AP (Thailand) Public Company Limited <\/strong>is a leader in real estate project development and housing innovation, reaffirming its position as a property developer with a comprehensive range of products to meet every need. The company showcased its outstanding performance over the past 9 months, achieving significant growth from single-family homes, townhomes, and condominiums (100% JV), resulting in total revenue growth of 22,514 million baht. The transfer value for 9 months of horizontal products amounted to 13,942 million baht, reflecting a growth of 7.7% compared to the total transfer value for the same period in 2018, with net profit reaching 2,183 million baht.<\/strong><\/p>

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            As of October 31, 2019, the company's backlog, or products awaiting revenue recognition, is valued at approximately 55,293 million baht, with condominium products (including joint venture projects) valued at 46,894 million baht, expected to be recognized within the 4th quarter of this year at about 5,156 million baht. Key projects such as LIFE One Wireless and LIFE Sukhumvit 62 are crucial for revenue generation, while horizontal products valued at 8,399 million baht are anticipated to be recognized this year at around 5,039 million baht. With this backlog, the company is confident it will achieve its revenue targets.<\/p>

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            Mr. Anupong Asavapokin, CEO of AP (Thailand) Public Company Limited, <\/strong>stated, “The overall market has changed significantly, with the age of buyers decreasing and their demands becoming more specific. This presents a challenge for real estate operators to create products that stand out and appeal to consumers. AP believes that the urban housing market still has demand, but the product formats and pricing packages must be developed based on actual housing needs and align with current payment capabilities.”<\/p>

            In summary, in 2019, the company has launched a total of 27 new projects valued at 47,860 million baht. As of October 31, 2019, the company has already achieved sales of over <\/u><\/strong>30,600 million baht.<\/u><\/strong><\/p>

“AP Thailand dares to be different for the best quality of life for Thais.”<\/em><\/p>

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Thank you for the information from www.apthai.com<\/a><\/p>