
SET-listed developer Ananda Development Plc will launch only two new projects worth 14.6 billion baht this year, in order to focus on unsold, ready-to-move-in condos worth a total of 29 billion baht which could capitalise on the resumption of Chinese buyers.
Chanond Ruangkritya, Ananda president and chief executive, said international markets would be a key driver for the firm's performance and the overall condo market this year, as there were a lot of buyers in mainland China looking for second-hand homes overseas.