Hachi Yin, CEO and Founder of Utopia CorporationPhuket, Thailand – Utopia Corporation (UCORP), one of the largest real property developers in Phuket, invests 816 million Baht in ongoing projects to construct disruptive, distinctive, and creative residences in Utopia Yamu and Utopia Thalang, building on its business strength. It also highlights 2021 sales achievement, investment returns, and preparations to launch two landmark projects in the golden locations of northern and southern Phuket. CEO and Founder of Utopia Corporation, Mr. Hachi Yin, reveals that for the first three quarters of 2021, despite the COVID-19 crisis, Utopia Corporation continued to lock in sales, driven by the cutting-edge technologies developed by its affiliate, Zeus Teknology. All presentations and public relations initiatives, from image displays, videos, and 360-degree immersive images to customer relationships, sales, and post-sale services, are completed and buyers do not need to visit the actual area or property in person.132 units were successfully sold with the year-to-date income of 438 million Baht, including the backlog of 491 million Baht. Furthermore, it is estimated that the increase of 10% of payment will be fulfilled in Q4 of 2021 by efficient management of costs and expenses.Another success for Utopia Corporation this year is the distribution of the remuneration from the investment program to their investors. A total of 354 million Baht has been fruitfully returned to them according to the plan. This reflects the capability of Utopia in providing stable returns to investors despite these turbulent times with a fluctuating economy.In 2021, Utopia Corporation also explores international markets through seminars in sale promotions and investment requirements in Thailand for international buyers. In the final quarter of 2021, UCORP will simultaneously conduct a marketing campaign and arrange seminars in 16 cities in China with a total of 48 events, Hong Kong (4 events) and United States of America (8 events). UCORP will also participate in the London Property Show in London. In Bangkok, seminars are also arranged, including the cooperation with the Government Savings Bank to drive the higher investment in Thailand.Additionally, the “Entertainment Complex” Utopia Dream, a mixed-use development with a low-rise condominium to be constructed in the area of Naiharn, the southern coast of Phuket. It will be a paragon of the relaxation filled with color, happiness, and world- class entertainment activities. The total investment for these two projects, as mentioned earlier, is above 4,000 million Baht. Utopia Corporation intends to list on the Thai Stock Exchange within the next five years in order to provide greater stability and strength in the future.
