Sansiri Set to Sell Out Setthasiri Don Mueang Worth 4.6 Billion Baht, Expanding into Q3 with New Project Setthasiri Great Don Mueang Featuring Latest Design in Prime Northern Bangkok Location

• Don Mueang is a hot location as Sansiri continues to showcase strong sales, with an announcement of Sold Out for "Setthasiri Don Mueang" valued at 4.6 billion baht coming soon.
• Moving into Q3, preparing to launch "Setthasiri Great Don Mueang" with the latest design valued at 2.5 billion baht.
• For the first time, Sansiri is establishing a new landmark by pioneering a "Residential Community" that combines both single houses and condominiums in one area.
• Reiterating that Don Mueang is a golden location for the future, benefiting from mega-projects like Don Mueang Airport Phase 3 and the Red Line electric train, driving land prices up by an average of 11%* and rental yields as high as 7%*.
• Expecting the Monetary Policy Committee to maintain the policy interest rate at 1% to boost purchasing power in real estate for the second half of the year.

Sansiri Public Company Limited, a leader in the luxury real estate market, reinforces its success and strength in the northern Bangkok area after the "Setthasiri Don Mueang" project, a luxury single-house project valued at 4.6 billion baht with prices starting from 12.99 to 40 million baht*, has received continuous positive feedback since its launch in 2023. It is expected to announce a Sold Out status soon, clearly reflecting the strong purchasing power and demand for premium housing in the Don Mueang area, which continues to grow robustly.

In addition to the specific positive factors of the project, another important factor supporting the real estate market in the second half of the year is the trend of interest rates remaining at levels conducive to home buying. Most of the market and leading financial institutions predict that the Monetary Policy Committee (MPC) will decide to maintain the policy interest rate at 1.00% in the meeting on June 24. Keeping interest rates at this level will support purchasing power, enhance confidence, and encourage consumers to feel more confident in making housing purchases, reflecting the growth opportunities in the quality housing market, especially in the luxury single-house segment in high-potential locations, which continues to attract interest from high purchasing power customers who are ready to invest and are not significantly affected by the economic situation.

The success of Setthasiri Don Mueang serves as proof of the potential of the northern Bangkok area, as closing a project valued at 4.6 billion baht within less than 3 years represents a sales speed that is faster than the average of the upper market single-house segment currently, amidst challenging economic conditions and the real estate market. This reflects that high purchasing power customers not only have strong demand but also have confidence in the Sansiri brand.

Building on this success, Sansiri is preparing to move forward into Q3 of 2023 with the launch of a new project, "Setthasiri Great Don Mueang" valued at 2.5 billion baht, under the concept "Portrait of Success" highlighting the latest design that has never been seen before. A key highlight is the unveiling of the "New Residential Community", the first of its kind from Sansiri, which will combine single houses and condominiums in one area to create the most complete living ecosystem in the neighborhood.

Currently, Don Mueang is not just a traditional residential area but has elevated to a significant "Hub" of northern Bangkok. According to statistics from the Treasury Department and the Real Estate Research Institute, the Don Mueang-Vibhavadi area is expected to grow exponentially due to 3 main factors: seamless transportation with plans to expand Don Mueang Airport Phase 3 (expected to open in 2030) and the extension of the Red Line electric train (Rangsit–Thammasat Rangsit in 2030), connecting major roads such as Vibhavadi Rangsit, Chaeng Watthana, and Song Prapha. Next is Lifestyle & Education Infrastructure surrounded by new shopping centers like The Central Phaholyothin (opening in early 2027) and leading international schools such as Harrow International School Bangkok and Brighton College Vibhavadi, attracting high purchasing power families and expats. Importantly, the attractive returns with the assessed land value in the area increasing by an average of 11% per year* while the rental market for single houses and condos in this area can generate rental yields as high as 7%* which is a high rate compared to nearby locations.