volume derives from single house projects i.e. 260 million THB from complete and ready-to-move-in projects and 340 million THB from complete projects ready to be handed over in Q1/2021. 2.2 The backlog of
: Unit: Million THB Sales Volume Amount Note Backlog Transfer in 2019 Transfer in 2020 Total 2019 - 2020 1. Residential Condominium 3,300 90% of sales volume in 2019 derives from ready-to-move-in projects
(total of 1,609 room keys). 1 August 2019 VHG II received the transfer of ordinary shares in 2 companies in Germany and obtained the right to manage 2 hotels in operation namely Vienna House Easy Mo
% YoY to THB 6,976mn, preeminently due to full year consolidation of the hotel business in Europe and from acquired assets under the Entire Business Transfer of Unicorn Enterprises Limited (EBT of UE
target groups of customer. In 2017, the Company started developing premium single house projects. The residential property price in the market at the time had a tendency to rise, especially those located
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
industry. The impacts on the Company are worse than others because the majority of income and sales volume of the Company during the first 9 months derive from sales and ownership transfer of ready-to-move
% respectively. The expenses in sales (excluding ownership transfer expenses) increased 355.17% from the brokerage fee of Lumpini Suite Petchaburi - Makkasan project, the income of which was recognized in Q1/2019
quarter, the Sansiri JV (i) fully sold and fully transferred The Line Chatuchak-Mochit project, (ii) continued to transfer units of the ready-to-move-in The Line Wongsawang and (iii) begun transferring
, 2020. To : The President and Governing Members of The Stock Exchange Market of Thailand For the first quarter of 2020, Real estate transfer activities of condominium and house totaled 3,393.9 million