Sansiri Reports 4-Month Transfer Volume Surging to 9.2 Billion Baht, Up 28% - Anticipates Strong First Quarter Profit Boosted by School Sale
- SIRI – Sansiri has revealed that its transfer volume for the first four months has soared to 9.2 billion baht, a 28% increase compared to the same period last year. The ready-to-move-in condos, led by XT Phaya Thai and XT Huai Khwang, have seen high transfer volumes, while the horizontal projects have also contributed significantly with transfers from the true leaders in the luxury market, including Narasiri and Burasiri in Bangkapi, as customers flock to transfer due to their confidence in the Sansiri brand.
- Highlighting the ready-to-move-in projects, the company has launched a new campaign for the second quarter, titled “Great Deals… Transfer Only You!” Homes with discounts up to 3 million baht*, condos with a car for every unit*, and townhomes with cash back up to 300,000 baht* are available at all Sansiri projects when booked and transferred by June 30.
- Expecting strong first quarter profit growth, supported by special profits from the sale of the school business.
Mr. Uthai Uthaisangsuak, CEO of Sansiri Public Company Limited (SIRI), stated that Sansiri has achieved significant business success in the first four months of the year, with impressive transfer results in both ready-to-move-in condominiums and horizontal residential projects. The company has recorded a total transfer volume of 9.2 billion baht across all completed residential projects, marking a 28% increase from the same period last year. This includes 3.9 billion baht from ready-to-move-in condominiums, primarily from projects like XT Phaya Thai and XT Huai Khwang, while horizontal projects contributed 5.3 billion baht from Narasiri and Burasiri in Bangkapi, reaffirming their position as true leaders in the luxury market and the confidence in the Sansiri brand.
The strong transfer performance over the past four months, along with the continuous transfers in the ready-to-move-in homes and condominiums, has prompted Sansiri to launch the campaign “Great Deals… Transfer Only You!” Homes with discounts up to 3 million baht*, condos with a car for every unit*, and townhomes with cash back up to 300,000 baht*. For instance, the Burasiri Watcharapol project near the Ram Inthra - Ajnarong Expressway offers an additional 1 million baht*, while the Setthasiri Bangkok – Pathum Thani project features golf course view homes in a private phase with promotions up to 2 million baht*. The ready-to-move-in townhome Siri Place Pattanakarn is priced between 3.39 – 5 million baht* with cash back up to 200,000 baht* and all transfer fees waived. The condominium The Base Phetchaburi - Thonglor, just 2 minutes from Thonglor, starts at 3.79 million baht* with an ORA Good Cat 500 UL*. The Oka House Sukhumvit 36, near BTS Thonglor, starts at 4.39 million baht* with cash back up to 700,000 baht*, and XT Phaya Thai, a ready-to-move-in condo near BTS Phaya Thai, starts at 4.99 million baht* with an ORA Good Cat 500 UL*. This offer is valid only for bookings and transfers by June 30 at all Sansiri projects. For more details, visit http://siri.ly/sjRnTS5.
“The profit trend for the first quarter of Sansiri is expected to grow significantly compared to the same period last year, driven by continuous transfers from projects like Narasiri and Burasiri in Bangkapi, which have high margins, as well as condos like XT Phaya Thai. Additionally, there will be a boost from the sale of the Demonstration School, which is expected to generate special profits (after tax) of around 400 – 500 million baht. Combined with plans to aggressively launch new projects this year, we anticipate that net profit for 2023 will reach a new high,” Mr. Uthai stated.



