BANGKOK: Thailand’s largest home builder Land & Houses PCL is planning to invest 12 billion baht ($366 million) this year and aimed for housing sales of 34 billion baht, up 8 percent from a year earlier.
The company, which aims to raise 10 billion baht via a bond issue later this year, planned to spend 8 billion baht to buy land and another 4 billion baht to buy properties for rent, it said in a statement.
Land & Houses planned to open 17 new projects this year worth a combined 37 billion baht, the statement said.