'A5' has achieved sales of 530.54 million baht in the first five months of this year, exceeding its target by 7% as the overall real estate market gradually recovers and consumers who had previously delayed their decisions are returning to view projects and purchase residences. The outlook for the real estate sector in the second half of the year remains positive, provided there are no new factors impacting the market. The company is now preparing to launch the 'Baan Ratchaya Prachasanti' project in Udon Thani, featuring single-family and twin houses priced between 2 to 4 million baht.

Mr. Supachok Panjatsap, CEO of Asset Five Group Public Company Limited (A5), revealed that the real estate business has shown steady improvement over the past five months following the government's easing of lockdown measures and the full reopening of the country. This has allowed businesses in various sectors to resume normal operations, positively impacting consumer confidence. At the same time, consumers who had previously postponed their housing purchases to wait for favorable prices are now scheduling visits to projects more frequently compared to late last year, as they assess that housing prices are likely to rise soon due to increasing construction costs and material prices following the rise in oil prices.

This situation has positively influenced the company's overall performance in the first five months, achieving sales of over 530.54 million baht, surpassing the set target by more than 7%. The main revenue-generating project for the company is the Vana Residence Rama 9 – Srinakarin, a luxury three-story single-family home project located on the new Bangkok-Krit road. Currently, only 2 units remain available for transfer of ownership, which are expected to be sold soon.

Looking ahead to the second half of the year, if no new factors affect consumer confidence, it is anticipated that purchasing demand will continue to recover due to pent-up purchasing power. However, it is essential to monitor the trend of policy interest rate adjustments by the Bank of Thailand, which will impact the interest rate hikes of commercial banks and the repayment capacity of housing loan applicants.

Consequently, the company plans to launch three new projects in the second half of the year, with a total project value of 4.57 billion baht, including one horizontal housing project in Udon Thani and another in Bangkok. The company is set to hold a pre-sale for the 'Baan Ratchaya Prachasanti' project in Udon Thani this August, featuring single-family and twin houses priced between 2.79 to 4.5 million baht, with a total of 71 units and a project value of 270 million baht. In the final quarter, a super-luxury horizontal housing project in Bangkok valued at 2.7 billion baht will be launched, along with another horizontal housing project in Udon Thani covering approximately 100 rai, valued at around 1.6 billion baht.