Sansiri Plc, a developer listed by SET, continues to gain momentum as it aims to be the most trusted real estate company in Thailand by foreign investors.
It has gathered a total of 1.5 billion baht because of sales that are coming from foreign investors and this is in the first five months of this year alone. At the same period of 2015, the company was able to gather 800 million baht.
There are many overseas investors but the largest group comes from Hong Kong with a total investment spending of 600 million baht. Mainland China comes second with 350 million baht while investors from the Western countries have spent 200 million baht.
The most popular project that was owned by Sansiri is the Mori Haus which is located in Sukhumvi Soi 77 as part of its T77 development. This is preferred by many because it is close to a community mall, an international school and the expressway as well as the skytrain. It has racked up a total sales amount of 700 million in baht.
Foreign investors are also keen on the resort condo projects by the company located in Hua Hin, Phuket and Pattaya since it has received more than the target sales of 500 million baht. The project that is most desired by many investors is the Baan Mai Khao Phuket, Baan Plai Haad Wong Amat Pattaya, The Base Uptown Phuket and The Deck Patong.
According to Srettha Thavisin, the president of Sansiri, they are now considered that most trusted developer in Thailand and this is why the company is working to its aim to be known by foreign investors because of the sustainable growth it offers in a global scale.
It is common for Sansiri to launch their projects in overseas locations through holding events.
For this year 2016, Sansiri’s target sales when it comes to foreign clients is 5 billion baht and their total condo sales is expected to reach 28 billion in baht. Thus, it is expected that more foreign investors will purchase Pattaya condo for sale and other projects by Sansiri all over Thailand