labels: ASW
ASW expands its real estate business by having its subsidiary acquire "Chewathai Estate 3" from CHEWA.
ASW announced the acquisition of a 99.99% stake in Chewathai Estate 3 from Chewathai, following the fulfillment of all conditions precedent in the share purchase agreement on October 6, 2569. The acquisition aims to further expand ASW's real estate development business.ASW rakes in over 1.5 billion baht in pre-sales in 9 months, launching 3 new projects in Phuket to boost revenue and meet targets.
ASW achieved sales of 15,287 million baht in the first nine months of 2026, representing 83% of its annual target, driven by strong growth in campus condos and condos along the BTS Skytrain lines.An in-depth look at the economic figures of the Andaman Pearl: from a resort town to the permanent residence of global billionaires.
Phuket is currently transcending its image as a mere seasonal tourist destination, moving towards becoming a "Global Hub" and an "International Island State."Phuket real estate will never die! ASW positions TITLE as its flagship product to attract foreign clients, boosting its backlog to 3 billion baht.
The overall picture of Phuket, an internationally renowned tourist city, is showing remarkable growth contrary to expectations and is like a precious gem that never loses its charm.ASW aggressively targets the Phuket market to capitalize on the high season, confident of achieving 1.85 billion baht in revenue by the end of the year.
ASW achieved first-half sales of 1.18 billion baht, exceeding its target by 64%. Pre-sales surged due to projects attracting international and high-net-worth individuals worldwide. The company anticipates positive factors in the second half, including government measures to reduce mortgage transfer fees and favorable interest rate trends boosting domestic purchasing power. It maintains a strong backlog of over 3.8 billion baht, with revenue to be recognized gradually until 2571.ASW reported Q1/69 revenue of 2,162 million baht, boasting a high margin of 41%, benefiting from the booming Phuket market.
ASW's first-quarter performance grew 20% amid economic volatility, generating a net profit of 230 million baht. The company is poised to transfer ownership of four new projects in the second quarter, totaling 1.3 billion baht. It remains confident that its Phuket portfolio will be a key driver of growth, boasting a strong backlog of 3.8 billion baht, extending until 2028...The positive momentum in the Rangsit-Phuket real estate sector is driving ASW's sales to surge against the backdrop of negative global factors.
AssetWise Public Company Limited achieved total pre-sales of 6,854 million baht in the first quarter of 2569, representing a 16% growth amidst geopolitical volatility.ASW is issuing two tranches of debentures with interest rates of 5.50-6.00% per year, to institutional and large investors from February 24-26. Interest will be paid quarterly.
ASW is issuing two tranches of debentures with interest rates of 5.50-6.00% per year, to institutional and large investors from February 24-26. Interest will be paid quarterly, and the proceeds will be used to repay debt and purchase assets.ASW holds a backlog of 3.2 billion baht, preparing to launch 11 projects in Phuket and a mixed-use project in Rangsit.
ASW is in top form! Presales for 68 exceed 2.3 billion baht, showing explosive growth of 21%. For 69, the company has a strong backlog of 3.2 billion baht.ASW deploys Music Marketing to target Gen Z, pushing “KAVE” to maintain its leading position in Campus Condos and increase yield...
ASW revolutionizes real estate marketing, using music to connect with Gen Z's lifestyle, reinforcing its leadership in the university-focused condo market. Targeting universities across Thailand, it strengthens the KAVE brand, highlighting key selling points such as student-friendly common areas and prime locations guaranteeing a high yield of up to 8%.
