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  • Sansiri - Thailand's Best Real Estate Developer

    Sansiri - Thailand's Best Real Estate Developer

    I just love these two advertisements by Sansiri (owner of Plus Property, my former employer): kind of miss Bangkok and the big city right now:

    http://www.sansiri.com/en/



    With best regards from Jan-Olav Storli

    Administrator and Owner of CaptainsVoyage.
    Main page: http://www.captainsvoyage.com
    Old forum: http://captainsvoyage.7.forumer.com/
    Join us: Save the "Kong Olav" on facebook

    Surround yourself with positive, ethical people who are committed to excellence.


  • #2
    Sansiri deal sets land price record

    The developer Sansiri Plc has paid a record price of 1.5 million baht per square wah (four square metres) for a land plot on Wireless Road, said Patima Jeerapaet, managing director of the property consultant Colliers International Thailand.

    Sansiri acquired the 823-square-wah plot, which used to house the Spanish embassy, in March.

    The price surpassed the one million baht per square wah paid by Raimon Land Plc for a plot on Phloen Chit Road which it bought from Oishi Group founder Tan Passakornnatee.

    Raimon surveyed and paid a deposit for the Wireless Road plot two years ago. The price then was 1.2 million baht a square wah, but the developer decided not to go through with the deal.

    Mr Patima said that Suthat Na Ayudhya sold the plot to Sansiri for 1.23 billion baht. Condominiums developed on land this expensive could command 300,000 baht per square metre, he said.

    Raimon has sold part of its nine-rai plot on Phloen Chit to Thai Summit Grand Estate Co, a property firm owned by Som**** Juangroongruangkit, the owner of the country’s leading auto parts manufacturer Thai Summit Group.

    Mr Patima said Thai Summit bought two rai for 1.32 billion baht, or 1.2 million baht per square wah, which was transferred on March 26 just before the expiry of property tax incentives.

    Many land transactions took place during the political turbulence, reflecting the strong confidence of Thai investors he said. During the first five months of the year, there were 23 land transactions with a combined sales value of about 10.58 billion baht.

    The largest deal was a 9.66-rai plot on Ratchadaphisek Road owned by the Stock Exchange of Thailand. The insurer AIA purchased the land for 1.6 billion baht at an auction last month. Mr Patima said the deal set a new benchmark of 480,000 baht a square wah for land on Ratchadapisek, up from 300,000 baht.

    The second largest deal was the acquisition of Sermmitr Tower on Asok Road by an individual investor from a fund. The 34,000-sq-m office and condominium sold for 1.5 billion baht.
    With best regards from Jan-Olav Storli

    Administrator and Owner of CaptainsVoyage.
    Main page: http://www.captainsvoyage.com
    Old forum: http://captainsvoyage.7.forumer.com/
    Join us: Save the "Kong Olav" on facebook

    Surround yourself with positive, ethical people who are committed to excellence.

    Comment


    • #3
      Good news from Sansiri:

      With best regards from Jan-Olav Storli

      Administrator and Owner of CaptainsVoyage.
      Main page: http://www.captainsvoyage.com
      Old forum: http://captainsvoyage.7.forumer.com/
      Join us: Save the "Kong Olav" on facebook

      Surround yourself with positive, ethical people who are committed to excellence.

      Comment


      • #4
        I thought the article was interesting (as were the commercials) because it gives me an idea of what different areas of the world consider "high-end" and "low-end" housing.

        So I did a little research. A few calculators, some algebra, and here's some prices for my reference to BKK real estate....

        80,000 Baht works out to about USD 2500 per square meter.

        In Georgia....

        Atlanta's Buckhead area is the ritziest place to live- always has been. It's where the Governor's mansion is..... and, as a consequence, is the most expensive. A high rise condo there (medium range pricing) goes for USD 2765 a square meter.

        Roswell, about 15 minutes from downtown, is about USD 2100 a square meter

        Alpharetta, about 30 minutes out, will cost you about USD 1291 a square meter

        Milledgeville, about 100 minutes from Downtown Atlanta and 35 minutes from me, is about USD904 a square meter.

        And some of my friends' houses on the market right now are going for USD 690, 915, and 770 per square meter respectively.

        Comment


        • #5
          Difficult to immediately comment with price comparisons here in the UK. Office space is described in square metres, but I don’t think folk generally have any idea of the area of the living space of their homes. Discussion of prices centres around the general description –flat (and which floor of the building), semi-detached house, detached house etc. – and the number of bedrooms.

          Comment


          • #6
            Thank you Lady E for those comparisons which I do find quite interesting.

            I'll see if I can dig up some of the numbers here in Trondheim as well some day, as a comparison.
            With best regards from Jan-Olav Storli

            Administrator and Owner of CaptainsVoyage.
            Main page: http://www.captainsvoyage.com
            Old forum: http://captainsvoyage.7.forumer.com/
            Join us: Save the "Kong Olav" on facebook

            Surround yourself with positive, ethical people who are committed to excellence.

            Comment


            • #7
              With best regards from Jan-Olav Storli

              Administrator and Owner of CaptainsVoyage.
              Main page: http://www.captainsvoyage.com
              Old forum: http://captainsvoyage.7.forumer.com/
              Join us: Save the "Kong Olav" on facebook

              Surround yourself with positive, ethical people who are committed to excellence.

              Comment


              • #8
                Sansiri's subsidiary: Plus Property:

                http://www.plus.co.th/en/index.aspx

                Plus Property Co., Ltd or 'PLUS' was established in September 1996 with an initial paid-up capital of 600 million baht.

                The company aims to provide Property Services through its 3 main business sectors:

                1. Plus Agency
                Property Agency
                Sales Management

                2. Plus Management
                Facility Management (Office building)
                Property Management (Residential)

                3. Property Consultancy

                Our parent company is Sansiri PCL., which is one of the leading developer in property development covering Single house, townhouse and condominium.

                Our creditability and profession will provide you optimized ways of property solutions either you are Thais or foreigners.
                With best regards from Jan-Olav Storli

                Administrator and Owner of CaptainsVoyage.
                Main page: http://www.captainsvoyage.com
                Old forum: http://captainsvoyage.7.forumer.com/
                Join us: Save the "Kong Olav" on facebook

                Surround yourself with positive, ethical people who are committed to excellence.

                Comment


                • #9
                  Re: Sansiri - Thailand's Best Real Estate Developer

                  They have done it again: beautiful!

                  With best regards from Jan-Olav Storli

                  Administrator and Owner of CaptainsVoyage.
                  Main page: http://www.captainsvoyage.com
                  Old forum: http://captainsvoyage.7.forumer.com/
                  Join us: Save the "Kong Olav" on facebook

                  Surround yourself with positive, ethical people who are committed to excellence.

                  Comment


                  • #10
                    Re: Sansiri - Thailand's Best Real Estate Developer

                    Wanna buy a condo next to me in Phuket?

                    With best regards from Jan-Olav Storli

                    Administrator and Owner of CaptainsVoyage.
                    Main page: http://www.captainsvoyage.com
                    Old forum: http://captainsvoyage.7.forumer.com/
                    Join us: Save the "Kong Olav" on facebook

                    Surround yourself with positive, ethical people who are committed to excellence.

                    Comment


                    • #11
                      Re: Sansiri - Thailand's Best Real Estate Developer

                      A not bad-looking new project from Sansiri: Baan Haad Plai at Wong Amat near Pattaya:

                      With best regards from Jan-Olav Storli

                      Administrator and Owner of CaptainsVoyage.
                      Main page: http://www.captainsvoyage.com
                      Old forum: http://captainsvoyage.7.forumer.com/
                      Join us: Save the "Kong Olav" on facebook

                      Surround yourself with positive, ethical people who are committed to excellence.

                      Comment

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