• AP Thailand showcases net sales performance exceeding 46 billion Baht, reaffirming its position as the number one leader in the Thai real estate market, standing tall as the champion of the year... and forever.
  • Standing strong... with robust financial potential, maintaining a net debt-to-equity ratio of only 0.74 times, along with liquidity supported by a credit line of over 17 billion Baht.
  • Standing strong... in successfully launching new projects and ready-to-move-in properties, including condominiums, single houses, duplexes, and townhomes, with the best distribution for sale across the country, totaling over 186 projects.
  • Standing strong... achieving sales targets by closing over 22 projects, both horizontal and vertical, guaranteeing quality homes from AP that deliver "A good life that you can choose" to meet diverse lifestyles better than anyone else.
  • Standing strong... delivering sustainable good lives through the project 'Forest Corner by AP', creating more than just green spaces, but connecting biodiversity with urban living.
  • Standing strong... guaranteeing excellence in every dimension, winning 29 major national and regional awards, capturing consumer hearts and gaining the highest confidence from researchers, analysts, investors, fund managers, and esteemed committees.

Mr. Witakarn Chanthawimon, Deputy Managing Director of Corporate Strategy and Innovation at AP Thailand Public Company Limited, discussed the strong performance of AP in 2024, maintaining its position as the number one real estate company in Thailand. The company has achieved sustainable growth in all key dimensions, with net sales exceeding 46 billion Baht, the highest in the industry (as of December 15, 2023).

Standing strong... in successfully launching new projects and ready-to-move-in properties, with the highest net sales statistics in the industry resulting from the successful launch of new projects and ready-to-move-in properties from the AP group, distributed across the country with over 186 projects, reflecting the strong sales momentum of all product groups in the AP portfolio, including condominiums, single houses, duplexes, and townhomes. Notably, 7 projects received excellent responses and outstanding booking numbers this year, including LIFE Charoenkrung - Sathorn, ASPIRE Huai Khwang, THE CITY Bangna 2, THE CITY Pinklao-Prannok, Ban Klang Mueang THE EDITION Bangna, PLENO TOWN Petchkasem 81, and Api Town Suphanburi, confirming the superiority of AP's products that stand out in the market, meeting every demand across all price segments.

Standing strong... with strong total revenue and financial potential.

In terms of total revenue performance over the past 9 months, AP Thailand holds the position of 'number one' industry leader with total revenue (100% JV) reaching 34,780 million Baht, reflecting the strength of the AP brand and its success in delivering 'A good life that you can choose' to meet every lifestyle, especially through ready-to-transfer projects that have received good responses. Recently, the company successfully closed the transfer of ownership for projects (Finished Transfer) exceeding targets, including 22 projects valued at over 23,000 million Baht, comprising 20 horizontal projects and 2 condominium projects, namely ASPIRE Erawan Prime and ASPIRE Ratchayothin.

Moreover, AP Thailand maintains strong financial potential, ranking among the top in the industry, with a strict net debt-to-equity ratio of only 0.74 times, along with liquidity supported by an available credit line from financial institutions amounting to 17,000 million Baht (as of September 30, 2023), reflecting AP's business management capabilities and strong financial stability, reinforcing its ability to invest in project development and expand sustainably in the future. Additionally, it has received a sustainability rating of "SET ESG Ratings" at the level of AA from the Stock Exchange of Thailand and a corporate credit rating from Tris Rating at the level of A with a Stable outlook for two consecutive years.

Standing strong... AP wins 29 major awards from national and regional platforms, becoming the top real estate developer of the year 2024. This year marks another significant success for AP, winning 29 prestigious awards at national and regional levels, reflecting its outstanding leadership in every dimension, including receiving 12 top awards in the excellent real estate business category from various leading national and regional platforms, and 4 prestigious awards in the CEO and excellence in financial management category from the IAA Awards for Listed Companies 2024 and LivingInsider Developer Awards 2024.

Additionally, AP has been recognized for its brand strength and product branding, receiving a total of 7 awards as the number one brand in consumers' hearts and product brand of the year, including outstanding digital performance as the only real estate brand in Asia to win awards from the Meta Reels Impact Awards 2024 and 3 awards recognizing sustainable ESG performance of the year.

Standing strong... delivering sustainable good lives through the project 'Forest Corner by AP'.

With a commitment to delivering 'A good life that you can choose', AP Thailand, as a leader in real estate that cares for the environment, is dedicated to creating residential projects that meet every lifestyle and promote sustainable quality of life for residents, society, and communities.

This year, AP has elevated its sustainability efforts through the initiation of the 'Forest Corner by AP' project, designing green spaces in projects to be more than just beautiful gardens, but rather small 'forest corners' that promote biodiversity, selecting various plant species to create a small ecosystem in the city that harmoniously connects nature with urban living, allowing residents of AP projects, from young children to the elderly, to relax and enjoy sustainable good lives.

The beginning of the 'Forest Corner by AP' project is more than just a beautiful garden; it is about creating vibrant life. AP has received positive feedback from residents in the first pilot projects, such as LIFE Sathorn Sierra, CENTRO Bangna, and CENTRO On Nut-Ladkrabang, who have experienced the 'vibrancy' where children enjoy learning from nature in the projects, such as hearing birds chirping, seeing butterflies fluttering, and exercising in the shady gardens, making residents feel relaxed and happier in their daily lives.

“AP is proud to be part of creating a livable city, and importantly, to see residents benefiting from and enjoying the forest corners within the projects. Next year, we will expand the forest corner project to new condominiums, single houses, duplexes, and townhomes throughout Bangkok and its vicinity, hoping to be another starting point for creating an environmentally friendly city and promoting good health for everyone,” Mr. Witakarn added.

AP Thailand stands strong as the champion of the year... and forever.

AP Thailand would like to thank all the positive responses from customers across all groups and the trust and confidence from researchers, analysts, investors, and esteemed committees, etc. Above all, AP will use these successes as a driving force to develop even more excellent and sustainable real estate projects with innovative living spaces that will set new standards for the industry, including condominiums, single houses, duplexes, and townhomes across all AP brands, ensuring quality, functional living spaces, safety in living, and the convenience of the best locations that will create a difference and deliver a perfect living experience to fulfill the grand vision of delivering a good life that you can choose to customers throughout Thailand.

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Stay updated on all new projects from AP, including single houses, duplexes, townhomes, and condominiums by clicking https://apth.ly/APNewHome2024.