Supalai Australia Holdings Pty Ltd (a subsidiary of Supalai Public Company Limited) has shown strong growth in the Australian real estate market, reporting sales of 1.7 billion baht in the first two quarters of 2024, a 70% increase compared to the first half of 2023. The company is also preparing to close sales on a major project in Melbourne by 2025.

Dr. Prasart Tangmattatham, Director of Supalai Australia Holdings Pty Ltd, revealed that Supalai entered the Australian real estate market in 2014, partnering with business allies to develop 12 projects across 4 cities: Melbourne and Geelong in Victoria, Brisbane in Queensland, and Perth in Western Australia. The total value of these projects amounts to over 50 billion baht. At the end of 2023, Supalai Australia Holdings Pty Ltd invested in a joint venture with Stockland Communities Partnership HoldCo Pty Ltd, a subsidiary of Stockland Corporation Ltd, one of the largest publicly listed real estate companies in Australia. This partnership established a new joint venture called "SSRCP HoldCo Pty Ltd", signing a contract to invest in real estate projects in Australia worth a total of 1.063 billion Australian dollars (approximately 25.3 billion baht). They are also preparing to develop another 12 new projects in 4 states and 5 major cities, including Sydney and Wollongong in New South Wales, marking Supalai's first expansion into these markets, with a total project value of 5.785 billion Australian dollars (over 137.7 billion baht).

As of now, the accumulated sales (up to June 30, 2024) from the 12 original projects that Supalai holds shares in amount to 24.5 billion baht. In the first half of 2024, the company achieved sales of 1.7 billion baht, reflecting a 70% growth compared to the first half of 2023. One of the standout projects is Arcadia Officer, which has already achieved over 96% in sales. This project, which is the first investment by the company, covers over 800 acres with approximately 1,800 land parcels, totaling 551 million Australian dollars (around 13 billion baht). Supalai holds a 25% stake in this project, which boasts a complete environment with ample facilities, including a large park, primary and secondary schools, a multipurpose sports field, and two nearby train stations. It has also received the 2023 UDIA Victoria Master-planned Communities award from the Urban Development Institute of Australia (UDIA), with expectations to close sales by 2025.

Mr. Athip Pechanon, Director of Supalai Australia Holdings Pty Ltd, stated that after 10 years of continuous investment in Australian real estate, Supalai has made significant achievements in the Australian property market, reflecting the company's growth and stability. Australia is an attractive market with a strong economy, abundant resources, and high purchasing power, coupled with an increasing influx of foreign immigrants, leading to a continuous demand for housing. The stability of the Australian dollar further enhances confidence in investment.

Moreover, Supalai Public Company Limited and its business partners share similarities in professionalism, legality, business integrity, trustworthiness, and righteousness, which help foster good business relationships and enhance sustainable growth potential. Given that the Australian real estate market continues to grow positively, with high purchasing power and a stable economy, it is expected to generate satisfactory returns for the company in the future.