Sansiri Speed to Market is seizing the positive factors from the resurgence of the international market, with tourism recovering and foreign demand for condos as second homes in Thailand on the rise. The company has announced a partnership with Knight Frank, a leading Master Agent for exclusive real estate sales to foreigners in Hong Kong, along with a sales team of over 400 companies. Kicking off in early 2023, they will sell 'FLO by Sansiri', a new riverside condo valued at 2.3 billion baht, located in the heart of the city near the world-renowned ICONSIAM. This reinforces Sansiri's position as the number one Thai real estate brand in the eyes of the international market, having pioneered overseas property sales in Thailand for over a decade, gaining trust and recognition from foreign buyers. With confidence in the global reopening, they expect to achieve full sales and transfers of condos within the foreign market quota, targeting 12 billion baht in sales this year while preparing to expand into the CLMV market.

Ms. Piraya Boonak, CEO of Sales and Business Development for International Markets at Sansiri Public Company Limited stated, “Sansiri is the number one property developer in the hearts of foreigners, with the highest sales from a strong brand that has earned the trust of foreign clients for over a decade. As the first pioneer in overseas property sales in Thailand, we see positive signals from the recovering tourism market since the beginning of this year. Global tourists are traveling more after Thailand officially reopened, leading to a recovery in the tourism and consumer goods sectors, as well as an increase in foreign demand for residences in Thailand as a second home following the COVID-19 situation.”

Thus, we have announced our collaboration with Knight Frank, one of the top agents in the country selling real estate to foreigners in Thailand, as the Master Agent for the FLO by Sansiri project, a new riverside condo. The project boasts quality features that effectively attract foreign demand, including a prime riverside location.

This location is a potential area that foreigners trust for real rental income. The strong Sansiri brand, worry-free after-sales service, and management by Plus Property, which oversees the project from the moment customers move in, including rental and resale services, are complemented by a capable sales team and agents. The sales approach includes both virtual and live streaming formats, along with attractive investment returns suitable for both living and investing, with an average capital gain of about 6% per year and an average rental yield of about 5% per year, making it an attractive investment opportunity for foreign clients.

With over 10 years of expertise, Knight Frank has sold more than 10,000 units of real estate projects in various countries. We are confident that we can achieve full foreign quota sales of 49% for FLO by Sansiri as targeted, contributing to Sansiri's goal of 12 billion baht in foreign market sales this year.”

Mr. Kingston Lai, Chairman of Knight Frank Partner Limited, a major real estate brokerage firm from Hong Kong said, “Knight Frank has been working with Sansiri to sell real estate projects to foreign clients for a long time. Today, we are pleased to announce our collaboration with Sansiri as the Master Agent for the FLO by Sansiri project, which is currently attracting significant interest from foreign clients due to its quality.

The brand and after-sales service of Sansiri are well-recognized and trusted by foreigners, with competitive pricing and the prime location near ICONSIAM and the Chao Phraya River, which greatly motivates foreign investors. Additionally, we are preparing to expand our collaboration with agent partners worldwide to support the sales of other Sansiri projects for foreign investors continuously this year.”

“FLO by Sansiri” is a new 22-story riverside condominium with 508 units, exclusively from Sansiri, offering a unique experience with 360-degree views, unobstructed by surrounding tall buildings. It perfectly combines location, design, function, and amenities, featuring 1-bedroom, 1-bathroom units sized from 24.50 to 25.75 square meters, and 2-bedroom, 2-bathroom units sized from 48 to 64 square meters. A special highlight is the rare Loft unit with a ceiling height of 4.8 meters, offering city and river views, with less than 20% of such units available at an accessible price.

Developed under the unique RED BLOC concept inspired by the cultural district, the project features a brick tone and terracotta tiles from traditional architecture, modernized to create a distinctive identity. It includes double rooftop facilities with views of the river bend and city, along with a signature spiral staircase connecting to the Riverview Deck above, allowing residents to enjoy celebrations and fireworks during festivals. The Sky Bar offers both indoor and outdoor chill-out or party options, creating an atmosphere akin to that of leading hotels.

The project features creative spaces with diverse functionalities, accommodating both group and private work, a fully equipped gym for fitness enthusiasts, and a lobby designed with curves reminiscent of traditional Thai houses, modernized for a contemporary feel. The Garden Bloc, an internal garden inspired by the original community of fruit farmers, enhances the natural ambiance for relaxation.

For more information about FLO by Sansiri, the new riverside condominium, click here.