TCC Capital Land upbeat as first phase of Villa Asoke has good presales

CEO Soamaphat Trisorat said that after getting positive feedback from the market, the company now planned to open the second phase as soon as possible.

The project will have a total market value Bt3 billion.

Villa Asoke, located close to the Airport Rail Link on Asoke Road, offers average prices of Bt75,000 per square metre. - The Nation

Masterplan 101's luxury showroom opens doors

Home-builder Masterplan 101 estimates sales of Bt500 million in the next five years after the grand opening its Bt90-million luxury showroom last week.

Managing director Anantkorn Amornwatee said the target had been set for customers with purchasing power to build residences priced at more than Bt15 million. - The Nation

Suparaj earmarks Bt300m |to buy undeveloped land

Suparaj Group has set aside Bt300 million to buy two plots of undeveloped land for the development of residential projects in the next year.

Managing director Sumeth Sukphanpotaram said the company could not say how many projects it would open in the next year, as that depended on the market. However, it needs to collect land for future use.

Suparaj will open the second phase of a residential project in Pran Buri district of Prachuap Kkiri Khan province. The Bt300-million project will have only 20 units and will be launched next year, he said. |- The Nation

Private residential prices start |to rise again in Singapore

Singapore's private residential property prices rose last quarter for the first time in more than a year as the island-state's economy emerged from its worst recession since independence.

Home sales totalled 4,466 in the first two months of the quarter, exceeding the 4,300 transactions for the whole of 2008. The jump in demand prompted National Development Minister Mah Bow Tan to introduce new measures to prevent excessive price swings in the property market last month. - Bloomberg