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Sansiri eyes B150bn projects

Sansiri eyes B150bn projects

Residential launches will start this year

Mr Srettha, left, and Mr Uthai at the Sansiri press conference held on Tuesday.

SET-listed developer Sansiri Plc will spend 20 billion baht to launch new residential projects worth a combined 150 billion baht, with a presales target of 120 billion baht during 2022-24.

President and chief executive Srettha Thavisin said one-third, or about 50 billion baht, will be launched in 2022 from 46 new projects, mainly in Greater Bangkok.

The company aims to achieve 35 billion baht in both presales and transfers by year-end.

Only a quarter, or 11 billion baht, will come from condos as the high-rise market has not yet returned, Mr Srettha said.

Roughly 25.7 billion baht will be from single…

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