Press Release

Pruksa gears towards the single house market and close the second quarter with bullish sales of town

02 July 2012 10:50 PM

Pruksa gears towards the market of detached house and townhouse to close the second quarter with the bullish business, achieving the new record of revenue generated by the ownership transfer of townhouse and detached house. The company is ready to shake up the detached house segment by the end of the second quarter by launching “The Plant Pattanakarn”, the latest single dwelling with modern design. Located on the prime location at the center of Patanakarn, the project receives an overwhelming response from the customers. During the 2-day soft launch, the company manages to close the sales of the first phase worth more than Bt300 million.

Mr. Prasert Taedullayasatit, Director and Chief Business Officer, Pruksa Real Estate PCL, said that in the second quarter, Pruksa managed to revitalize the demand in the single dwelling and townhouse market again. The revenue generated fromthe presales and the ownership transfer,particularly the transfer of single house and townhouse in the second quarter hitting the new record of almost Bt6.2 billion from the total domestic transfer value in the second quarter of around Bt6.8 billion. Therefore, the company is confident that, for the market of townhouse and single house, the demand will come back close to the highest level before the massive flood last year again. Although Pruksa was most affected by flood compared to the others in the same industry, Pruksa managed to quickly recover and achieve the new record in terms of the revenue generated from the ownership transfer of detached house and townhouse, higher than the figures before the flood.

“In addition, the company has, late July, opened the sales of the new project “The Plant Pattanakarn” which is the first project under “Pruksa Avenue” brand at the city center location in Pattanakarn 38, Suan Luang District, which is only 5 kilometers from Thonglor.  On an area of more than 400 rais, the project is situated in the prime location amongstvibrant urban communities and accessible transportation network including the expressway and BTS. Surrounded by shopping options, hospitals and educational institutions, “The Plant Pattanakarn” is the detached house project, consisting of 166 units on an area of 45 rais. The project is worth Bt1.159 billion.  Pruksa could close the sales of the first phase during the 2-day soft launch,totalingmore than Bt300 million. These houses will be transferred to customers by the last quarter of this year or within 3-4 months,” Mr. Prasert added. 

“The Plant Pattanakarn” is the modern style detached house, designed to highlight the architectural lines to open up wider perspective. The project highlights the privacy and urban lifestyle, consisting of 3 bedrooms, 3 bathrooms and 2-car parking. The construction materials are exclusively selected to ensure durability and easy maintenance. The property comes in 4 types with uniqueness and functionalities, highlighting an open space with terrace decorated by glass walls. The first dwelling type is Precious: 60 square wahs, the usable space of 219 square meters, 2 master bedrooms with private balcony, kitchen and chamber maid. Plenary is located on 60 square-wah plot with the usable space of 204 square meters and spacious master bedroom and private balcony in every bedroom. Praisecovers the plot of 54 square wahs withthe usable space of 182 square meters, with 2 bedrooms in front of the house and multi-purposed room. The last one is Preen on an area of 54 square wahs with the usable space of 167 square meters, 2 master bedrooms. Presales price starts at Bt5.69 million. 



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