Bangkok Post - Housing prices expected to remain flat bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Developers call for clearer environmental reports bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 the lowest level in 15 years.
LPP Property Management, a subsidiary of SET-listed developer L.P.N. Development Plc, will tap more non-L.P.N. projects, launching a turnkey project consultancy and establishing a joint venture with Synphaet Hospital with the aim of growing annual revenue by 30% from 2023.
9 An artist s rendition of duplex houses at BAAN 365 Muangthong, which will comprise 190 units of duplex houses and townhouses priced between 9-19 million baht. L.P.N. will launch this development in the fourth quarter of 2021.
With a huge quantity of condo stock in hand, SET-listed developer L.P.N. Development Plc plans to rent out unsold units and focus on low-rise housing development, expected to be the key driver for revenue growth in 2021-24.
Chief executive and managing director Opas Sripayak said the company has unsold condo inventory worth 15 billion baht, of which 9 billion represented completed units. We will rent out these completed units to generate a recurring income during an oversupply in the condo market, he said.