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Above: Sansiri president Srettha Thavisin said  the company was working towards achieving that distinction among foreign customers for its global sustainable growth.

SET-listed developer Sansiri Plc is moving at full speed to become the Thai property company most trusted by foreign customers.

It racked up 1.5 billion baht in sales to foreigners in the first five months of 2016 compared with only 800 million baht in the same period last year.

The biggest group of overseas buyers was from Hong Kong (600 million baht), followed by mainland China (350 million baht) and Western countries (200 million baht).

Above: The biggest group of overseas buyers was from Hong Kong (600 million baht).

Sansiri’s Mori Haus project in its T77 development on Sukhumvit Soi 77 proved to be the most popular due to its proximity to an international school, community mall, expressway and the skytrain, sweeping up sales of 700 million baht.

Resort condo projects in Pattaya, Phuket and Hua Hin were also well received by foreign buyers with above-target sales of 500 million baht. The most sought-after projects were Baan Plai Haad Wong Amat Pattaya, The Deck Patong, The Base Uptown Phuket and Baan Mai Khao Phuket.

Sansiri president Srettha Thavisin said that after becoming Thailand’s most trusted brand, the company was working towards achieving that distinction among foreign customers for its global sustainable growth.

Above: Sansiri’s Mori Haus project in its T77 development on Sukhumvit Soi 77 proved to be the most popular.

Sansiri regularly holds overseas launches for Thai projects.

“The main objective for purchases as cited by Hong Kong and Chinese customers was for investment, with Bangkok and resort areas being the main targets for their attractive returns on investment,” Mr Srettha said. “Meanwhile, Western buyers look more towards owning vacation homes that can be rented out for profit while not occupied.”

Sansiri’s “Earn from the Holidays” plan for those who want to buy a holiday unit to live in and to rent out at satisfactory rates has also driven business.

In the last seven months of 2016, Sansiri will launch seven new projects, while roadshows will be organised to present projects to potential customers abroad.

“Our marketing effort this year will focus on Hong Kong and China due to the fact that the monetary volatility and high costs of property investment in these territories have been inducing investors to turn their eyes to Thailand, where the returns from rents are higher but the cost of investment is two to four times lower,” Mr Srettha said.

Sansiri is targeting sales to foreign customers of 5 billion baht this year, with total condo sales reaching 28 billion baht.

Above: The most sought-after projects were Baan Plai Haad Wong Amat Pattaya.

Source: Bangkok Post

The recent establishment of Chinese tech giant Huawei’s Regional Headquarters (RHQ) in Bangkok is another signal that Thailand could become a truly digital hub for Southeast Asia.

Huawei’s first technology and innovation centre in Southeast Asia, the RHQ, includes a training centre and state-of-the-art customer experience centre, occupying over 4,000 square metres in central Bangkok. The RHQ will link with others of its kind as part of Huawei’s global network of innovative labs created to incubate ICT solutions. This level of global connectivity is a positive step towards Thailand’s digital future, and a real vote of confidence in the Thai market.

The BTS Group and Sansiri launched their latest joint-venture project in the heart of the new CBD of Bangkok, Asoke-Ratchada. In partnership with Sansiri, Golden Emperor launched this project for the first time globally last weekend. Our clients in Hong Kong had first pick of units, and over 800 customers attended over the weekend.

Above: Terence Chan, Director of Golden Emperor, provided a presentation on the BTS-Sansiri project and Bangkok’s new CBD

Above: The many mega projects and developments that are appearing in this increasingly attractive location, including the Makkasan Complex.

As for lifestyle attractions, the Ratchada-Rama 9 area is ready to support the demanding needs of modern urbanites, with popular shopping venues like Central Rama 9, The Street and Esplanade. These megamalls are brimming with big-name stores and high-end retail outlets, making for a true consumers’ paradise. In addition, the cornucopia of IT shops at Fortune Mall carry an immense selection of information technology products, making it the final destination for IT shoppers – both Thai and foreign.

Above: Ratchada-Rama 9 area is ready to support the demanding needs of modern urbanites, with popular shopping venues like Central Rama 9.

For the health-conscious, there are a number of sports and fitness establishments that follow the latest trends in exercise, such as Bounce at The Street, and FITFAC Thai Boxing – a new style of workout for the current generation. As for nightlife, the Ratchada-Rama 9 area has long been known as one of Bangkok’s most lively night-time entertainment spots, with well-known venues such as the always exciting RCA and the unique theme mall Mansion 7. The area is also home to several ‘hang-out’ spots to satisfy the whims of every party-goer.

Above: Ratchada-Rama 9 area has long been known as one of Bangkok’s most lively night-time entertainment spots, with well-known venues such as the unique theme mall Mansion 7.

The many mega projects and developments that are appearing in this increasingly attractive location, including the Makkasan Complex and the MRT Interchange, will continue to contribute to the value of the land exponentially. With excellent transportation options, thriving business and commerce, and all kinds of lifestyle attractions, the Ratchada-Rama 9 area has extremely high potential. These factors will lead to an ever-greater need for living space in the area and help to drive real estate investment.

For those looking for prime business opportunities and quality real estate, there is little question that Bangkok’s new CBD, Ratchada-Rama 9, is the optimal choice all around.

Above: The LINE Asoke-Ratchada benefits from all of the facilities the area has to offer.

Located at the centre of the new CBD, only 300 metres from Phra Ram 9 MRT station, The LINE Asoke-Ratchada benefits from all of the facilities the area has to offer. Adhering to the principle that “Balance is Everything”, THE LINE Asoke-Ratchada addresses the need of city dwellers for a well-balanced lifestyle.

Source: Property Guru

Above:  Ratchadapisek-Rama 9 has quickly become Bangkok’s new Central Business District (CBD).

With all of its contemporary conveniences, Ratchadapisek-Rama 9 has quickly become Bangkok’s new Central Business District (CBD). Excellent transportation options, leading business and commercial entities, and the expansion of quality real estate developments in the area ensure the lifestyle and residential needs of modern urbanites. These developments are taking place continuously, resulting in tremendous growth in value and establishing Ratchada-Rama 9 as a golden location for businesses and local and foreign investors.

Above: Sirat Expressway connects to Chaloem Mahanakorn Expressway, heading to Bangna, and Uttrapimuk (Don Muang) Tollway, heading to Rangsit.

Ratchada-Rama 9 operates as a centralised transportation hub, providing the area with easy access to and from all directions. This key factor is widely responsible for the area becoming Bangkok’s new CBD. The Ratchada-Rama 9 location is surrounded by popular roads, including Rama 9, Sukhumvit, Asoke-Din Daeng, Ratchadapisek and Vibhavadi Rangsit, as well as Sirat Expressway – which connects to Chaloem Mahanakorn Expressway, heading to Bangna, and Uttrapimuk (Don Muang) Tollway, heading to Rangsit. Travelling along Chalongrat Expressway, one can easily connect to Ramindra, Kaset-Nawamin, and the Bangkok-Chonburi Motorway. This is indeed a golden location in terms of transportation, with immediate access to all areas outside of the city.

Above: The MRT stations of the Blue Line stretch across Ratchadapisek Road, making this area even more practical for residents and visitors.

The MRT stations of the Blue Line stretch across Ratchadapisek Road, making this area even more practical for residents and visitors. The Sukhumvit MRT station conveniently connects to the BTS at Asoke, while the Phetchaburi MRT station connects to the Airport Rail Link. The upcoming orange MRT line running from Minburi is due for completion in 2020 and will connect to the Blue Line at the Thailand Cultural Center MRT station.

Above:  Ratchada-Rama 9 has seen a rapid expansion of office buildings of leading firms, such as Unilever.

Due to the readily available and convenient transportation options, Ratchada-Rama 9 has seen a rapid expansion of office buildings of leading firms, such as AIA, Unilever, the Stock Exchange of Thailand and G Tower. Looking forward, the most anticipated project currently under construction at the Ratchada-Rama 9 intersection is The Super Tower. This imposing architectural masterpiece will stand 615 metres tall; it is set to become the tallest building in ASEAN and the world’s seventh tallest building. The building will house modern offices, a 6-star hotel, a state-of-the-art conference centre, premium food outlets, and Thailand’s highest observation platform. With its impressive design and construction, the 100,000-milion-baht colossus will serve a similar function to the International Finance Centre (IFC) in Hong Kong and Taiwan’s Taipei 101. The Super Tower will undoubtedly become a key landmark, helping to raise land value and further transform the area into a prime centre for investment.

Source: Property Guru