The Thai real estate market has shown remarkable vitality in the first quarter of 2024. According to reports from the Associated Press, AP Thailand Corporation achieved remarkable sales performance in this quarter, with total sales reaching 6.717 billion Thai Baht. This achievement not only reflects the market's positive response to AP Thailand's projects but also signifies the overall recovery of the Thai real estate market.

In particular, sales of low-rise projects and apartments reached 52.613 billion Thai Baht and 63.23 billion Thai Baht, respectively, injecting strong momentum into the entire real estate industry. This indicates the strong interest of buyers in various types of real estate projects, including detached houses, semi-detached houses, townhouses, and apartments, all of which are favored by customers. This positive market response has laid a solid foundation for AP Thailand's future development.

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Mr. Vitakarn Chantavimol, Executive Vice President of Corporate Strategy and Creativity at AP Thailand Plc., stated that the market has shown a more positive trend in the mid-to-high-end segment when reviewing the market performance in the first quarter. The sales revenue of 1.17 billion Thai Baht achieved by AP Thailand Corporation demonstrates the high recognition and trust of the market in its products. Behind this trust is AP Group's commitment to providing quality living spaces for customers. Whether in the residential or apartment sector, AP continues to innovate to meet customer needs.

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As we enter the second quarter, AP Thailand Corporation has demonstrated ambitious plans. The company is preparing to launch 894 new projects with a total value of approximately 2.22 billion Thai Baht. These projects include various types of properties such as townhouses, semi-detached houses, detached houses, and apartments, providing buyers with more choices and further driving market activity.

While facing many challenges, AP Thailand Corporation is steadfastly moving towards its business growth goals. Mr. Vitakarn pointed out that although the Thai economy still faces uncertainties and challenges, the company will continue to respond to changes by optimizing personnel management, organizational structure, and supply chain management to maintain sustainable business growth. In addition, the company will seek to collaborate with like-minded business partners to jointly promote industry development.