Townhouse revenue dropped by 17% to 793 million baht, with the majority of revenue coming from units priced at 24 million baht and above. The key driver was condo transfers at The Extro Phayathai Rangnam project, with units priced from 7.4 million baht. Revenue from low-rise houses was generated from transfers of single detached houses priced at 40 million baht and 80 million baht a unit. This substantial increase led to its consolidated revenue tripling to 2.1 billion baht from 731 million baht. This decline was primarily influenced by a 42% year-on-year drop in revenue from residential sales which fell to 3.4 billion baht.

Source: Bangkok Post May 16, 2024 11:41 UTC