"Singha Estate" focuses on a growth policy through diversified investments across various markets including residential, hotel, commercial, and other businesses, aiming to become a "Property Development & Investment Holding Company". The plan is to invest approximately 50 billion baht within the next three years.

            Currently, the company is financially prepared with a capital increase and the issuance of bonds worth nearly 8 billion baht, along with a private placement of new shares to BBL Asset Management, Wattanapat Asset Management, and Franklin Templeton funds valued at approximately 1.6 billion baht, and the issuance of convertible bonds worth another 6 billion baht.


Financial Performance in the First Half of 2017

Revenue grew significantly to 2.23 billion baht, up from 1.23 billion baht in the same period last year, representing an 81% year-on-year increase. However, after deducting expenses, there was a net loss of 28 million baht due to operational and investment expenses, along with foreign exchange losses from investments in the UK. Management anticipates that revenue from various projects already launched will start to be recognized in the second half of 2018 onwards.

The ESSE Singha Complex  project value of 4.16 billion baht with 86% sales
THE ESSE Asoke  project value of 4.77 billion baht with 75% sales.


In the second half of the year, there will be four new luxury projects developed, including:

- The ESSE at Sukhumvit 36  project value of 6.175 billion baht

- Santiburi The Residences   project value of 4.932 billion baht

- Banyan Tree Residences Riverside Bangkok   project value of 6 billion baht

- Nirvana Define   project value of 1.9 billion baht

Additionally, there is a mega project "Emboodhoo Lagoon" in the Maldives, valued at 11 billion baht in phase one, and it has been revealed that there are plans to bring Singha Hotel and Resort (SHR) to the stock market in 2020.

            Mr. Naris Chayaklin, CEO of Singha Estate Public Company Limited, also revealed that the company's current policies include:
- Focusing on project development by diversifying risks
- The luxury residential market has a higher demand than the general market
- The office building sector in the CBD has high competition; the company will focus on investing in locations with less competition
- The hotel business will focus more on resorts in tourist destinations rather than in urban areas.