Lalin Property Public Company Limited sees positive signals in the global economy for 2018, supporting a bright outlook for the Thai economy. The Thai real estate sector is clearly recovering, with expectations for market growth of 5-7%. The company has announced its strategic business plan for the third decade, under the policy "Year of Competitiveness and Innovation for LALIN 4.0", reinforcing its professionalism and leadership in transforming real estate trends. It plans to launch Lalin Town with 8-10 projects, valued at approximately 4.5 to 5 billion baht, covering Bangkok, the surrounding areas, and provinces. The sales target for the end of the year is 4.4 billion baht, with a revenue recognition target of 4 billion baht, representing a growth of 15%.


Mr. Chaiyanan Chakrakul, the Executive Chairman of Lalin Property Public Company Limited, anticipates a slight improvement in economic growth from 2017, projected at 3.8 - 3.9%. In 2018, the company expects support from tourism, exports, private sector investment, private consumption, and increasing public sector investment entering the economy. It is believed that the low-rise housing market, which is driven by real demand, will continue to grow by about 5-7%. However, caution is advised for the condominium market, as some sectors and locations may begin to show signs of oversupply.

This year marks the 30th anniversary of the company, and it plans to expand with 8-10 new projects valued at approximately 4.5 to 5 billion baht, covering Bangkok, the surrounding areas, and provinces, with a sales target of 4.4 billion baht and a revenue recognition target of 4 billion baht, representing a growth of 15%.



Mr. Churachart Chakrakul, Deputy Managing Director of Lalin Property Public Company Limited, discussed the plans for 2018, which include proactive operational strategy adjustments to reinforce consumer confidence in Lalin Property, which has been trusted for over three decades. The company continues to aim for leadership in transforming the real estate business, particularly in low-rise housing, where it has expertise in concepts, planning, value for living, and selecting potential locations that meet lifestyle and pricing needs, emphasizing digital marketing and CRM strategy.

The strategic plan for the Lalin Town project includes launching 8-10 new projects valued at 4.5 to 5 billion baht, covering Bangkok, the surrounding areas, and provinces in major and secondary cities, with a distribution of 75-80% in Bangkok and surrounding areas and 20-25% in provinces.


In terms of finance, the company has set a budget of approximately 1 billion baht for land purchases, primarily funded by cash flow from operations derived from project transfers and partially from bond issuance. The company's debt-to-equity (D/E) ratio remains at a low level of 0.8-0.9%, significantly below the industry average, reflecting the company's low financial risk and continued potential for business expansion.

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