Major Development Public Company Limited, a leader in luxury real estate and pet-friendly condominium development, is gearing up for a new phase of business growth. The company is actively pursuing long-term real estate market opportunities, revealing 15 potential land banks around Bangkok for the development of horizontal projects and condominiums ranging from mid-range to ultra-luxury. This includes 8 land banks currently under construction and 7 additional plots reserved for investment in real estate projects planned for 2024 to 2026, with a total development value exceeding 31.44 billion baht over the next three years.

Ms. Phetlada Poovoralak, CEO of Major Development Public Company Limited, stated, "In line with our brand's vision to become a Lifescape Developer, we have announced an all-time high business plan for real estate, launching new projects worth over 14.7 billion baht. We are currently developing various quality projects according to our strategic plan and timeline to drive sustainable growth and enhance our brand's strength and credibility. We have identified potential areas around Bangkok, including central economic zones and suburban expansions, to develop over 15 projects in locations such as Pinklao, Borommaratchachonnani, Pattanakarn, Ramkhamhaeng, Phrom Phong, Krungthep Kreetha, Phaya Thai, Lat Phrao, and Phahonyothin, with a total project value exceeding 31.44 billion baht."

Currently, the company is developing projects on a total of 7 plots, which include:

5 Horizontal Projects: Mayfield Lane (Ratchada-Ladprao 26) valued at 400 million baht, Mayfield (Pinklao) valued at 1 billion baht, Mayfield (Ram Inthra-Khubon) valued at 2.3 billion baht, 10 & Only (Pattanakarn 20) valued at 1.1 billion baht, and Milford (Ramkhamhaeng 53) valued at 1.6 billion baht.

3 Condominium Projects: Marquis (Phaya Thai) valued at 5.5 billion baht, Muniq (Phrom Phong) valued at 3.3 billion baht, and Maru (Chulalongkorn) valued at 1.1 billion baht, bringing the total value of ongoing construction projects to 16.3 billion baht.

Additionally, the company has identified 7 other potential locations across Bangkok, including central urban areas, lifestyle and office hubs, and convenient transportation routes. This includes 5 horizontal projects in Borommaratchachonnani, Krungthep Kreetha, and Lat Phrao Soi 8, as well as 2 condominium projects in Charoen Mueang, Charoen Krung, and Ari-Phahonyothin. The company plans to develop quality real estate projects, including single-family homes, townhomes, and condominiums, to meet diverse demands across all market segments, ensuring quality and service standards aligned with Major's Craft & Quality philosophy, with future project values exceeding 15.14 billion baht.

"With our investment and development plans for the 15 land banks around Bangkok, totaling over 31.44 billion baht, we expect to create significant movement in the real estate market from 2024 to 2026 over the next three consecutive years," concluded Ms. Phetlada.