Land and Houses Public Company Limited (LH)<\/span><\/strong><\/a> has revealed its business plan for 2023, preparing to launch 17 new projects this year, valued at 35 billion baht. The sales target is set at 35 billion baht, with a revenue recognition goal from property transfers at 33 billion baht, while the revenue from rental properties is targeted at 7.15 billion baht.<\/span><\/p>

Mr. Nopparat Sunthornchitjaroen, CEO of Land and Houses Public Company Limited (LH)<\/a><\/strong><\/span> stated that the real estate market trend for 2023 is gradually recovering, especially in the condominium segment, while single-house homes continue to grow due to housing demand. The overall improving economy will be a crucial factor in boosting customer confidence. It is expected that the foreign market will gradually improve as the country reopens for tourism.<\/span><\/p>

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Recently, it has been observed that most property developers are increasingly focusing on single-house markets, while new condominium launches in urban areas have decreased, shifting towards condominiums priced at 70,000-80,000 baht in suburban areas, leading to a continuous supply in the market.<\/span><\/p>

For <\/span>Land and Houses Public Company Limited (LH)<\/a> in 2023 <\/strong><\/span>plans to launch 17 new projects with a total project value of 34.96 billion baht, an 8% increase compared to new projects launched in 2022. This includes 16 single-house projects valued at 28.46 billion baht and 1 condominium project valued at 6.5 billion baht, divided as follows:<\/span><\/p>