Sansiri introduces the first condominium project in Phuket
WEDNESDAY, SEPTEMBER 28, 2011
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Sansiri plans to introduce nine more residential projects worth Bt14 billion to drive its presales to Bt26 billion this year.
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">One of them will be the developer’s first condominium in Phuket under the dCondo brand worth Bt560 million, president Sretthan Thavisin said in a press release yesterday.</font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">Sansiri believes that the market will continue to grow in the final quarter of this year. </font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">The government’s first-home scheme to give tax exemptions for units priced up to Bt5 million will help drive demand. </font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">The company has already recorded presales of Bt17 billion so far this year.</font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">After the Phuket condo project, the company plans to move on to launching Habitown town-houses and Habitia duplexes next year.</font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">Phuket is the second location in Sansiri’s expansion outside Bangkok after Hua Hin.</font></font></span></p>
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<span lang=\"EN-GB\"><font face=\"MillerText-Roman\" size=\"2\"><font face=\"MillerText-Roman\" size=\"2\">The company’s shareholders |on Tuesday approved a 4:1 stock split.</font></font></span></p>