Sansiri Plc continues to focus on the Chinese market and recently opened new offices in Shanghai, Guangzhou, and Shenzhen, reports local media. The upcoming offices will help the company generate THB3.5 billion in revenue from Chinese buyers as it hopes to bring in THB9 billion from foreign buyers this year.
The developer believes it will make THB4.5 billion in sales in China next year and the country has a high-potential for growth in the coming years. Sansiri worked with Luen Thai as a strategic partner to help open the 3 new Chinese offices. Sansiri opened offices in Singapore and Beijing last year and will launch an office in Hong Kong before the end of the year.
Mr.Thavisin and Mr.Leathers
“We are looking to expand our business into the Chinese market, especially in the north of China where the weather is very cool in the winter. Our resorts and condominiums located in various areas such as Chiang Mai, Pattaya, Hua Hin and Phuket offer a strong reason for them to buy thanks to the warmer weather, and they will be key driving forces in the coming year,” says Sansiri President Srethha Thavisin, to The Nation.
The most popular price range of real estate for foreigners buying units in Thailand is between THB5 million and THB10 million. The company has also had some popularity with units priced in the THB3 million range. The most popular locations among Chinese buyers are Chiang Mai, Phuket, and Pattaya.
“We have four offices in China and will open one more new office in China next year. We also offer back-end services and after-sales services for customers after they have purchased, and we do a more complete deal to handle all our customers’ needs. China is the biggest target market, with customers who will buy real estate across the kingdom. Thailand is very warm and a welcoming nation. Thais don’t mind if foreign buyers buy real estate in this country,” says Srethha.
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