Eastern Star expects extra presales | Bangkok Post: property

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Eastern Star expects extra presales

The SET-listed Eastern Star Real Estate Plc (ESTAR) expects 3.2 billion baht in presales this year after recording 3.12 billion last year, beating its target of 2.5 billion.

Chief executive Ratanachai Phatinavin said 2013 presales will come from remaining units at existing projects and two new condominium projects worth a combined 4 billion baht to be launched in the second half.

Last year, presales rose by 85% from 2011, mostly from its six projects in Bangkok _ five condominiums and a single house project.

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