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Bangkok Post
Bangkok Post
Business

Sansiri banking on lower-end condos

The Base Height-Chiang Mai is set to be launched on March 19. Located on Kaew Nawarat Road in Muang district, Chiang Mai, the project comprises 630 units priced from 2.39 million baht a unit.

SET-listed developer Sansiri Plc will launch lower-end condo projects for sale a month before construction is completed and work with banks to ensure the transfer of units with lower mortgage loan rejections.

Ongart Suwannakul, assistant executive vice-president for project development department (high rise), said this strategy can help the company achieve sales and transfers in lower-end segments which have a higher mortgage rejection than others.

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