Sansiri highlights its financial strength by announcing its partnership with Bangkok Bank that is providing financial support for the development of 3 condominium and detached house projects in high-potential locations in the Bangkok metropolitan area and Phuket to support the needs of both Thai and foreign customers
Mr. Wichan Wiriyaphusit, Chief Financial Officer, Finace Department Sansiri Public Company Limited, Thailand’s leading real estate development company, said that Sansiri plans to develop projects in high-potential locations to meet the needs of both Thai and foreign customers. Sansiri is also committed to continually strengthen its business by collaborating with leading partners in various industries, especially in the financial sector. The company has received the confidence and support from Bangkok Bank, Thailand’s leading financial institution, which reinforces the confidence of investors and Sansiri customers. Bangkok Bank has now provided financial support for the development of projects in 3 high-potential locations with a total value of more than 3.2 billion baht.
“Sansiri would like to thank Bangkok Bank for its financial support and confidence as a strong business partner, which is an important factor in enhancing Sansiri’s financial strength. This collaboration not only enhances the potential for project development and stable financial management, it also increases the confidence of investors and customers who trust the Sansiri brand. It shows we have confidence in our growth potential to support the housing needs of Sansiri customers in Bangkok and other provinces. This partnership represents another important collaboration for Sansiri in our development of quality residential projects,” said Mr. Wichan.
Bangkok Bank Executive Vice President Ms. Punnada Vilyalai said that Bangkok Bank, as a leading regional bank, is ready to provide financial support to Sansiri Public Company Limited, Thailand’s leading real estate development company. Sansiri’s strong brand is well-positioned to help it meet the housing needs of customers in all segments. The company’s commitment is based on the concept of continuous development and creating a good quality of life for everyone through 4 core principle: timeless design, endless quality and service, community living for a good quality of life and a commitment to sustainability with housing development guidelines that reduce greenhouse gas emissions and are environmentally friendly in all aspects. This is in line with Bangkok Bank’s business guidelines, which aims to support customers financially to enable them to grow in line with global trends and achieve sustainable performance.
“Bangkok Bank is pleased to provide financial support to Sansiri in continuing to develop real estate projects, especially three outstanding projects in potential locations, namely The Base Ratchada 19 condominium project, dcondo Cove Phuket, and a new single house project located in Rattanathibet. These projects are based on the philosophy of building a house that is more than just a residence, but creates a good quality of life, both in terms of design and functionality that meets the needs of all lifestyles, including after-sales care, building a good society and quality of life, and a business approach that responds to the Pet Parent trend and sustainable green communities,” said Ms. Punnada.
Projects to receive funding from Bangkok Bank include “dcondo Cove”, a low-rise condominium with 862 units from 24 – 50 square meters and available parking lot up to 45%, on a large project area of 2 rai of land*. The project consists of comprehensive facilities that meet the lifestyle needs of both Thais and foreigners, and it’s prime location connects Patong Beach and the Old Town. Units feature special layouts and pricing starts from 1.69 million baht. “dcondo Cove” has received a good response after the opening of the presale at the beginning of November and more than 60% of the project has been sold.
The Base Ratchada 19 is a new condominium in the center of the Ratchada area, located at the junction of 3 main roads including Lat Phrao, Rangsit and Rama 9. Conveniently located close to multiple roads to avoid traffic jams it has access to Soi Ratchadapisek 19, Soi Vibhadi Rangsit 16 and 20, Soi Lat Phrao 18, 20 and 26. The condominium is only 750 meters* from MRT Ratchadapisek and just 5 minutes away from leading shopping centers including Central Ladprao, Union Mall and 6 minutes from The Street Ratchada. It has a separate pet-friendly building (Building B) and a common area of more than 2,900 sq.m. with a 3-storey clubhouse and complete facilities including Creative Hub, Social Lounge, Playroom, Gym, Swimming Pool, Lively Yard, Pet Playground. Pricing starts from 2.49 million baht and more than 30% of the project has been sold. The company is also ready to launch another new single house project in Rattanathibet area according to the business plan.