ASSETWISE is making strides in the real estate market in 2021 with the launch of 6 projects valued at 10.85 billion baht under the MODIZ, ATMOZ, and KAVE brands. The company also showcased its financial performance for 2020, reporting revenues of over 4.205 billion baht and a net profit of 871 million baht.
Additionally, attendees were treated to the unveiling of advertisements for the three main brands that connect happiness through ASSETWISE. 

 




The year 2020 was a successful one for ASSETWISE, with 3 projects totaling 3.637 billion baht:
- Modiz Rhyme Ramkhamhaeng
- Modiz Launch
- Baan Puripuri Courtyard – Pattanakarn
The company achieved sales of 2.407 billion baht from new projects launched this year. By the end of 2020, ASSETWISE had a backlog valued at 7.848 billion baht, which will generate revenue from 2021 to 2023. As for ready-to-move projects, as of December 31, 2020, the company had remaining units worth 4.094 billion baht, and it plans to complete projects valued at 6.694 billion baht in 2021.







The projects completed in 2020 included:
- Baan Puripuri Townhome Ladprao 41
- Atmoz Chaengwattana
- Atmoz Ratchada - Huaikwang
- Kave Town Space
This allowed the company to recognize revenues of 4.205 billion baht, a 60% increase from 2019. With effective cost and expense management, the company achieved a gross profit margin of 44.2%, resulting in a net profit of 871 million baht, equating to a net profit margin of 20.6%, which is considered highly satisfactory.


Three key components of success stem from the company having a strong team and a dynamic work culture:
1. FOCUS: Prioritizing project development and services that meet customer needs as much as possible.
2. FLEXIBILITY: Quickly adapting to changing situations in a volatile environment, maintaining agility in operations, and being open to new working methods at all times.
3. FAST MOVE: Implementing strategies and plans swiftly to stay competitive.

The core concept of ASSETWISE for sustainable growth in the Next Paradigm includes 4 main strategies:


1. Facilities for New Lifestyle: Continuously emphasizing the importance of common areas in projects and focusing on developing aesthetically pleasing and diverse spaces that accommodate all leisure activities.
2. Health Concern: A special highlight in common areas is the creation of a "Health Station," equipped with basic health check-up tools for residents, including Tytocare, an online device used by doctors to assess patient symptoms in real-time, as well as BMI machines, AEDs, and arm-type blood pressure monitors.
3. Innovation for Living: Innovations for living that enhance happiness and convenience in residences, such as Bluetooth sound systems for music enjoyment in rooms, e-sports activity areas, and various online applications.
4. Strengthen Sustainability: Implementing projects for sustainability in both social and environmental aspects, including training on waste separation and hazardous waste management for legal entities, employees, and residents, as well as establishing clearly marked waste disposal areas.



In 2021, the company plans to complete 5 projects valued at a total of 6.694 billion baht:
- Kave Town Shift
- Baan Puripuri Courtyard – Pattanakarn
- Kave TU
- Baan Puripuri Homeoffice Ladprao 41
- Modiz Sukhumvit 50

The company plans to launch a total of 6 new projects, with a combined project value of 10.85 billion baht, divided into 5 high-rise projects:
- Kave Salaya (60,000 - 70,000 baht/sqm)
- Modiz Rhyme Cloud (80,000 - 100,000+ baht/sqm)
- Atmoz Bangna (70,000 - 85,000 baht/sqm)
- Kave Ava (60,000 - 70,000 baht/sqm)
- Modiz Sriracha
And 1 low-rise project: Baan Puripuri Homeoffice Ladprao 41, starting at 17 million baht.