• Sansiri has set a new record for the Thai real estate industry once again. Recently, the project “The Monument Thong Lo” has seen its resale price soar to nearly 1 million baht per square meter.
  • For the first time in Thong Lo! The resale of a Penthouse unit, a Rare Item with only 1 unit available in the project, has increased in value by approximately three times within three years, reflecting the success of the project’s meticulous development under the ‘Sansiri Luxury Collection’ concept and customer confidence.
  • Reinforcing its position as the true leader in the Thai super-luxury market, creating a Talk of the Town phenomenon in the real estate sector with two world-class condos: “The Monument Thong Lo,” the highest resale price condo in Thong Lo, and “98 WIRELESS,” the highest resale price condo in Thailand.
  • Continuing to develop super-luxury projects, aiming to set a new standard for the Thai real estate industry with Sansiri's unmatched strengths in super-luxury project development.

Mr. Uthai Uthaisang-suk, CEO of Sansiri Public Company Limited (SIRI), a leading real estate developer in Thailand, revealed the latest resale price information for the mentioned unit after the project was completed (resale) of The Monument Thong Lo can set a new resale price record for the Thai real estate industry. This Penthouse unit, a Rare Item in this location, has achieved a resale price of nearly 1,000,000 baht per square meter within three years, marking the highest resale price for a condo in Thong Lo.

The Monument Thong Lo is the tallest condominium on Thong Lo and is part of the ‘Sansiri Luxury Collection’, a collection of super-luxury residences from Sansiri. It is considered a Rare Item located in the ‘Thong Lo’ area, a prime location with limited land available for development. This success stems from the confidence in the Sansiri brand and the development of products that meet the needs of high-end customers, based on three key philosophies: Refined Taste in design, Uncompromising Quality in material selection, furniture, and decor from around the world, and Unparalleled Living Experience through exclusive services like Butler Service by Plus Property, along with consistent maintenance to keep the project timelessly beautiful. It is also a pet-friendly condo, one of the few in the Thong Lo area, reflecting that Sansiri sets the luxury standard that others cannot match and continuously adapts to global design trends to offer the highest quality with meticulous attention to detail.

Recently, resale prices for units at this level have been found in CBD areas such as the Wireless Road and early Sukhumvit zones. For instance, in mid-2023, the project 98 WIRELESS, a flagship super-luxury condo from Sansiri, one of the best projects in Southeast Asia, set a record for the highest resale price per square meter in Thailand at 1,000,000 baht per square meter (launched in 2016 with initial prices around 580,000 baht per square meter). This is another rare project that is hard to find for resale in the current market.

Considering the potential of the location, Thong Lo is a Prime Area, a golden location in Bangkok that continues to appreciate in value. It is a leading business district and a hub for premium lifestyle in the heart of Bangkok, featuring community malls and is a popular residential area for foreigners, making this location increasingly attractive. There is another Sansiri project in Thong Lo that is part of the Sansiri Luxury Collection, which is KHUN by YOO, with only 2 units left, nearing Sold Out status, indicating that the project's value will certainly increase, making it a suitable investment.

“Investing in luxury condo projects, especially those that are Rare Items and in Prime Areas, still holds significant opportunities, as the prices of such real estate continue to rise due to ongoing market demand, particularly from high-end customers seeking projects in locations that meet their lifestyle needs, close to shopping areas in the city center. Thong Lo, apart from being a suitable residential area, is also a competitive investment location compared to economic districts like Wireless Road and Silom-Sathorn,” Mr. Uthai stated.

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