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Home World Business

Thailand’s largest home builder Land & Houses PCL to invest $366m to record sales of 34b baht

byCustoms Today Report
14/01/2015
in World Business
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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.

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Land & Houses planned to open 17 new projects this year worth a combined 37 billion baht, the statement said.

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