Sansiri reaffirms the success of the 'The Monument Sanam Pao' (THE MONUMENT SANAMPAO) luxury high-rise condominium, which showcases a unique masterpiece on Phahonyothin Road, offering only 86 units with a total project value exceeding 1.6 billion baht. The project has been meticulously designed down to the last square meter and is located in a prime area in the heart of the city, near BTS Sanam Pao and just 5 minutes from the expressway. The company is preparing to gradually receive transfer volumes of up to 80%, confidently expecting to recognize revenue from the project exceeding 1.3 billion baht within this year, following positive feedback from residents after the transfer of ownership began last week. This is attributed to an average price increase of up to 8% from pre-sale prices over the past two years. In addition to the positive factors of location potential and the growth of the high-end real estate market last year, residents are eager to experience a high-end lifestyle that combines unparalleled comfort in every dimension. This project also introduces the 'SANDEE' Delivery Robot service, the first of its kind in Thailand. Customers are expected to move in by November 2017.

          Mr. Uthai Uthaisangsuak, Chief Executive Officer of Sansiri Public Company Limited  stated, “The project 'The Monument Sanam Pao' (THE MONUMENT SANAMPAO) has received excellent feedback since its launch two years ago and has been able to close sales rapidly with the concept of 'The Monument to Generations', which conveys the value of location passed down from generation to generation through a residential project that is akin to a work of art that can be handed down and provides long-term value to its holders, with value appreciating over time. Currently, the average price of the project has increased from 250,000 baht per square meter to 270,000 baht per square meter, reflecting an 8% increase over two years due to the positive factors of being the only luxury condominium in the Phahonyothin and Ari areas, where there is limited land available for condominium development. Meanwhile, the demand for high-end real estate remains strong, both for living and investment purposes. When comparing rental rates in the Phahonyothin-Ari condominium market, the project is expected to yield a return on investment of 4.3% from the pre-sale price.”

          “Residents can be assured that 'The Monument Sanam Pao' (THE MONUMENT SANAMPAO) will provide a quality living experience that can be passed down as a valuable residential legacy for future generations. In addition to being one of the most comprehensive projects with common areas and amenities that meet the lifestyle needs of high-end customers, it also incorporates PropTech innovations to enhance convenience for residents, creating a holistic living experience. This project is the first in Thailand to offer the 'SANDEE' Delivery Robot service, which will assist in delivering mail or packages to residents' doors, and the development of a Mobile Access HID system that connects via mobile phones to facilitate entry and exit at the project’s entrance, lobby doors, and passenger elevators. Residents can also download the Home Service Application for additional convenience within Sansiri's project,” Mr. Uthai added.

          “Sansiri believes that 'The Monument Sanam Pao' (THE MONUMENT SANAMPAO), the first project under the 'The Monument' brand, will serve as a model of success that reflects the confidence of high-end customers and can extend this confidence to the second project under the same brand, 'The Monument Thonglor' (THE MONUMENT THONGLO), which is planned for an official launch in early 2018,” Mr. Uthai concluded.

          The 'The Monument Sanam Pao' project is the only luxury condominium in the Phahonyothin or Ari area, covering over 1 rai of land, aiming to become another significant landmark in the area that offers unique luxury. With only 86 units available, there are options ranging from 1 to 2 bedrooms, with sizes from 46.25 to 89.25 square meters, up to a 3-bedroom penthouse sized from 138.25 to 140.25 square meters. Importantly, the design of the project's common areas is intended to meet the needs of high-end customers precisely, starting from the entrance with rare Blue Sodalite marble that captures attention leading to the stunning Lobby Lounge on the first floor, adorned with Corchia Grey marble that resembles a valuable natural artwork. The comprehensive common areas on the 9th floor include a library, tea room, social lounge, screening room, spa, and multi-purpose room, all featuring handcrafted hexagon basket weave flooring made from traditional teak wood, enhancing the luxury feel. The 23rd floor is designed as an Infinity Edge Pool, using Silver Grey Quartzite stone for the pool floor, which has silver mineral streaks that create a sparkling effect and a unique texture. The fitness center on the 24th floor is another highlight of The Monument Sanam Pao, offering clear views of the city, enhancing the aesthetic experience of exercising and relaxing.

          Additionally, 'The Monument Sanam Pao' has carefully selected special amenities for the units, considering both aesthetic design and functionality, such as Samsung Digital Door locks, TOTO Neo-rest Automatic Water Closets with hybrid systems that save energy and conserve water, including remote control operation, Insulated Glass to reduce heat and external noise, Video Door Phone & Home Automation, unique Kuppersbusch kitchen systems from Germany, and a sound system in the screening room featuring a 75-inch LED TV from Bang & Olufsen (B&O), known for seamlessly integrating technology with design. All of this represents a blend of tranquility with nature, infused with classic elements of traditional culture, and a selection of amenities and designs that meet the modern needs of the new generation, in a prime location ready to pass on these wonderful experiences as a legacy for future generations.

Thank you for the information from www.sansiri.com