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Major Property Developments In Thailand

The second largest developer in Thailand, Sansiri Pcl, is getting set to begin two new residential developments in Bangkok. The projects are to be located in the Prachauthid area of the city, where the company has had great success with another development launched in 2008, the Saransiri Wongwang-Prachauthid.

The two new projects are the Saransiri Prachauthid – Suksawad, which is worth some Bt1.7 billion, and the Town Plus Prachauthid, which is worth approximately Bt1.1 billion. The two new developments have already achieved pre-construction sales of 25 percent, according to the company.

Town Plus Prachauthid is a mixed-use development that will have townhouses, duplexes and shops for a total of 499 units available. Saransiri Prachautid – Suksawi will have 340 detached homes, with a starting price of Bt3.99 per unit. The two projects are targeted for the middle to upper income market.

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