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Homebuyers urged to be more prudent

Homebuyers should have more financial discipline and readiness before buying a house as home prices are surging, interest rates are rising and property incentives have expired, says property website DDproperty.com. ....

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Terminal 21 expansion to focus on capital

LH Mall & Hotel Co (LHMH), a subsidiary of Land and Houses Plc (LH), which operates the Fashion Island and Terminal 21 lifestyle complexes, is conducting a feasibility study with a view to developing new lifestyle complexes in areas along Bangkok's mass transit routes. ....

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LH reduces launches to 12 projects


LH reduces launches to 12 projects
published :
14 Jan 2021 at 04:00
5
SET-listed developer Land & Houses Plc (LH) scaled down its residential launches this year to 12 projects, down 25% from last year, worth a combined 20.7 billion baht.
Managing director Adisorn Thananan-narapool said the company expects to have 28 billion baht in presales and 30 billion in revenue from residential sales by the end of 2021.
The investment budget this year exceeds last year s, totalling 11 billion baht with 6 billion allocated for land purchases for residential development, and 5 billion for rental properties.
Last year LH launched 16 new residential projects worth a combined 28.6 billion baht, and invested 6.8 billion baht, lower than the 11 billion originally planned in January 2020. ....

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