InDepth - Sansiri

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    THE XXXIX CONDOMINIUM BY SANSIRI.

    Sansiri PLC currently has over 240 projects spread

    throughout Thailand, as well as a project in

    Kensington, London. The company has become

    known not only for its well-designed residential units,

    but also its exceptional after-sales service and its

    commitment to various social causes and community

    projects.

    We are more than just a prope rty company. Our goal

    is to construct a life, not just a building, says San siris

    Chief Executive Ofcer, Khun Apichart Chutrakul. That

    is why it is important for us to also develop lifestyle

    services and products that ensure the ne eds of all of our

    customers are properly fullled. Our service does n ot stop

    once a customer moves in to a new home. Our after-sales

    service promises the highest standards of cus tomer care.

    Sansiri is also the only integrated property developer

    in Thailand, and the company prides itself on serving its

    customers for the long term a highly appealing feature

    to foreign investors. From construction and pre-sales, and

    throughout maintenance and rental brokerage, Sansiri

    is widely recognised for its efforts to make foreign

    homeownership and investment as easy and worry-free as

    possible for international buyers.

    Partnerfor livingSince its inception in 1984, Sansiri PLC hasgrown to become Thailands leading propertydeveloper. The company specialises in awide range of residential property options,

    including private homes, townhouses andcondominiums.

    FEATURE WALL AT THE XXXIXINCORPORATING PLEATED

    PREMIUM LEATHER ALONG THEHEADBOARD AND DISTINCT

    LIGHTING.

    KHUN APICHART CHUTRAKUL

    INDEPTH

    Sansiri

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    You could say Sansiri is a one-stop shop for all things

    real estate, adds Khun Apichart. When we build a

    property and sell it to a homebuyer, we essentially

    become their partner for life.

    Although long established as Thailands premier

    luxury developer, Sansiri now taps into every market

    segment to respond to the demands of customers looking

    for properties across different price ranges and locations.

    However, Sansiri prides itself on providing the best

    property products, regardless of market segment, from

    THB1million condominium units to THB100 million

    luxury estates.

    INDEPTH

    Sansiri

    THE ICONIC DESIGN OF SETTHASIRIWATCHARAPHOLS CLUBHOUSE ISINSPIRED BY THE SHAPE OF A SEEDOF RICE.

    Our 240 projects nationwide cover every housing

    preference in the market, says Khun Apichart. We pay

    close attention to detail in developing our projects, and

    collaborate with leading architects and design brands

    from around the world to ensure the end result is always

    a beautiful living space of the highest quality with

    optimum functionality. It is one of our distinguishing

    featuresa unique selling point. When we design a

    project, we pay close attention to every single element

    and the smallest details, and use the context of the local

    community as inspiration for the design.

    Setthasiri Watcharapol is a good example of this

    approach. Its a modern Thai-style single-detached

    housing project with a signature Thai residence design

    and all the elements of the project were designed

    according to the concept of Holistic Living. The

    project also reects the location, which 50-100 years ago

    was a rice eld that produced sustenance for Bangkok

    residents. The Rice Kernel shape was used for the

    clubhouse design and has become a key landmark of the

    project.

    The design of a Sansiri project is always greatly

    inspired by the natural surroundings of that projects

    location, explains Khun Apichart. All of our projects,

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    THE MATERIALS AND CLOUDSCHEME AT BAAN MAI KHAOREFLECT THE NATURALSURROUNDINGS.

    therefore, have very unique and distinct designs that

    are heavily inuenced by the environment of their

    respective areas, which we believe also makes Sansiri

    somewhat different from other developers.

    Foreigners are permitted to own up to 49 percent of

    any condominium development in Thailand, and there

    is already an excellent selection of Sansiri properties

    available for expatriate buyers to invest in. According

    to Khun Apichart, foreigners constitute approximately

    3 percent of Sansiri property buyers and the goal is to

    increase this percentage to 10 percent over the next

    three to ve years in order to continue to sustain the

    companys rapid growth.

    We are seeing a growing trend of foreigners investing

    in property in Thailand and expect that it will continue,

    Khun Apichart explains. Once the AEC is implemented,

    we believe that the ASEAN real estate market will prove

    to be a sound investment for foreign buyers. The new

    competitive environment of the upcoming AEC will also

    add to the importance of expanding our customer base.

    One notable new Sansiri project that appeals to foreign

    investors is Baan Mai Khao , a freehold beachfront

    condominium on Phukets Mai Khao Beach. The project

    is being developed based on an overall concept of

    Unforgettable with Barefoot Luxury designs, and

    offers a high-class getaway surrounded by nature.

    Every last detail of the project, from its architecture

    to its nishes, has been designed to evoke wind, sunshine

    and sand, says Khun Apichart. It has a semi-outdoor

    lobby with a gorgeous sea view, and the landscaped

    gardens are full of local vegetation, including Cajuputs

    and Eugenia tree which are unique to Mai Khao beach.

    Both the exterior and sun-lled interiors are inspired by

    Phukets signature Sino-Portuguese heritage.

    Sansiris holistic approach to property development

    has earned the company numerous accolades in a range

    of categories. Between 2006 and 2013, the company

    was recognised by a number of prestigious institutions

    and industry professionals, receiving awards that

    included Best Res idential Proje ct of the Year Award

    (2006) from Asia Pacic Commercial Real Estate, Best

    Developer in Thailand Award (2008) from Euromoney,

    Design Excellence Award (2012) from the Department

    of International Trade Promotion, Good Design Award

    (2012) from The Japan Industrial Design Promotion

    Organisation, Best Public Service Architecture Thailand

    Award (2013) from the International Property Awards.

    In 2012, our residential sales were number one

    in Thailand, says Khun Apichart. However, being

    number one in sales is not our main objective it is far

    more important for us to be considered number one by

    our customers and prospective customers. Our aim is

    to be the most preferred property brand. We strive to

    enhance the quality of life for all of our stakeholders,

    including customers, business partners, employees, and

    relevant communities.

    To that end, Sansiri has been praised for its dedicated

    Social Change corporate responsibility programme,

    also receiving the Best CSR Practice Across Southeast

    Asia Award (2011) from Enterprise Asia and the Basi l

    Hetzel Award (2013) from The International Council for

    Control of Iodine Deciency Disorders Global Network,

    the latter given for the companys continued contribution

    toward the elimination of iodine deciency disorders.

    Sansiris ongoing work with UNICEF is predominantly

    focused on improving quality of life and ensuring the

    rights of children across the Thai nation.With Thailands property market experiencing healthy

    growth and residential demand steadily increasing each

    year, the future looks bright. Sansiri is optimistic about DINING SET AND ELEGANTCHANDELIER AT THE XXXXIX WITHIMPORTED BUILT-IN CABINETFROM RENOWNED ITALIAN BRANDBINOVA.

    OCTOBER 2013 |89

    INDEPTH

    Sansiri

    A HANDMADE WICKER PALMPIECE BY CORNER 43 DCOR ISINCORPORATED INTO THE WALLOF THE CLUBHOUSE AT SETTHASIRIWATCHARAPHOL.

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    AT PYNE BY SANSIRI, WHEN YOU ARE THE CENTRE,THE WORLD REVOLVES AROUND YOU.

    GARDEN SQUARE OFFERSA SOPHISTICATED LIVINGEXPERIENCE WITH A TOUCH OFQUINTESSENTIAL LONDON.

    the opportunities and changes that will be brought about

    by ASEAN integration, but recognises the necessity for

    growth in what will become an exceedingly competitive

    market environment.

    By further diversifying its property options,

    continuing to improve on its excellent customer service,

    and focusing greater attention on the countrys growing

    foreign investor market, the company is condent that

    it will be able secure its market position in Thailand.

    The company certainly has the required experience,

    resources, and drive to do so.

    With our heavy investments in new properties

    upcountry and in border towns, we are condent that

    the Thai property market can offer good prospects for

    capital gain for foreign investors, concedes Khun

    Apichart. Unlike mature markets, such as those of the

    UK, USA and Australia, investing in an emerging market

    like Thailand can maximise capital appreciation in the

    long-term by spending less funds.

    WE BELIEVE THAT THE

    ASEAN REAL ESTATE MARKET

    WILL PROVE TO BE A SOUND

    INVESTMENT FOR FOREIGN

    BUYERS.

    INDEPTH

    Sansiri