Pruksa Real Estate president and CEO Thongma Vijitpongpun said the company had maintained its revenue target at Bt47 billion this year after recording presales and revenue of Bt23.93 billion and Bt21.76 billion respectively in the first half.
Thongma said the overall value of the housing sector this year would reach Bt337 billion, a 15-per-cent increase on the Bt293 billion last year.
He added that the sector would continue to grow by 5-7 per cent over the next 10 years thanks to an increasing population and despite the average land price increasing by 10-20 per cent per year. In the first half of this year, the company posted growth in all areas for a Bt3-billion net profit.
He is confident of achieving this year's target of Bt47 billion in revenue.
"The company will continue looking for new investments in the second half of the year and in 2016. We are considering building bigger projects that are more valuable because landpurchasing negotiations are more difficult these days," he said.