Thai Stock focus :Preuksa Real Estate

Preuksa Real Estate's presales in the first five months of the year were spectacular at Bt4.4 billion, surpassing last year's entire first-half presales of Bt3.7 billion. This was due to great success with presales of 85 per cent in a single day during this year's second quarter for its first city condo, The Ivy Ratchada, totalling Bt880 million. Affordable prices and an attractive location 170 metres from a Skytrain station are the main reasons behind the warm welcome from its low-income customers.