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Sansiri condo sales launched |
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Thursday, 23 August 2007 |
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The listed developer Sansiri Plc has launched sales of
the 600-million-baht Siri on 8 condominium in Sukhumvit Soi 8 to offer premium
units for high-end customers.
The eight-storey building, situated on a 418-square-wah plot about 300 metres
from the Nana BTS station, would house 74 condominium units sized between 55 and
81 square metres with prices starting from 4.9 million baht.
President Srettha Thavisin said the company expected to close sales of the
project in a few days as it already had bookings for 80% of the units. He
attributed the good response to the fact that competition was limited in the
high-end segment and the development itself matched buyers' demands.
At a time of low interest rates, he said, some high-end customers want to invest
in high-potential projects for the long term as they can resell units for good
gains or rent them out to executives or expatriates.
Earlier this year, Sansiri was successful in closing sales of its Siri at
Sukhumvit high rise in the Thong Lo area. It closed sales of the 460 units worth
3.1 billion baht, or an average price of 106,000
baht per square metre, within one month.
Mr Srettha said Sansiri would focus on premium projects while its subsidiary,
Plus Property would focus on middle-end projects.
source: Bkk Post
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