logo
曼谷 icon
icon 曼谷 icon
新聞與資訊
Real Estate Revenue and Profit Rankings: Sansiri Dominates in the First Quarter of 2024
五月 17, 2024
Real Estate Revenue and Profit Rankings: Sansiri Dominates in the First Quarter of 2024 曼谷
By   Internet
  • 城市報
  • Real Estate Revenue
  • Property Profit
  • Thai Real Estate Sales
  • Market Trends
Abstract: With the gradual effectiveness of government stimulus policies, Thailand's real estate market is expected to gradually rebound this year, providing more opportunities for companies to improve their performance.

The first quarter of 2024 posed challenges for many real estate operators. The ongoing economic slowdown and household debt issues have weakened purchasing power in Thailand. However, despite these difficulties, many companies have demonstrated strong management capabilities, especially the top three real estate operators.


Among all real estate operators, Sansiri stood out in the first quarter of 2024, claiming the dual championship in revenue and profit. Its revenue exceeded 256.7 billion baht, with a net profit of 1.1 billion baht, far surpassing its competitors. This positions Sansiri as a market leader.


In the fourth quarter of last year, real estate operators saw an increase in profits and revenue, mainly due to reductions in ownership transfer fees and mortgage fees. These fees were reduced from 2% to 0.01%, providing significant financial advantages to operators. This measure took effect at the end of last year and ended in early this year, positively impacting the market.


Real Estate Revenue and Profit Rankings: Sansiri Dominates in the First Quarter of 2024

livinginsider.com


However, in the first quarter of this year, most real estate operators experienced significant profit declines. The end of previous government stimulus measures and the lack of new incentive policies led to delayed consumer purchasing decisions and weakened market demand. Consequently, compared to the fourth quarter of last year, only Sansiri and Pruksa Group saw increases in profits, while other companies faced declining profits.


Surachet Kongcheep, Managing Director of Property DNA, stated that the government's measures to stimulate the real estate market announced on February 9th this year are a positive signal, expected to take effect in the second quarter. These measures aim to boost market purchasing power and expand the group benefiting from the expansion of the housing price cap, raising the price cap per unit to 30,000 baht, covering 70% of Thailand's housing market.


It is expected that housing ownership transfers this year will increase by 5-6% compared to last year, with transfer values potentially reaching 1 trillion baht, driving GDP growth by 1.1%. This provides opportunities for high-revenue companies like Sansiri to maintain their leading positions while bringing more income growth potential for other companies.


For the overall real estate market, this year is one where real estate operators need to manage their risks and outstanding inventory carefully. In addition to continuing to develop new projects, operators must adjust their strategies based on market demand and purchasing power. Many entrepreneurs have begun to introduce various measures and policies to assist potential buyers. For example, educating buyers on the process of applying for bank loans and offering options such as pre-approval and rent-to-buy before signing purchase contracts are strategies receiving widespread attention this year.

留言
icon
請輸入您的國籍
+87
不能為空
電子郵件地址無效 電子郵件地址未驗證!
icon
歡迎訪問 House.com
登錄或註冊以充分利用您的體驗。這也將增加您與經紀人交流的機會。
請輸入有效的電子郵件地址。
繼續使用 Google
提交即表示我接受House.com的   使用條款
icon icon
驗證您的電子郵件
你好 我們剛剛將驗證碼發送到您的電子郵件中。 請檢查並在此處輸入驗證碼以繼續登入。
驗證碼錯誤
沒有收到電子郵件? 請檢查您的垃圾郵件資料夾
icon
banner
Real Estate Revenue and Profit Rankings: Sansiri Dominates in the First Quarter of 2024
icon 複製鏈接
icon WhatsApp
icon Facebook
icon Twitter