DHOUSE, the Isaan Landlord, Closes Deal to Acquire Asset Group Co., Ltd. has booked 61 plots of prime land, totaling over 300 rai, into its portfolio and is moving forward with a project in Khon Kaen to expand its customer base in major cities.

Mr. Pongpach Lertroongporn, Chief Executive Officer of DHOUSE Development Public Company Limited, a leader in real estate development in Maha Sarakham, specializing in various residential and commercial properties such as single-family homes, duplexes, townhomes, home offices, and commercial buildings, announced that the company's board of directors has approved the acquisition of 100% of the shares of Asset Group Khon Kaen Co., Ltd. (“AGKK”), making AGKK a subsidiary of the company.

AGKK is engaged in real estate holding, owning land with potential for property development in Khon Kaen, comprising 61 plots totaling 299 rai, 1 ngan, and 24.8 square wah.

DHOUSE recognizes Khon Kaen as a major economic city in the Isaan region, featuring tourist attractions, large universities, and a significant local and transient population of students and workers. This area is seen as having great potential for residential living and investment, with a continuously growing demand for real estate.

The acquisition of Asset Group is a strategic move to prepare for business expansion, with the company planning various future projects, including both horizontal and vertical developments, as well as rental spaces. The company is focused on cost management strategies to maintain profitability, addressing labor shortages by selecting appropriate construction materials. The diverse project designs are based on various factors, including site suitability, building and housing regulations, project location, and product types that meet the needs of local customer segments.