housing units were booked during end of the third quarter and these units can be transferred and realized as revenue in the next quarter. - Revenue from rent and service was THB 50.38 million comparing to
%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However
accelerated the transfer of housing units to customers before the Bank of Thailand housing loan control measure (Loan-to-Value: LTV) became effective on April 1, 2019. Even though, the majority of MK customers
million which was higher than sale that recorded in the same period of last year. MK employed several strategies in order to help customers reduce the impact of the Bank of Thailand housing loan control
2,647.55 million. This year, the Company recognized sale not only from its low-rise housing projects but also from the Park Court condominium units. The company had number of bookings which would be able to
year was 31.01%. Revenue generated from single family housing projects and low-rise condominium units were THB 2,853.81 million, higher than last year which was THB 2,653.52 million. The Company had a
million or 27.8% when comparing to the same period of last year which was THB 632.82 million. This was mainly come from the transfer of housing units from the housing projects that the Company launched
these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of
closely with customers to prepare financial documents for housing loan packages. As a result, sales of residential units during the second quarter of this year increased by THB 221.6 million from THB 489.99
subsidiaries as follows: - Decrease in sale of real estate business by THB 13.66 million or 2.22% when comparing to the same period of last year. However, revenue realized from sale of low-rise housing units