Sansiri expands Phuket portfolio amid new city plan

Matichon•Economy•7d ago

Reader Briefing

Sansiri plans to double its Phuket project portfolio value to 80,000 million baht by 2030.

•Sansiri plans to launch 30 new projects in Phuket with a total value of approximately 40,000 million baht.
•Landowners in Phuket are selling land before a new city plan takes effect, which may impact development rights.
•Sansiri recorded sales of approximately 3,000 million baht in the first half of 2026.

•The real estate market in Phuket shows growth trends for the second half of 2026 despite intense competition.
•Landowners are selling land before a new city plan is enforced because it may affect project development rights.
•Phumchai Matthyomphappinyo believes Phuket has significant growth potential if the government accelerates infrastructure development.
•Sansiri aims to increase its Phuket project portfolio value from nearly 40,000 million baht to 80,000 million baht by 2030.
•Sansiri targets total ownership transfers in Phuket for the full year 2026 at 5,000 million baht.
•Sansiri's first half 2026 sales of 3,000 million baht increased from 2,300 million baht in the first half of 2025.
•Current customers in Phuket are 70-75% Thai and 25-30% foreigners, with the foreign proportion expected to reach 40-45% in 5 years.
•Sansiri will increase its resident base from over 10,000 units to approximately 20,000 units within the next 5 years.

Full article content is available on the original source.

Phumchai Matthyomphappinyo

"The challenge for the real estate business in Phuket province in the second half is not about purchasing power, but about increased competition."

ความท้าทายของธุรกิจอสังหาริมทรัพย์ในจังหวัดภูเก็ตช่วงครึ่งปีหลัง ไม่ใช่เรื่องกำลังซื้อ แต่เป็นการแข่งขันที่รุนแรงขึ้น

Phumchai Matthyomphappinyo(ภูมิชาย มัธยมภพภิญโญ)

Managing Director of the Southern Project Development Business Group at Sansiri Public Company Limited.

Sansiri Public Company Limited(บริษัท แสนสิริ จำกัด (มหาชน))

A real estate developer expanding its project portfolio and resident base in Phuket.

Phuket(ภูเก็ต)ℹ️

The province where Sansiri is developing real estate projects and where land price negotiations are occurring.