Video Report: Sansiri launches mid-rise condo

PHUKET: There are panoramic views of the island with glimpses of the sea from the 14th floor of Sansiri Plc’s recently completed, mid-rise condominium The Base Height-Phuket, making it something truly special.

With the starting price of a 30-square-meter unit, including all transfer expenses at the Land Office, coming to 1.99 million baht during a promotional period, this high-class condominium in the center of Samkong is easily obtainable.

While the infinity-edge pool and roof-top garden are beguiling, there is also a lawn with a big pool on the ground floor for residents of the 358-unit building.

Uthai Uthaisangsuk, Sansiri’s executive vice president, said that 60 per cent of the condos have already been sold, with two of the three designs still available.

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Though the 29sqm to 34sqm one-bedroom units are the only options left for property buyers, the two show units are well-planned and attractively decorated.

“Most of the customers interested in this project are doctors and nurses who work in hospitals in the Samkong area,” Mr Uthai said.

This is Sansiri’s only mid-rise on Phuket, though it has already built more than 10 condominiums on the island. This is due to regulations preventing buildings from being higher than 23 meters in other locations.

It is also the island’s third ‘The Base’ brand condominium, with the first two being The Base Uptown on the Bypass Road and The Base Downtown in Phuket Town.

“Normally in Bangkok, The Base is a high-rise building. It’s only in Phuket that we are limited to building eight and 14 storey buildings.”

Sansiri has also unveiled a ‘Plus Concierge’ service, run by its subsidiary Plus Property Company, which includes a host of choices on top of the essentials to make life really easy.

Like in a hotel, residents can book rooms in spas, tours and limousine service to and from the airport. It also offers drinking water and bill payment services.

Phuket can expect more developments by the well-known listed developer.

Mr Uthai confirmed that his company stands firm on what it said when it first arrived here – that it is going to be here for a long time.

“Sansiri has many classes of property, including single-detached houses and townhouses. In Phuket, we have our Burasiri single-detached housing project… We have developed a total of 15 projects here.”

Despite the upbeat mood amid this elegance, one can hardly forget that the Thai economic growth is sliding. The Bank of Thailand recently lowered its GDP forecast for 2015 to less than 3 per cent because of worse-than-expected performance in the export sector.

However, Mr Uthai optimistically hopes that things will improve in the rest of the year’s third and fourth quarters, as he thinks the economy has already hit bottom.

“If the government spends money on infrastructure in the third and fourth quarter, they could stimulate investment and I think the economy might pick up.”

— Nina Suebsukcharoen


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