Mr. Natthapong Khunakarawong, Chief Executive Officer of SC Asset Corporation Public Company Limited revealed the business plan stating, "In 2019, SC aims to grow in sales, revenue, and net profit, targeting sales of 22 billion baht, which is over 40% growth compared to the previous year, and revenue of 19 billion baht."

 

 

SC's total sales for the year will come from 58 projects for sale, with a total value of 62.7 billion baht, consisting of 46 ongoing projects valued at 40 billion baht and 12 new projects valued at 22.7 billion baht.

 

The new projects are divided into 8 horizontal projects with a total value of 6.5 billion baht, including single-family homes priced between 4-50 million baht under the brands Pave, Venue, Bangkok Boulevard, and The Gentry, along with houses and townhomes priced between 2-5 million baht under the brands V Compound and Verve. All projects are located in prime areas such as Rama 5, Vibhavadi, Rangsit, Bangna, and Ladprao-Serithai, among others.

 

For vertical projects, SC will focus on opening locations in the heart of Bangkok, with a total of 4 new projects valued at 16.2 billion baht, with SC launching 2 projects and SCOPE launching 2 projects.

 

SC's new condominiums include 2 projects valued at 6 billion baht:

  1. 1. The Crest, located in the prime area of Lat Phrao Intersection, is near the future transportation hub, close to the Interchange Station with BTS Lat Phrao and just 75 meters from MRT Phaholyothin. The project spans over 1.3 rai and is valued at 3.5 billion baht, surrounded by leading shopping centers such as Central Lat Phrao and Union Mall. Importantly, it is near Chatuchak Park and the Railway Park, offering views of over 700 rai of green space. This project is developed by SC NNR1 Co., Ltd., a joint venture between SC and Nishitetsu Group, a major leader in the Kyushu region.

 

  1. 2. The Crest, located on Sukhumvit 23, in a key business district that combines urban convenience, is close to the Interchange Station at Asoke and Sukhumvit. This project spans over 1.5 rai and is valued at 2.5 billion baht. The uniqueness of this location is its connection to lifestyle areas near tourist attractions and shopping in Thonglor, Phong Phong, and Asoke.

 

For SCOPE Co., Ltd., led by Mr. Yongyuth Chaipromprasit as CEO, this year will see the launch of 2 new condominium projects valued at 10.2 billion baht:

  1. SCOPE Lang Suan, on approximately 2.02 rai, with a project value of 7.8 billion baht.
  2. SCOPE Thonglor, on approximately 1.01 rai, with a project value of 2.4 billion baht.

 

In summary, there are a total of 58 projects for sale, with a ratio of horizontal to vertical projects of 60:40.

 

For horizontal projects, there is stock ready for transfer valued at 3 billion baht, and stock from vertical projects ready for transfer includes 6 projects valued at 8.4 billion baht, including SALADAENG ONE, BEATNIQ Sukhumvit, CHAMBERS CHER Ratchada-Ramintra, and CHAMBERS CHAAN Ladprao-Wang Hin, among others.

 

Additionally, there are 2 new projects completed and ready for transfer this year:

  1. 28 CHIDLOM
  2. CENTRIC RATCHAYOTHIN

 

Thank you for the information from www.scasset.com