Property Perfect (PF) has fully paid interest on all 10 series of debentures, is proceeding with the sale of its Silom building and riverside land, and is accelerating salary payments. The company plans to downsize in the second half of the year and recorded a 40-year low in first-quarter sales.

Property Perfect has a 3-year strategy (2569-2571) to reduce debt by 50% by 2570 and extend the redemption period for all tranches by 2 years.

Property Perfect repays 2,100 million baht in bonds, due on February 11, preparing money to repay bonds in April and May, totaling 3,130 million baht.

Perfect closes deal to sell 2 plots of land worth 700 million baht, preparing to issue 2 sets of debentures with interest rates of 7-7.25% to be used to pay off debts and as an investment to stimulate sales in the final quarter of the year, revealing that there is high demand for luxury homes, with sales already totaling 3 billion baht.

Perfect reveals results for the first half of 2567, revenue of 4,827 million baht, overall second quarter, real estate business grows 2%, second half of the year penetrating every segment.

Property Perfect joins hands with 6 banks to offer low interest rates for 2 years, reducing the burden on homebuyers in more than 50 projects.

Property Perfect points out that real estate is suffering, purchasing power shrinking, with high return rates of 70%. Reveals that in 67, 1 project will be launched worth 2 billion baht, another 6 projects will be delayed for another year. 68

PF issues 2 sets of bonds, tenor 1 year 8 months and tenor 1 year 9 months, interest 7-7.3%, interest paid every 3 months, selling to institutions-majors 2-4 Apr. 67.

Property Perfect reveals that real estate in 67 is plagued by banks tightening credit conditions - difficult to raise bonds, working to reduce debt for 3 years, 11,000 million baht, selling land and hotels, ready to launch 7 new projects, focusing on Sell ​​quickly - create a clash flow