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Thailand's Land & Houses raises 2015 investment budget

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Published Wed, Jan 14, 2015 · 09:50 PM

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Bangkok

THAILAND'S largest home builder Land & Houses pcl has set an investment budget of 12 billion baht (S$480 million) for 2015, about 70 per cent higher than the previous year's target, to tap demand in a recovering domestic property market.

Owned 16 per cent by Singapore's GIC Private Ltd, the company has also targeted an 8 per cent rise in housing sales for the year.

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