RELEASED: 29 Jun 2022 at 04:00
Low-rise real estate designer Kanda Residential or commercial property Co will diversify to condominium, hotel and health in the next couple of years and strategies to introduce 6 brand-new tasks worth a combined 4.7 billion baht in 2022, going for a development of 10% in presales and earnings.
Hasakorn Boonyoung, deputy handling director, stated the diversity strategy was a brand-new method for development to enhance earnings from brand-new sources consisting of repeating earnings and brand-new markets like condominium.
” The business has actually established more than 100 low-rise real estate tasks for over thirty years and never ever done other residential or commercial properties,” he stated. “We have numerous land plots which are ripe sufficient to establish recurring-income residential or commercial properties in the next 3 years.”
2 of them remain in Phuket, consisting of an eight-rai plot near Central Phuket where it prepares to establish a condominium task. Its ecological effect evaluation report will be authorized this year.
The other Phuket task is a 25-rai website near the island’s brand-new traveler location Ma Du Bua Coffee shop in Thalang district. It prepares to establish a wellness centre and hotel to capitalise on the brand-new pattern of health and health in among the world’s essential traveler locations.
” We intend to enhance earnings from repeating earnings company to 10% when the health centre is finished,” he stated.
2 other websites remain in Bangkok consisting of a one-rai plot near Rama VII Bridge and a 3.5-rai plot on Kalapapruek Roadway.
The business prepares to establish condominium tasks on both plots, stated Mr Hasakorn, the 32-year-old 2nd kid of Issara Boonyoung, the business’s handling director and chairman of the committee genuine estate advancement at the Thai Chamber of Commerce.
This year the business will introduce 6 brand-new tasks of single removed homes, duplex homes and townhouses in 4 existing places consisting of Rama II, Lam Luk Ka Khlong 2, Pracha Uthit and Wong Waen-Rangsit Khlong 4.
2 will remain in brand-new places consisting of Ram Intra-Ku Bon and Pattaya-Jomtien in Chon Buri as one of its techniques is to include a minimum of one brand-new area to the advancement strategy.
It intends to have 3.3 billion baht in presales and 2.2 billion baht in earnings by the end of 2022, which increased from 3 billion baht and 2 billion baht in 2021.
