Sansiri Announces Significant Joint Venture with Four P Holdings to Develop Premium Condominiums in Cherng Talay, Phuket, Addressing Real Estate Demand in a World-Class Tourist Destination
Sansiri Public Company Limited, or SIRI, a leading real estate developer in Thailand specializing in the Phuket market, continues to strengthen its position. Recently, it announced a significant partnership with Four P Holdings Co., Ltd. to jointly develop a premium condominium project in the Cherng Talay area of Phuket. This collaboration with Four P Holdings is part of Sansiri's business strategy to engage in joint ventures with capable partners to enhance its competitive edge and seize future growth opportunities. Four P Holdings is a group of investors with a sharp vision, focusing on partnering with top-tier operators in the country.

Uthai Uthaisang-suk, CEO of Sansiri Public Company Limited, stated, "Sansiri would like to thank Four P Holdings for investing in our new condominium project in Cherng Talay, Phuket, which is a world-class destination with high growth potential. It is a Prime Location where land prices continue to rise, attracting interest from foreign investors. This collaboration reinforces that Sansiri is a trusted brand among investors. Sansiri has been part of Phuket for over 16 years, developing residential projects that meet the needs of all customer segments across various products, including condominiums, single houses, and townhomes. We are confident that this partnership will lead to the development of an outstanding new project in the Cherng Talay area of Phuket."

Pen Tool Yuwitthaya, CEO of Four P Holdings, revealed, "The Four P Holdings group has continuously recognized the growth opportunities in Phuket. We have confidence in Sansiri's expertise in project quality, design, and after-sales service, as well as its past successes in the Phuket market. This joint venture marks our company's first significant step into the real estate business, starting with a project in the most promising location alongside a strong and expert partner in the country."

This collaboration represents another important step towards developing a new premium condominium project in the Cherng Talay area of Phuket, combining professional expertise with a sustainable investment vision to establish a new landmark in one of the hottest locations in Phuket.