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Mass transit change prompts review by PF.
Byline: Kanana Katharangsiporn
Sep. 8--Stung by uncertainty over the fate of the Purple Line rail system, the listed developer Property Perfect Plc (PF) plans to place more emphasis on price and less on location in its corporate campaigns.
Up until now, Property Perfect had promoted the convenience of its projects along the planned Purple Line subway, which the government now proposes to replace with a Bus Rapid Transit (BRT) system due to limited funds.
"This lesson taught us not to put all of our eggs in one basket when launching a campaign," said assistant managing director Teerachon Manomaiphibul.
"It's too risky, especially if ...
- Property Perfect opening seven home sites near transit routes.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 16, 2005 700+ words
...The listed residential developer Property Perfect Plc plans to open seven new residential...the company's main target group. Property Perfect currently has a land bank of around...this year are seven billion baht. Property Perfect is also looking to restructure its...
- Thailand's Property Perfect Floats Bond Issue to Buy More Land.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 28, 2004 700+ words
...Katharangsiporn May 28--Property Perfect Plc will float...rate of under 5 percent. Tris Rating...expansion," said Property Perfect vice-president...prices by 3-4 percent at the end of...projects. Shares of Property Perfect closed yesterday...
- Property Perfect to offer customisation.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 23, 2007 700+ words
...duplex houses and condominiums rose by 14 percent, 497 percent and 840 percent respectively. "We're confident that single...baht last year to 3.2 million this year. Property Perfect (PF) shares closed yesterday at 3.32 baht...
- Thai homebuilder Property Perfect reports good demand for debentures.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 21, 2004 700+ words
...Chudasri Aug. 21--Property Perfect Plc (PF) is issuing...City Bank plus 3.4 percent for the first lot, 3.5 percent and 3.65 percent for second and third...as collateral at 150 percent of the issues' value...one million baht. Property Perfect has a debt-to-equity...
- HK fund invests in Property Perfect.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 20, 2006 700+ words
...has invested 800 million baht in Property Perfect Plc (PF), with a target to double...debentures with a coupon rate of 3.5 percent. The bonds can be swapped for a 14 percent stake in Property Perfect at an exercise price of 6.25 baht...
- Property Perfect rating cut.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) October 19, 2005 700+ words
...Ratings has reduced the credit rating for Property Perfect Plc (PF) by one notch to BBB- (tha...While PF reported sales growth of 36 percent in the first half, earnings growth...material costs, with EBITDA down 2 percent year-on-year to 305 million baht...
- Property Perfect to lower house prices: 20% cut and prefab houses in pipeline.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 8, 2006 700+ words
...Listed property developer Property Perfect Plc (PF) plans to lower housing prices by 20 percent and launch a new brand...the industry fell by 10 percent to reach 3.4 million...Prices dropped by almost 30 percent to 2.4 million baht...
- Property Perfect eyes B8bn sales.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 18, 2006 700+ words
...May 18--Housing developer Property Perfect Plc expects its 2006 sales revenue...houses in its projects by 5 percent to 10 percent to account for a rise in operating...this year dropped to 31.81 percent compared to 36 percent in the...
Source: HighBeam Research, Mass transit change prompts review by PF.