Property developer Sansiri has announced it plans to launch 10 new developments worth a combined THB 21.5 billion during the three four months of this year.
Highlights for the quarter will include a new THE LINE project as well as single-house developments under the ‘Setthasiri’, ‘Saransiri’ and ‘Kanasiri’ brands. It will also launch a new single house community in Nakhon Ratchasima.
The company is confident it will meet its THB 35 billion revenue target for 2015 as during the first nine months of the year the company has already generated more than THB 20.5 billion in sales, or 60 percent of this year’s sales target.
In a statement the company said: “We will launch five new single-house developments during the last quarter of this year valued at THB 8 billion in total. This includes new projects in East Bangkok such as the THB 3.2 billion ‘Setthasiri Patthanakan-On Nut’ and the THB 1.6 billion ‘Kanasiri Wongwaen-Lam lukka’ which is the latest project under the popular ‘Kanasiri’ brand.
“In addition we will launch Sansiri’s first ever residential project in Korat, which is a single-house community called ‘Saransiri Korat’, valued at THB 1.2 billion. This project is aimed at responding to the increasing residential demand in this powerhouse city in northeastern Thailand.
“We will launch a new single-house project in Chiang Mai to accommodate the ever-increasing demands there, too,” is added.