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Golden Land — Company Profile
Property Company reports
Golden Land was listed on the Stock Exchange of Thailand (SET) in 1994. Since the first quarter of 1999 when the company was completely restructured, a new management team led by Chief Executive Officer Mr. Liakat Dhanji has developed a portfolio of property developments to the highest industry standards that has focused on two main business areas, that of development in the Bangkok Metropolitan area of Single Detached Housing (SDH), and the development of Residential and Commercial property in Bangkok’s Central Business District (CBD).
In 2000 Golden Land first focused on the development of single, luxury detached homes and soon established a reputation for well priced, contemporary and elegant designs, that quickly sold because of high consumer demand. The company then expanded its operations to include carefully selected luxury housing projects, CBD residential projects, and CBD commercial projects.
In the development of two high-rise serviced apartment projects, Golden Land has formed a strategic joint venture and management arrangement with high profile brand leaders such as Marriott International and The Ascott Group Limited whose specialised areas of expertise ideally complement those of Golden Land.
Golden Land is also working closely with local and foreign financial institutions on innovative and pioneering financing packages, including for our house buyers, a pre-approved mortgage scheme, and an escrow account, plus many other unique financing features designed to respond to the special needs of a growing clientele.
A highly skilled team has been assembled to actively pursue opportunities in these market segments. The spread of activities in these divisions has provided flexibility and stability, minimizing the impact from cyclical downturns in particular market segments.
Golden Land is now poised to become Thailand’s most diversified and cost effective property developer with balanced revenues coming both from residential housing development and recurring income provided by CBD property investments.
This uniquely beneficial diversification, made possible by the company's earlier financial restructuring and subsequent innovative management initiative, is exemplified by two recent successful projects. They are the consistently high occupancy rate of Kallista Mansions, a luxury service apartment building managed by The Ascott Group Limited, and the complete sell out of Baan Lad Phrao, a Golden Land master-planned community of single detached family homes. These successes have also resulted in Golden Land achieving recognition as a solid and innovative development company.
