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The developer Sansiri forecasts Bht1 bn. Revenue on Sukhumvit project.

Asia Africa Intelligence Wire

| March 31, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Corporate News - Sansiri Sukhumvit seen earning Bt 1 bn, The Nation reports.

Sansiri Plc expects to make at least Bt1 billion from the sale of its luxury Sansiri Sukhumvit housing project, 10 per cent of its estimated Bt10 billion in sales for the year, the company's chief executive officer said.

Apichart Chutrakul said the exclusive single detached housing project on Sukhumvit 67, under the concept of 'Penthouse on the Ground', is different from other projects on Sukhumvit Road.

The project was valued at Bt3.5 billion after the company invested Bt2.8 billion to construct 96 detached housing units and …

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News wire article from: Asia Africa Intelligence Wire July 24, 2003 700+ words
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