Sansiri Issues First Green Bond in Thai Real Estate for Residential Development: Project 'Sarsin Location Condominium'
- Sansiri Public Company Limited has made history by reinforcing its position as a leader in sustainable real estate by offering the first Green Bond in the Thai residential real estate sector. This bond will fund the development of the "Sarsin Location Condominium," a pinnacle of full-scale sustainability, marking Sansiri's pride in being the first to issue a Green Bond.
- The Green Bond has a maturity of 3 years, with an interest rate of [3.10 – 3.25]% per annum, with interest paid every 3 months. It is backed by a strong rating of BBB+ with a 'Stable' outlook from Tris Rating, combined with the highest net profit in the industry. The subscription period is open from March 26 to 27 and March 30, 2026, through Kasikorn Bank.
Sansiri continues to pursue its commitment to sustainable development by promoting the company's ESG policies and strategies through the issuance of the Green Bond, which aligns with the Thailand Taxonomy standards. This framework serves as a reference for assessing activities or projects that qualify as "green" or "transition" based on verifiable environmental outcomes. Importantly, it provides investors with the opportunity to directly support projects aimed at reducing environmental impact while receiving stable returns, amidst the company's strong financial status with the highest net profit in the real estate sector.
This bond issuance is under Sansiri's Green Financing Framework, which complies with international standards and has been reviewed by DNV GL (Thailand) Co., Ltd., a leading independent external reviewer. The funds raised will be used to develop environmentally friendly projects, with the first model being the "Sarsin Location Condominium," designed to significantly reduce greenhouse gas emissions.

The 'Sarsin Location Condominium' is the epitome of full-scale sustainability.
1. Environmental Assessment (EIA & Community Well-being): The project has passed the EIA evaluation covering all dimensions, including air quality, noise, water, green spaces, and community well-being, with a continuous monitoring plan to ensure that environmental care measures are implemented effectively, not just on paper.
2. Low-Carbon Construction Innovations and Eco-Materials:
- Carbon reduction starts from the foundation: using low-carbon materials with traceable sources.
- Mechanical Fixing System: Utilizing a mechanical attachment system for building shell installation reduces concrete use, embodied carbon, and construction pollution/time.
- Heat-Reducing Facade: Using Terracotta materials that do not retain heat, effectively lowering building surface temperatures.
3. Smart Design for Optimal Living Quality: Meeting the "OTTV/RTTV" criteria guarantees "energy-efficient buildings" (according to BEC - Building Energy Code).
- Natural light optimization: Designing openings to allow comfortable daylight while reducing electricity use during the day without introducing excess heat.
- The project meets energy-efficient building standards (BEC) from the Ministry of Energy, distinguished by an effective building shell design (meeting OTTV/RTTV criteria), such as heat control through the integration of solar film and air gaps, reducing heat entering the building, extending the lifespan of air conditioning systems, which not only saves energy and reduces carbon emissions but also prolongs the lifespan of various systems within the building, truly addressing sustainability in the long term.

4. Enhancing Resource Use with Technology:
- Automatic Parking: An automated parking system that reduces construction size (saves materials) and decreases carbon/exhaust emissions from driving around looking for parking, while enhancing safety.
- Comprehensive Water Management: An efficient water management and treatment system that reduces long-term impacts on water resources.
5. Supporting Circular Economy and Reducing End-Of-Life Environmental Burden:
- Future-oriented design that facilitates maintenance, easy part replacement, and supports recycling to reduce landfill waste, minimize end-of-life pollution, and create a clean, orderly environment that promotes safety and community well-being in the long term.
Sansiri is committed to sustainable environmental management in all dimensions, from energy-efficient design, material selection, waste reduction, to increasing green spaces. This success is reflected through continuous awards and sustainability rankings from leading institutions both domestically and internationally.
Interested investors seeking stable returns while promoting eco-friendly goals can find details in the draft prospectus at www.sec.or.th and prepare to subscribe through Kasikorn Bank Public Company Limited via:
- Individuals: Online subscription at www.kasikornbank.com/kmyinvest (except for foreign nationals).
- Legal entities: Subscription through the head office and branches.
- For more information: Call 02-888-8888, press 869, and contact Kasikorn Securities Public Company Limited.