Real estate developers Areeya set target of 30 percent growth in 2018

According to an announcement made by Thai real estate developers Areeya Property Plc they have said they are aiming for 30 percent growth from projects under their “aesthetic living” developments.

Speaking about the companies targets Areeya’s chairman of the board said “we do not only provide housing, we also design society, life and living conditions.”

They said in their statement that the company is targeting total sales this year of 14.37 billion baht from horizontal and vertical projects.

Real estate developers Areeya set target of 30 percent growth in 2018

They currently plan to launch 11 new projects throughout 2018, 10 of which being horizontal projects and one vertical project and aim to cut their cancelation rate by 5 percent.

In 2017 Areeya posted sales of 11.12 billion baht when they launched 7 new projects last year and held a cancelation rate of 29 percent, their sales increased 39 percent compared to 2016.

Source: The Nation

Content : LovePattayaThailand

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