Post Today: Foreigners Shop Hi-end Residences

24 June 2014

Sorapoj Techakraisri, CEO of PACE Development Corporation Plc., said demand from foreign buyers is still growing despite the most recent political development in Thailand in the past month. PACE was able to sell three more Ritz-Carlton Residences, Bangkok worth 206 million baht to foreign buyers from the US and Europe. This year, it targets to recognize 300 million baht in revenues and expects to see revenue grows beyond a billion baht next year from its MahaSamutr development in the resort town of Hua Hin.