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News Forum - Singha Estate to invest B11 billion in projects in 2022, targets hotels and offices

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Thailand property giant Singha Estate says it wants to invest 11 billion baht in new and current projects in 2022, aiming for a 73% increase in revenue — as soon as global tourism improves. Of that figure, some 4 billion baht will be reserved for fresh plots of land for low-rise housing developments aimed at the upper end of the market, as the company expects to improve their net profit by at least 10% this year, said the company’s chief financial officer, Chairath Sivapornpan… “We will launch three new projects this year, all low-rise houses. For the condo business, we […]

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