Bangkok--16 Mar--Chewathai
Chewathai Company limited (PCL) A leader in the development of the real estate market in the country through Thailand, "Chewathai" has developed a project group under Chewathai of all nine project divided in 7 aluminum. The group develops factory space for rent 2 projects, which within a period of 8 years, the response from customer groups have lived well over a million and the total value of 6870 turnover in sales. Moreover, the past year 2015 surpassed the target of more than 1402 million baht. Exponential growth from the previous year, with the potential to perform the task. Quality management team offers strategic marketing plans market penetration into the stock exchange within 2016 is believed to make "Chewathai" strong growth this year and a step further in the future, certainly.
Mr. Chatchai Panichewa Chairman Chewathai Ltd. (Thailand) said that in 2015 the overall real estate market in the past rounding out the fourth quarter remained strong. The government stimulus measures boosted supported loans for housing for people with low income. And reduce transfer fees and mortgage (30 Apr 16) market is expected to grow from the year 2014, about 15 percent of the total market value of 3.4 billion baht. In the past year condominium market in downtown Bangkok there is fierce competition obviously; the new projects are constantly busy. The condominium market, with prices ranging from medium to high. In recent years, under the "Chewathai" is still in need of a buyer's market. The project will focus on locations are essentially Our lifestyle of people living in the modern era. Which affect the buying and confidence in the potential of "Chewathai" made in the past we more grew up that we aim to put it.
Mr. Chartchai said that with the potential of Chewathai We have a good capital partners TEE Development Pte Ltd in TEE Land Ltd network. Real estate operators registered in the country of Singapore Stock Exchange. The Alliance is holding together in a 49 percent shareholding, which specializes in construction technology. Development of real estate projects that are accepted in Singapore and Asian countries. Therefore, we are confident in our potential. Get ready to compete in the market development both residential condominium projects. Detached houses and commercial real estate this year and in the future. Later this year, "Chewathai" also committed many other good projects that support the expansion of both the real estate market in Bangkok and vicinity.
"Chewathai, we focus on the quality of the work and the project as a main priority in the area of selection is the first proposition of the residents in today's society with the standardization and the price that they are appropriate and meet the buyer's market today. Moreover, selection the material in this project we pay attention in the modern format that match the lifestyle and housing trends in today's society. If you look in the component overview Chewathai can see that the emphasis is on every side which determines its inhabitants therefore 2 factors what we value is 1 condominium, Residential houses must have to travel and convenient transportation. 2. The housing must answer under the project, must support the life style. Facilities and project is the virtual image and identity of the inhabitants. "Mr. Chartchai said.
Mr. Boon Choon Kiat, Managing Director of Chewathai Company limited said that with the potential and confidence in the operation of us for more than 8 years. After success of development projects in the past Chewathai has developed the project of real estate development in the residential and development rental factories that all 9 projects total values are 6870 millions baht. A condominium can be divided into 7 projects. The construction project is finished, and closed the project aleardy1 project that is Surawong condominium the height of 8 floors and a total of 52 units. And completed under construction, selling another 5 projects include Cheewathai Ratchaprarop project height of 26 floors total 325 units. And Chewathai Ramkhamhaeng height of 33 floors total 535 units. Hall Mark Ngamwongwan project height of 8 floors total 792 units. Chewathai Interchange project height of 26 floors total 279 units. And Hallmark Changwattana the height of 8 floors. Marks a total of 427 units. Another project that we want to support project development level with Luxury housing market with Chewathai BangPho with its transition near the river. Transportation that supports both the MRT blue line (BangSue-Tha Phra) near the airport Expressway, near a 24-storey high building, 172 units, average sales price, open each project, the value of the 130,000 square metres, is located at 1040 million.
"The development of factories for rent with 2 projects in the Amata Nakorn industrial estate, Pluak Daeng district Rayong province. The first project consists of 10 factories on land, there are areas for rent 26 rai for rent total 17,120 square metre total 300 million baht. The current construction was completed with open space rental and section 2 project contains 4 factories on land more than 13 rai with total rental space of 9100 square meters total175 million baht. There is a part of the rental area in the development of the chewathai in the pastyear. "
Mr. Boon Choon Kiat more said that in 2015 the company has income total 1402 million baht 218 percent increase from a year ago that total 413 million baht. And net profit of 81 billion baht increased 93 percent from year ago with net profit of 43 million baht. Which results in an operation considered growth and have exceeded the revenue target that we set. In the development plan of us in real estate market this year we aim to optimize the brand into the market, the buyer group and the residents by "Cheewathai" brand is a condominium project aims to answer needs of customers group are buying premium level. "Hall Mark" is a brand condominium that supports market customer group needs a new modern life style. And another one new brand "Cheewarom," that we need develop home market and Townhome in order to support our future growth.
Within 2016 the project development plans Cheewathai we both develop a group of condominiums and detached town home together. Which we corresponding confidence in the potential of the real estate market in Thailand. Which the future growth of the real estate market we believe will continue in parallel with the expansion of the development and international real estate is obvious vertical electric train (BTS MRT) both underground and above ground is expanding continuously. This year "Chewathai" is also preparing to access the stock market (MAI) to enhance the strength of the potential "Chewathai" accord with concept "Chewathai" "Build a Life" Mr. Boon Choon Kiat summarized.