Property Perfect Plans New Developments Worth 4.9 Billion Baht in 2025
The company aims to strengthen financial stability while launching four new residential projects.
Sananit Attakarn is the Chief Executive Officer of Property Perfect Public Company Limited (PFP), which announced its strategic plans for 2025, focusing on financial stability and growth.
The company emphasizes revenue generation and profit growth while managing liquidity through financial instruments, including bond issuance.
Property Perfect is set to repay its second bond issuance of 2.1 billion baht that matures on February 11, 2025, with funds already secured.
The company has also prepared for upcoming bond repayments due in April and May 2025, totaling 3.13 billion baht.
This capital will be sourced from the sale of two plots of land: a 3.5-rai site in Ratchada and an 80-rai site in Ramkhamhaeng, together valued at approximately 1.8 billion baht.
In addition to land sales, the firm plans to recover about 300 million baht from shareholder loans as part of an investment sales plan involving riverside land owned by joint ventures.
Revenue from business operations, especially from the popular "Yuu Ruay Condominium", is also expected to contribute to financial stability, with sales reaching 200 million baht due to successful marketing campaigns.
Property Perfect anticipates transfer of ownership worth 400 million baht in the first quarter.
The company has secured financial support from lending institutions and is planning further bond offerings to fund both the bond repayments and ongoing project development.
Sananit confirmed that the company is proceeding with its business plans, announcing the launch of four new projects in 2025 with a total value of 4.9 billion baht.
These include three single-family home projects and one townhouse project, which were postponed from the previous year.
Property Perfect currently manages 51 ongoing projects, including joint ventures.
This year, the company will focus on increasing sales in the luxury project segment in both Bangkok and Khao Yai, which have consistently generated significant revenue, contributing to 40% of the total sales in the past year.
Additionally, the company intends to target condominium marketing efforts towards international clientele, with several completed condominiums located near public transportation, including areas such as Sukhumvit, Wutthakad, and Pattanakarn.
Property Perfect aims for 1 billion baht in sales from international markets this year.
The company emphasizes revenue generation and profit growth while managing liquidity through financial instruments, including bond issuance.
Property Perfect is set to repay its second bond issuance of 2.1 billion baht that matures on February 11, 2025, with funds already secured.
The company has also prepared for upcoming bond repayments due in April and May 2025, totaling 3.13 billion baht.
This capital will be sourced from the sale of two plots of land: a 3.5-rai site in Ratchada and an 80-rai site in Ramkhamhaeng, together valued at approximately 1.8 billion baht.
In addition to land sales, the firm plans to recover about 300 million baht from shareholder loans as part of an investment sales plan involving riverside land owned by joint ventures.
Revenue from business operations, especially from the popular "Yuu Ruay Condominium", is also expected to contribute to financial stability, with sales reaching 200 million baht due to successful marketing campaigns.
Property Perfect anticipates transfer of ownership worth 400 million baht in the first quarter.
The company has secured financial support from lending institutions and is planning further bond offerings to fund both the bond repayments and ongoing project development.
Sananit confirmed that the company is proceeding with its business plans, announcing the launch of four new projects in 2025 with a total value of 4.9 billion baht.
These include three single-family home projects and one townhouse project, which were postponed from the previous year.
Property Perfect currently manages 51 ongoing projects, including joint ventures.
This year, the company will focus on increasing sales in the luxury project segment in both Bangkok and Khao Yai, which have consistently generated significant revenue, contributing to 40% of the total sales in the past year.
Additionally, the company intends to target condominium marketing efforts towards international clientele, with several completed condominiums located near public transportation, including areas such as Sukhumvit, Wutthakad, and Pattanakarn.
Property Perfect aims for 1 billion baht in sales from international markets this year.
