Phuket Property: Sansiri to build the Base Uptown

PHUKET: Looking to build on the recent sell-out success of “The Base Downtown” condominium project in central Phuket, Sansiri recently unveiled their new “The Base
Uptown” earlier this week.

The ‘urban lifestyle’ condominium project will feature a total of 387 units in three buildings, each with seven floors.

The project will span a five rai (8,000 square meters) plot adjacent to the bypass road, and comprise 351 one-bedroom units that range from 32.5 to 33.5 sqm, as well as 36 two-bedroom units from 55.5-57 sqm.

Speaking at the project’s pre-sale press conference, Mr Uthai Uthaisangsuk, senior vice president for condominium business and project development said that he expected the project to change the lifestyle of its buyers under the slogan “You are where you live”.

The one billion baht project’s construction is expected to commence early next year and be completed within two years after that.

Its facilities will include a swimming pool and kid’s pool, exercise room, garden and recreation area and wireless internet, which will be available in the lobby and by the swimming pool.

Sansiri’s has launched its Base brand, targeting mostly the mid-income tier, in three prime markets in the Kingdom: Phuket, Bangkok and Khon Kaen. Its first Phuket project, “The Base Downtown” launched sales in the second quarter of this year and sold out within a week.

At the start of this year, Sansiri earmarked 24 billion baht to launch 44 projects worth 46bn baht and to buy land for more projects next year. Of the total capital-expenditure budget, 6bn baht was to be spent on acquiring undeveloped land and 18bn baht on construction of the 44 projects.

The firm’s inaugural Phuket project in Kathu, the 556-unit ‘dCondo’ development instantly sold out in October last year and the 653 units in its second Kathu dCondo offering launched in January this year also sold out with unprecedented speed.

Sansiri recently acquired a large area of land in Mai Khao where they are expected to develop a project aimed at the high-end market.

Prices for the Base Uptown start at 2.1 million baht and there is a free iphone 5 those who take advantage of the open reserve.

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