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Half of Sansiri project sells in 10 days

Thai property giant Sansiri continues its seemingly irresistible success in Phuket, announcing this week that it took deposits on more than 120 houses in its latest project, Habitia, in the 10 days from February 17 to 27.

Friday 2 March 2012, 04:08PM


The first two homes are now complete. Sansiri hopes to speed up construction to Bangkok rates – a house every 70 days.

The first two homes are now complete. Sansiri hopes to speed up construction to Bangkok rates – a house every 70 days.

That leaves just half of the 244 houses for sale in the B760 million project, located west of the British International School, yet to be sold.


Most of the buyers were local people “who want a house in a modern style”, said Suriya Wannabuit, Sansiri’s executive vice president for project management and marketing.


Customer trust the Sansiri brand, he said. Research showed, too, that few of the homes had been bought by speculators – so people were buying them to live in.


Mr Suriya took media on a tour of the two houses built so far which, he said, give a nod – a small nod – to local culture, with Sino-Portuguese elements incorporated in the homes, and rubber tree motifs in the arched entrance to the project. The original tin pond on the site was also kept for residents to relax around. A club house is to be built there.


He admitted that construction of the first two houses took longer than expected because the original work
was not up to Sansiri standards, and the first attempts had to be torn down again.


Normally in Bangkok it takes just 70 days for Sansiri to build a home. Here it is taking longer.


Habitia can build homes this fast because the houses are assembled from precast concrete elements. This method also means the homes have no pillars or beams, allowing home owners greater freedom in placing their furniture.
Next on the Sansiri list are town-houses, under the “Habitown” brand, to be built on an adjacent site.

The pre-sales days for that development will be from March 23 to 25.

 

 

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