land aims for higher revenue from Bangkok housing projects.

Bangkok Post (Bangkok, Thailand)

| December 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: Kanana Katharangsiporn

Dec. 2--TCC Capital Land, the property arm of liquor tycoon Charoen Sirivadhanabhakdi, expects to generate revenue of seven billion baht by 2007 from 10 residential projects in Bangkok, according to executive director Wallapa Traisorat.

The company is developing three new residential projects on some of the plots owned by the parent TCC Land. The first project will be a high-end condominium of not more than eight storeys on Phahon Yothin Road, expected to be launched by the first quarter of 2005.

The first phase on 70 rai of a single-detached housing project in the Kaset-Navamin area and a condominium project would ...

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