News Forum - AP to launch 5 condo projects for 13 billion baht in 2022, cites early presales gains

[Thaiger]

AP Thailand is planning to develop 5 apartment complexes at a projected cost of 13 billion baht in 2022, citing a significant increase in presales in Bangkok’s condo market in Q1 this year. The chief of the condominium business group says the condominium market in Bangkok has shown positive signs in the last six weeks, with AP registered 1.08 billion baht in presales from January 1 to February 15 for a 250% increase year on year. “Mass market condo with prices of 2-3 million baht a unit is in high demand. To avoid mortgage lending rejection, we will work with […]

The story AP to launch 5 condo projects for 13 billion baht in 2022, cites early presales gains as seen on Thaiger News.

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[HiuMak]

17 hours ago, Thaiger said:

AP Thailand is planning to develop 5 apartment complexes at a projected cost of 13 billion baht in 2022, citing a significant increase in presales in Bangkok’s condo market in Q1 this year. The chief of the condominium business group says the condominium market in Bangkok has shown positive signs in the last six weeks, with AP registered 1.08 billion baht in presales from January 1 to February 15 for a 250% increase year on year.

Really?