Under the concept of "Happiness Designed for You" or "We Build Happiness", said Mr. Vipanpong, as the tourism industry in Thailand continues to recover, especially in Phuket, which is a world-class accommodation destination. As a result, the company decided to expand its business to Phuket. It has partnered with real estate development companies who are well versed in the Phuket market and are driving growth in the Phuket real estate market through international markets.
Recently, Assetvis acquired a stake in Lombo Co. Property Public Company Limited (TITLE), a real estate development company listed on MAI (mai), one of the two real estate development companies in Phuket, which holds a 57% stake through Asset's subsidiaries, this is a good time for a good deal (good deal) and a good company (good company) that will support the success of this acquisition.
The rationale for this acquisition is considered to be good Timing as the tourism situation in Phuket has improved. As a result, there is an increased demand for housing from foreign tourists.TITLE can 3% fast start, sell and transfer all projects to offset the slowdown in demand over the last 100 years.2565 The latest projects launched in January, such as the title HALO 79 Nai Yang, have already sold more than 2,567% of their sales and are expected to be transferred starting from the first quarter of <>year.
The good transactions have increased the confidence of customers, partners and investors that the expertise and strength of both companies have made a significant contribution to driving the Phuket real estate market and further boosting the related business, and that TITLE will help to increase the pipeline of Assetvis revenue recognition.
TITLE is a leader in the Phuket condominium market with a management team of more than 10 years , the land is located in a potential location to continue to develop the project by either TITLE or Thai companies. Bodhi Umbrella Properties and Assets have a similar DNA, specifically a love of real estate, a passion for developing great projects and attention to design detail.
At the same time, the TITLE brand customer base, especially foreign target customers, the advantages of design and decoration to meet your needs, as well as the atmosphere of the public space of the tree-lined project is larger and more complete than other projects, which is another important part of improving competitiveness and drive business growth as well as create a good return on investment in the future.
Mr. Comchett TITLE also said that in the future plan, TITLE has 2,569 projects ready to be developed up to 9 years with a total investment of 1.4 billion baht. The projects cover 000 acres and are located in 80 potential sites in Phuket: 3 projects on Nai Yang Beach, 5 projects on Bang Tao Beach and 3 on Rawai Beach.
Phuket is in the process of expanding the second phase of the international airport and in order to increase its capacity to receive international tourists, making the asset an It is expected that the development of the project will achieve the target of 000 billion baht over the next three years (2-10 years).
This partnership with TITLE is further evidence of the Asset's confidence in the growth potential of the Phuket real estate market and an important starting point for expanding its real estate investments. Asset growth and new location expansion. In an increasingly diverse market
This follows the company's twinning with Botanica Luxe. Ltd, a leader in the development of luxury pool villa projects in Phuket, to develop Botanica Grand Boulevard (Botanica Grand Boulevard) as the finest luxury pool villa in Bang Tao Beach. It is expected to open in September this year.
