expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims
business type is as follows: 1. Real Estate Development Business: 1) Income from residential condominium decreased 2.43290 billion THB or 28.24% from 2018. 2) The development of single house projects has
. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential
THB or 2.71% i.e. from 16,928.07 million THB to 17,387.15 million THB. It is mainly because of the development of a single house project on a piece of land in the land bank i.e. Lumpini Townplace
Rayong shopping malls, are under construction. The construction progress Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 9 of 10 Table 3: Projects under development
that aims to achieve a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping
Pahol 34, and a single- detached housing project, Niyham Boromratchachonani, in Bangkok Metropolitan Area. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use
Pahol 34, and a single- detached housing project, Niyham Boromratchachonani, in Bangkok Metropolitan Area. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use
a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement
of transfer, 4 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth Leasehold REIT