Sansiri Ready to Run! Soaring to Meet Foreign Demand for Thai Real Estate, Confident in Recovery of Purchasing Power in 2022
- Sansiri announces its readiness to soar and meet the foreign demand for Thai real estate, signaling a recovery. The company is confident that its ready-to-move-in projects cover all potential locations across the country and tourist cities, catering to all price levels, designs, and functions.
- The company is adjusting its plans to respond to every situation, ensuring project quality, value for money, and top-notch service and sales teams. As the No. 1 Thai real estate brand in the eyes of foreign markets for over 8 years, it has a solid customer base and an office in Shanghai that attracts foreign investors' confidence to continue purchasing.
- Thai real estate remains a primary destination for foreigners, whether for residence, vacation, or investment, supported by effective economic stimulus measures and confidence in Thailand's public health management.
- Positive factors from all government economic stimulus measures are expected to support the Thai real estate business, a key driver of the macroeconomy, which is beginning to recover robustly, leading to growth in related businesses and generating significant income for the country.
- The overall trend is positive, with more Thais getting vaccinated and preparing for booster shots. The Phuket Sandbox model has received a good response, and preparations are underway for the second phase of reopening the country.
Settha Thavisin, Chairman and CEO of Sansiri Public Company Limited (SIRI), revealed the company's readiness as the COVID-19 pandemic situation and positive supporting factors show signs of improvement. He stated, "Sansiri is very well-prepared to meet the increasing demand in all aspects from the recovery signals, especially the purchasing power of foreign buyers, which is flowing in as the country reopens. This presents a significant opportunity to generate substantial income and drive the country's economy forward, along with the positive direction from the government's gradual economic stimulus measures that help push the overall Thai economy forward at this time. We have various ready-to-move-in real estate projects in potential locations spread across the country, including Bangkok and popular tourist cities like Phuket, Chiang Mai, Hua Hin, and Pattaya. Additionally, the reputation and quality of the Sansiri brand, which has been recognized and has had the highest real estate sales abroad for over 8 years, along with our office and team in Shanghai, as well as our sales team and staff who have been fully vaccinated, give me confidence that Sansiri, as a leader in the real estate business and a key component of the country's GDP, will help stimulate economic growth this year. The pent-up demand from foreigners wanting to buy real estate in Thailand is still significant, especially from Chinese clients, who are our main customers, along with the strong confidence from foreigners in the management of public health and governance in the country."
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Settha Thavisin, Chairman and CEO of Sansiri Public Company Limited (SIRI)
"The overall situation in the country is showing signs of improvement, with more people getting vaccinated and some preparing to receive booster shots. The government has also begun to ease lockdown measures, which is a positive sign for the country to accelerate the recovery of the economy across all business sectors. The real estate business is a key driver of the country's economic stimulus and reflects the growth and overall economic momentum of the country, creating a multiplier effect through various related business sectors such as construction, labor, building materials, electrical appliances, and furniture."
I firmly believe that all the government’s economic stimulus measures that are being gradually rolled out will positively support the real estate business, generating substantial income for the country. Sansiri, as a leader in the real estate sector, is fully prepared to respond to all government economic stimulus measures to be a key driver in stimulating the economy and driving businesses in other sectors, impacting the overall macroeconomic landscape. Moving forward, we will definitely see Thailand progressing in a positive direction. The economy and tourism will recover, along with purchasing power and attraction from foreigners, due to the government's economic stimulus measures supporting the real estate business and many other sectors. When the country stabilizes in its governance, it will attract more global investments in Thailand, including viewing Thailand as a second home, vacation home, or for real estate investment."


