Sansiri Public Company Limited (SIRI) reaffirmed its leadership in the Thai property market, reporting nine-month sales of THB 39 billion-equivalent to 74% of its full-year sales target and a 5% year-on-year increase, despite ongoing challenges in the real estate sector.
During the first nine months of 2025, Sansiri recorded 19 project sell-outs worth THB 21 billion and built a strong backlog of THB 23 billion, securing about 50% of this year’s revenue recognition. With more than 10 additional projects nearing sell-out, the company signals a stable growth trajectory.
Mr. Wicharn Wiriyapushit, Chief Financial Officer, said the sales momentum was driven largely by condominiums, with strong demand for new launches including Vallez House, Wydden by Sansiri, and Self by Sansiri, which together generated THB 3.4 billion. In Phuket, Setthasiri Koh Kaew Retreat achieved a robust VVIP pre-sale, with over 30% of units sold prior to launch, while show-house sales alone contributed more than THB 1 billion.
The company also reported a solid pipeline of seven ready-to-move-in condominium projects, valued at THB 9.6 billion-including The Base Urban Rama 9, FLO by Sansiri, Dcondo Calm Ramkhamhaeng 40, The Muve Paw Bangkae, Canvas Cherngtalay Phuket, Maken House Chiang Mai, and Dcondo Campus Khon Kaen-which will support revenue in the final quarter.
Sansiri continues to navigate a sluggish property market with prudent yet flexible strategies, focusing on effective cash-flow management, portfolio diversification, and partnerships for future development. Leveraging its strong brand, design innovation, and after-sales service, the company remains confident of sustaining growth.
In the last quarter of 2025, Sansiri will launch seven new projects worth THB 18 billion, including Setthasiri Koh Kaew Retreat, Burasiri Chatuchot, Saransiri Chatuchot, and a new condominium in Kathu, Phuket. The firm will also debut its new Sansiri Community at Chatuchot on 185 rai, featuring the first two projects Burasiri Chatuchot and Saransiri Chatuchot, with pre-sales set for 4-5 October 2025.