11 top real estate entrepreneurs in the past 9 months

In the first 9 months of 2024, the Thai real estate market continued to face challenges from the slowing economy, high interest rates, and rising household debt.

However, many large developers were able to maintain impressive performance, especially in the luxury project group and residential projects in potential locations that cater to high-income earners.

Which has collected 11 top real estate operators in the past 9 months as follows:

1. Sansiri (SANSIRI)
- Revenue: 28,877 million baht (+4.7%)
- Profit: 4,009 million baht (-15.8%)

2. AP Thailand (AP)
- Revenue: 28,049 million baht (-3%)
- Profit: 3,727 million baht (-21%)

3. Supalai (SUPALAI)
- Revenue: 22,792 million baht (+5.8%)
- Profit: 4,201 million baht (+5.8%)

4. Land and Houses (LH)
- Revenue: 20,419 million baht (-4.1%)

- Profit: 2,898 million baht (-27.4%)

5. Pruksa
- Revenue: 15,607 million baht (-21.6%)
- Profit: 753 million baht (-63.9%)

6. SC Asset
- Revenue: 14,688 million baht (-7.2%)
- Profit: 1,220 million baht (-25.2%)

7. Origin
- Revenue: 9,638 million baht (-22.3%)
- Profit: 1,318 million baht (-45%)

8. AssetWise
- Revenue: 7,767 million baht (+62.5%)

- Profit: 1.3 billion baht (+113.7%)

9. Quality House (Q House)
- Revenue: 6.641 billion baht (-3.6%)
- Profit: 1.683 billion baht (-11.2%)

10. LPN (LPN)
- Revenue: 5.978 billion baht (+7.4%)
- Profit: 226 million baht (-33%)

11. Ananda (Ananda)
- Revenue: 5.167 billion baht (+107.8%)
- Profit: 321 million baht (+147%)

Despite the many obstacles facing the Thai real estate market, the strong performance of the top companies reflects their ability to adapt and their development strategies that directly respond to market needs.

Especially in the high-purchasing customer group This trend indicates that quality projects that meet new trends, such as pet-friendly and senior-friendly homes, still have the potential to grow continuously in the Thai market.

Thank you for information from thansettakij

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