Strategic Partnership for BTS Group and Sansiri


Strategic Partnership for BTS Group and Sansiri

BTS Group and Sansiri join hands to establish a joint venture company, for the development of new condominiums located adjacent to the BTS SkyTrain. Combining confidence in leading property developer Sansiri, with the convenience and potential of BTS Groups’ land bank of prime locations along the SkyTrain, to introduce a new phenomenon to the Bangkok…

Lower Sukhumvit land prices hit record


Lower Sukhumvit land prices hit record

Source: Bangkok Post (18 Sept 2014) Land for property development in Bangkok from lower Sukhumvit Road to Ekamai is in demand, with prices hitting another record high in the first half of this year at 1.8 million baht per square wah, four times higher than the appraised price. Kitisak Jampathippong, chief executive of property consultant…

Demand high for Bangkok condo units


Demand high for Bangkok condo units

Source: Bangkok Post (17 Sept 2014) Bangkok condominium demand is expected to remain strong even with another 30,000 units set to be launched by year-end. Poomipak Julmanichoti, managing director of the consultancy Plus Property Co, said despite the take-up rate averaging only 68% in the first half of 2014, slightly less than the 70% rate…

Sansiri announced great success in attracting foreign buyers


Sansiri announced great success in attracting foreign buyers

Sansiri has achieved 8.5 Billion Baht in total sales from foreign buyers with Hong Kong, Singapore and Russia being the Top 3 source countries buying Sansiri condo properties ~ The developer continues to expand its foreign customer base with a host of exciting marketing campaigns ~ Sansiri announced great success in attracting foreign buyers, with…

With free visas, Thailand tells Chinese tourists ‘please come back soon’


With free visas, Thailand tells Chinese tourists ‘please come back soon’

Source: Reuters (5 Sept 2014) Above: Mainland Chinese tourists in Thailand To make vacationing in a country still under martial law a little more attractive, Thailand’s military junta is offering tourists from China free visas. Chinese are the biggest visitors to Thailand, accounting for 18 percent of total arrivals in July, but they also proved…

Thailand has to achieve GDP growth of at least 4.5%


Thailand has to achieve GDP growth of at least 4.5%

Source: Malay Online (17 Sept 2014) Thailand has to achieve the gross domestic product (GDP) growth of at least 4.5 per cent annually to keep up with other Asean countries, but it is something that it is not expected to achieve this year. If the GDP is lower than that, it means Thailand is retrograding,…

Launch of NYE Condominium in Singapore


Launch of NYE Condominium in Singapore

NYE by Sansiri (the largest listed property developer in Thailand) is offering high-quality 1-bedroom freehold condos in Bangkok City Centre (3 BTS stops to Sathorn’s Central Business District) with prices starting at SGD160,000 (cash down-payment of SGD48,000 only, due to financing of up to 70% for foreigners). Expected gross yield 6% p.a. Asia Bankers Club…

THAILAND PROPERTY AWARD 2013


THAILAND PROPERTY AWARD 2013

Winner of Best Developer Award 2013 – Sansiri Public Company Limited (Congratulations!) The Thailand Property Awards celebrate the best of the best and offer an unrivalled showcase of Thailand’s residential real estate industry. Now in their eighth year, the awards assist in promoting the high level of quality in Thailand’s real estate, construction, architectural and…

Thailand High Speed Rail Project Approved


Thailand’s military government has approved a $23 billion dollar plan to build a high-speed railway that will eventually link with China.  In the future it’s hoped to extend the line south to Singapore, meaning passengers and freight could travel from north to south Asia in as little as 12 hours.