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for Bangkok real estate business in 2019 and necessity to increase caution in business operation, the management maintain positive view over luxury condominium1 market, appraising from sales volume of
1 No. For. 37/2018 November 28, 2018 Subject: Notification on the additional investments in shares of M.K. Real Estate Development Plc. To: President The Stock Exchange of Thailand Enclosure
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
from Bangpoo Industrial Estate has exceeded the revenue from condominium project. 2 . The total expenses were Baht 3 6 9 .5 4 million, consist of Cost of sales in real estate development with an increase