• AP Thailand under the promise of "A Good Life You Can Choose" reveals its performance for the first 9 months, maintaining its top position in the residential real estate industry.
  • #APThai, the number 1 real estate company, reports a total revenue of 34.78 billion baht for the first 9 months of 2024, with a net profit of 3.73 billion baht, achieved through a comprehensive portfolio of products including single houses, duplexes, townhomes, and condominiums in both Bangkok and provincial areas.
  • In the final quarter, 11 new projects will be launched, with a total value exceeding 17.59 billion baht.
  • On November 23-24, the first booking for GOOD DAY Sukhumvit 93, a new brand condominium from AP, will open. The one-bedroom units come fully furnished, starting at just 1.79 million baht, with a monthly payment of only 3,900 baht.*
  • On December 14-15, meet CENTRO Vibhavadi - Rangsit, a newly designed single house near Rangsit University and Future Park Rangsit, starting from 7.29 to 12 million baht, and MODEN Kanjanaphisek - Bang Yai, a new English Cottage Style single house with large functions, 4 bedrooms, 4 bathrooms, and 3 parking spaces, starting from 4.59 to 7 million baht.
  • Stay updated on all new projects from AP, including single houses, duplexes, townhomes, and condominiums for 2024. Click here.

Mr. Witakarn Chanthawimon, Deputy Managing Director of Corporate Strategy and Innovation at AP Thailand Public Company Limited, a leader in the Thai real estate development business, under the promise of "A Good Life You Can Choose," revealed the operational results for the first 9 months of 2024. The company has shown outstanding growth with total revenue from horizontal products and condominiums (100% JV) reaching 34.78 billion baht and a net profit of 3.73 billion baht. In the third quarter of 2024, AP achieved total revenue (100% JV) of 13.65 billion baht, growing by 18%, and a net profit of 1.45 billion baht, an increase of over 14% from the previous quarter.

“AP's horizontal product line continues to be a highlight as a market leader in horizontal housing, particularly in the duplex, townhome, and single house segments, which have received positive responses from urban family customers in the Luxury – Main Class segment.”

Meanwhile, AP's condominium segment, which is another key driver, supports strong revenue and profit growth. Recently, the transfer of ownership for the newly completed ASPIRE Erawan Prime project, valued at 3.2 billion baht (100% Transfer), has been successfully completed, along with LIFE Rama 4 - Asoke, which has exceeded the first phase transfer target by over 30% from a project value of 6.5 billion baht. The positive response for ownership transfer continues into the fourth quarter of 2024, reflecting the real demand from condominium customers and their confidence in AP's quality projects, reinforcing our strength as the number one real estate company.” Mr. Witakarn stated.

For the final quarter of the year, the company is preparing to launch 11 new projects with a total value of approximately 17.59 billion baht, resulting in over 192 projects available for sale in Bangkok and provincial areas, valued at over 135.58 billion baht.

Stay updated on new projects from AP, including single houses, duplexes, townhomes, and condominiums throughout 2024. Click here.