Siamese Asset plans 6 new residential projects
Developer diversifies into new ventures to boost and stabilise annual revenue
SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients.
Chief executive Kajonsit Singsansern said the company will diversify into new S-curve businesses that have growth potential, looking to establish stable annual revenue as income from property sales fluctuates widely.
“Healthcare and wellness is one of the new businesses we want to branch out…
