Sansiri Public Company Limited (SET: SIRI), Thailand’s leading property developer, announces strategic partnership joint venture with Mitsui Fudosan Asia Development (Thailand) or MFADT, a subsidiary of Japan’s leading real estate company Mitsui Fudosan, for their first condominium project “XELF by Sansiri” with combined joint venture project value exceeding 5.32 billion baht on a prime location in central Rama 4 – Sukhumvit 36, connecting major business districts (CBD) and mass transit systems including BTS and MRT.
This follows successful joint development of two luxury and premium housing portfolio projects: Narasiri Bangna Km.10 in Sansiri 10East Community in Bangna area, and Burasiri Chatuchot, bringing the total joint venture project value between Sansiri and Mitsui Fudosan Asia Development (Thailand) to over 11 billion baht.
The continued joint venture announcement and condominium business expansion reflect the confidence and vision of Mitsui Fudosan Asia Development (Thailand) in the Sansiri brand as a strong partner with specialized expertise of Thailand’s real estate market leader, understanding residential insights for over 40 years, with outstanding quality standards in project development, design, functionality, and after-sales service that understands every detail of living to serve new generation urbanites and investors seeking value and high growth potential.
This combines Sansiri’s project development expertise with MFADT’s global experience in creating residences that respond to modern and sustainable lifestyles, along with the recovering condominium real estate market and Japanese investors’ positive outlook on Thailand’s economic future trends, maintaining confidence in expanding investments across various industries in Thailand, reinforcing the long-term Thai-Japan partnership relationship that not only creates quality residential projects but also drives Rama 4 to become one of Bangkok’s most promising residential and investment centers.
This cooperation plan with Mitsui Fudosan Asia Development (Thailand) is one of Sansiri’s strategies to drive the organization forward, aims to achieve continuous growth and resilience to stay on as a leader of residential projects with readiness to work with new yet respectable partners in joint project development.
XELF by Sansiri, a new high-rise condominium brand from Sansiri on Rama 4 location, right next to Sukhumvit 36, near BTS Thong Lo and expressway, starting from 3.59 million baht. Designed under the concept “BE YOUR BEST SELF” to serve new generation people who prioritize self-identity and seek truly flexible living. Distinguished by diverse room designs including SIMPLEX and LOFT, with thoughtfully designed common areas in every dimension, including relaxation zones and active zones, perfectly accommodating urban lifestyles on a location conveniently connecting Sukhumvit, Thong Lo, and CBD areas.
