Ananda sees Thai property market starting to pick-up, announces launch of 6 new projects worth 21 billion Baht


Thailand’s property market has started to see recovery and many of the developers are starting to plan major project launches as economy starts to see recovery.

As part of the move Thailand’s real estate developers such as Ananda Development Plc (ANAN) decided to announce that it was looking to launch as many as 6 projects during the 2nd half of the year that would be worth more than 21 billion Baht.

The bold move to launch so many projects by Ananda comes as the company starts to become more confident about the sales and transfer, thanks to the recovery in the economy and measures undertaken by the government to help the real-estate sector.

Prasert Taedullaysatit, Chief Executive Officer Real estate business unit of ANAN said that ANAN will 6 new projects as planned, worth more than 21 billion baht, consisting of Coco Park Project, Culture Thonglor Project, Culture Chula Project, Ideo Ramkhamhaeng Project – Lamsalee Station, Anda Ratchapruek Project – Chaengwattana and the Artel Asoke-Rama 9 project.

He added that Ananda was confident that they will be able to present the difference and meet the lifestyle of urban consumers directly and clearly.