MK plans 2013 projects as sales boom | Bangkok Post: property

Property > News

PROPERTY

MK plans 2013 projects as sales boom

MK Real Estate Plc will use the condominium boom to tap the high-rise residential market aggressively, launching at least three projects worth 1-2 billion baht each next year.

Chutima Tangmatitham, the assistant managing director, said the company plans to launch five new projects in 2013, with at least three condo projects near the mass transit system.

To support investment in the development, the low-rise residential developer will issue a 1-billion-baht debenture in the second half of this year from an approved 5 billion baht. Its debt-to-equity ratio is 0.39 times.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • Property boom in suburbs

    Despite robust supply, the average selling price of new condominiums in eastern and western Bangkok witnessed the highest increase in the city due to a sharp rise in land prices in the past few years.

image

Your comments

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.