Ananda pares down launches for 2020 - News Summed Up

Ananda pares down launches for 2020


The solo project is Ideo Phahol-Saphan Kwai, a condo project launched last year then delayed because of a low sales rate. By the end of 2020, Ananda aims to have 20 billion baht in presales, comprising 3.4 billion from the new project and 16.6 billion from unsold, completed condo units. In other words, Ananda has an additional 12-13 billion baht as unsold, completed condo waiting for sales. Ananda expects to transfer 22 billion baht by the end of 2020, up 10% from 20 billion in 2019. Of the 2019 transfers, 12.2 billion baht (60%) was from sales of inventory, up from 26% of transfers in 2018, worth 8.7 billion baht.


Source: Bangkok Post February 19, 2020 22:07 UTC



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