MK Real Estate will construct 6 new residential units in Bangkok

Development company MK Real Estate announced its intention in 2010 to begin construction of six new residential projects in Bangkok. Recently, the company has already started two new projects, but cherishes ambitious plans for the next year, reports the newspaper Bangkok Post. MK Real Estate expects that in 2010 the total income from sales will reach $ 90 million, while in 2009 is expected to total $ 66 million. The bulk of the revenue in 2010 is likely to come from the sale of finished properties, as well as on the implementation of 2009 projects but 20% of all revenues are accounted for by new housing projects, says MK Real Estate. The company intends to begin construction of the first condominium in the northern part of Bangkok. Also, the developer plans to launch five projects for the construction of townhouses and mansions, including the further implementation of the already launched projects in the Wat Ku Bon and Rarm Intra Km 8. On this Site www.cityscapeintelligence.com