SIRI and MFADT Announce Success of First Joint Venture Project “NARASIRI Bangna KM.10”

Sansiri Public Company Limited (SET: SIRI or Sansiri), Thailand’s leading property developer, and Mitsui Fudosan Asia Development (Thailand) Company Limited (MFADT), a subsidiary of Japan’s major real estate developer, announced the success of their first joint venture project, “NARASIRI Bangna KM.10.”

This luxury detached-house project, part of the Sansiri Luxury Collection portfolio, is the first masterpiece of the year. Located in Sansiri’s newest luxury community “Sansiri 10 East”, it features exclusive 56 units. The strong business partnership between the two remarkable players also now continues with their next joint venture project, “Burasiri Chatuchot.”

This resort-style detached-house project is developed in the New England Colonial style, with prices ranging from 15 to 30 million baht. Located within the new Sansiri Chatuchot Community, “Burasiri Chatuchot” is set to launch later this year.

The partnership highlights MFADT’s trust in Sansiri’s proven operational capabilities, brand strength, deep expertise and impressive track record in unrivalled luxury residential project development. Sansiri’s distinct advantages include superior quality standards, meticulously crafted design excellence, functional innovation, and exceptional aftersales service that far exceed customers’ expectations.

MFADT, a subsidiary of Japan’s leading real estate developer Mitsui Fudosan Company Limited meanwhile brings to the partnership its extensive global real estate expertise. Mitsui Fudosan Group excels in creating a comfortable and fulfilling lifestyle through its strength in both providing physical residential spaces and offering comprehensive services. The Group also utilizes advanced technologies and expertise, with a strong focus on sustainability, to enable higher-quality, sustainable living.

Sansiri’s remarkable partnership with MFADT has been forged under its 2025 business strategy “Dynamic Growth,” which seeks opportunities to develop joint venture projects in collaboration with new partners. The alliance between Sansiri and MFADT combines the strengths of Thailand’s market leader with a global real estate powerhouse, creating high-quality projects that serve the premium market while elevating Thai real estate standards to international levels.