Sansiri Public Company Limited, or SIRI, a leading real estate developer in Thailand, and Mitsui Fudosan Asia Development (Thailand) Co., Ltd., or MFADT, a top real estate developer from Japan, have announced the successful joint venture for their first project, "Narasiri Bangna Km. 10." This luxury single-house project is set to be the first masterpiece of the year under the Sansiri Luxury Collection portfolio, featuring only 56 exclusive units in the new luxury community, SANSIRI 10 EAST, developed by Sansiri. The partnership will continue with the next joint venture project, "Burasiri Chatuchot," a resort-style single-house project designed in New England Colonial style, with prices ranging from 15 to 30 million baht, located in the Sansiri Chatuchot Community, another new community from Sansiri, set to launch within this year.

The business collaboration between Sansiri and Mitsui Fudosan Asia Development (Thailand) reflects the confidence of their partners in Sansiri's operations, leveraging the brand's strength, potential, and expertise in developing outstanding luxury residential projects that stand out from competitors. This includes high-quality standards, meticulously crafted designs, and functional features, along with service delivery that meets the living and lifestyle needs of their clientele. Mitsui Fudosan Asia Development (Thailand) Co., Ltd., a subsidiary of Mitsui Fudosan and a leading real estate company in Japan, is committed to enhancing quality of life and superior lifestyles by applying expertise and innovation in residential project development, alongside comprehensive service delivery to create sustainable quality living experiences.

The collaboration plan with Mitsui Fudosan Asia Development (Thailand) is part of Sansiri's strategy under the business plan for 2023, 'Dynamic Growth: Reviving the Market, Building Confidence.' One of the key drivers for organizational advancement is expanding investment opportunities with new business partners to jointly develop projects. The collaboration between Sansiri and Mitsui Fudosan Asia Development (Thailand) combines the strengths of a market leader in Thailand with a global real estate company to create high-quality projects that meet the demands of the upper market, while elevating the standards of Thai real estate to an international level.