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Pruksa Real Estate Ups Revenue Goal after Strong H1 Demand

Thailand leading property developer Pruksa Real Estate has raised this year's revenue target from Bt33.97 billion to more than Bt40 billion thanks to strongly growing demand in the property market in the first half.

The company has set aside an investment budget of Bt2.5 billion for the current third quarter to build three new prefabrication plants in Rangsit near Navanakorn Industrial Estate Pathum Thani. The new plants will have enough monthly production capacity for 450 detached houses with usable space of about 150 square metres each. This will increase its house-construction capacity to 1,100 a month, up from 650 a month from its five existing prefab plants at Klong 5, Pathum Thani.

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