Thanaphol Sirithanachai’s Grand Unity Development Co., Ltd. is finalizing a deal to buy at least three unfinished property development projects worth 2.5 billion baht as the company is confident it sales would reach 1.5 billion baht this year.

Grand Unity’s total sales last year was 650 million baht, reaching previously projection, from home and condominium projects sale in Vipavadee, Rama IV and Bangseu districts.

“We introduced three projects amid economic downturn last year, but acknowledged defiant sales of 90 percent, 50 percent and 70 percent at U-Sabai project in RamIV district, U-Delight project in Vipavadee district, and U-Delight At project in Bangseu Station district respectively,” Mr. Thanaphol said.

Grand Unity expects sales of 600 million baht this year from the Park View and U-Sabai projects in Vipavadee district alone.

The company hopes its sale reached 1.5 billion baht by the end of 2009 from sales of the U-Delight and more new opening projects.

Grand Unity Development Co., Ltd. is 60 percent owned by Grand Univenture Plc and has registered capital of 600 million baht.

Seven of its development projects such as Water Cliff and Grand Parkview in Asoke district worth 5.2 billion baht are entering a rescue program.