‘98 WIRELESS’ (Ninety-Eight Wireless) is a flagship super luxury condo from Sansiri and is one of the best projects in Southeast Asia. It has not only made history by holding the record for the highest average selling price per square meter in Thailand to date, but it has also recently shattered records in the Thai real estate industry again with an average selling price of 1,000,000 Baht per square meter, reinforcing its position as the true market leader in super luxury properties in Thailand.

From now on, condos priced at a million Baht per square meter will no longer be a surprise, as Sansiri is preparing to create a new phenomenon with a flagship project on Sarasin Road that high-end customers across the country are eagerly watching after purchasing a 1-rai plot of land at 3.9 million Baht per square wah, or 1,560 million Baht per rai in mid-2020. This will undoubtedly be a condo in the most potential location with the highest price per square meter in Thailand, creating a new historical milestone that will enhance Thailand's reputation.

Mr. Apichart Jutrakul , Acting Chairman and CEO of Sansiri Public Company Limited revealed that “Sansiri has spent over 7 years on the greatest challenge with the ‘98 WIRELESS’ project.

Under the philosophy of The Best Comes as Standard and the strategy of ‘building before selling,’ it achieved a pre-sale booking rate of 50% before the official launch, with only 77 units available, and a total project value of 8.7 billion Baht. With meticulous attention to every detail in creating value, 98 WIRELESS aims to provide the best in every aspect for residents, ensuring that Sansiri is confident and ready to compete on the global market as the best super luxury condominium in Thailand and Southeast Asia.”

Currently, the average selling price per square meter in the top luxury project market in Thailand, in freehold format (priced above 300,000 Baht/square meter) in the CBD areas including Wireless Road, Sukhumvit, and the Chao Phraya riverside, has seen an average growth rate of 7.9% from last year (2022). Meanwhile, the average selling price per square meter of the 98 WIRELESS project has skyrocketed to a record 1,000,000 Baht per square meter, up 40% from the average selling price at launch of 580,000 Baht per square meter, and has grown by 25% over the past year. Currently, freehold land prices in the Wireless Road area have reached nearly 5 million Baht per square wah.

For the supply of top luxury projects in Thailand in freehold format, with an average selling price per square meter above 300,000 Baht/square meter, only 19% remains available. This is partly due to the scarcity of freehold land in this location, which continues to increase in price, making it difficult to develop projects in this segment, resulting in increased demand for luxury condos.

A Historic Milestone in Thai Real Estate Development through 3 Strategies

The proof of Sansiri's success as the leading developer of super flagship luxury properties in Thailand lies in its unmatched strengths, which include: trust and recognition from high-end customers, both in brand and project quality standards, understanding the true identity and lifestyle preferences, and maintaining the condition of projects as if it were the first day. The last freehold land on Wireless Road is irreplaceable, combining the works of world-class designers into one, with every detail crafted from the finest materials, along with superior services that meet the true super luxury lifestyle.

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