Bangkok-based property developers on the Stock Exchange of Thailand are optimistic about an economic bounce back in the latter half of the year, expecting it to help meet their annual performance targets after a subdued start to the year.
Property Perfect Plc., under the management of Wongsakorn Prasitvipat, is set to launch nine fresh housing ventures in the second half. These projects, valued at a cumulative 13.3 billion baht, contrast with the firm’s single venture in the first half which was valued at 1 billion baht.
“We foresee a more robust growth trajectory for the second half of the year compared to the first.”
He noted that a good chunk of their forthcoming projects would be upscale, low-rise dwellings located in the vicinity of international schools, in response to a substantial hike in demand.
Property Perfect is targeting a…
