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Sansiri capitalizes on success of high-rise brand “The Line” Opens “The Line Sukhumvit 71”

net worth at 2,000 million baht
The second joint project by Sansiri and BTS presales this 8-9 August as initial advance into Taipei market
     Sansiri marches forward to further brand’s success with “THE LINE” condominiums under joint-venture company between Sansiri and BTS, advancing consecutive opening of “THE LINE Sukhumvit71”, following first project THE LINE Chatujak-Morchit’s closing sales instantly on the first day of presales in 3 countries; Thailand, Hong Kong, and Singapore, heralding the project’s prominence as a high-rise ‘Fully Furnished’ condominium embodying the concept of “Opportunity is Everything Location is Everything”, business prospect and future residence, advantaging every life style with venue in proximity with Phra Khanong BTS station of a mere 400 meters, a new way of living in the Ekkamai and Thong Lor area, amounting 291 unit project value of 2,000 million, set to precedent first advance into Tai Pei market, inaugurating pre-sale ‘Global launch’ for Hong Kong, Singapore, and Taiwan on 1-2 August, and Bangkok on 8-9 August with starting prices at 4 million baht.
     Mr. Uthai Uthaisangsuk, Senior Executive Vice President of Business Development & Project Development Division (High Rise) Sansiri Public Co.Ltd, has disclosed Sansiri’s furtherance on the success of the condominium brand “THE LINE” condominium in cooperation with BTS group holdings Plc., following up on the astounding feat from their first project; ‘THE LINE Chatujak-Morchit wrapping up sales of 841 units worth nearly 6,000 million baht straightaway in the first day of its simultaneous presales in 3 countries, Thailand, Hong Kong, and Singapore, by which success was achieved through distinction with the concept “Location is Everything  View is Everything”, residence by the sky train travelling is easy, most recently, to reiterate premiership in developing condominiums in line with Bangkok’s public transport, has prompt the opening of the project “THE LINE Sukhuvit71”, a high-rise condominium, Fully Furnished, situating just 400 meters from Phra Khanong sky train station with 291 units altogether, development project appraised at 2,000 million baht.
     “The Sukhumvit 71 location, known as Phra Khanong, has long been a community in the heart of the city on inner Sukhumvit road, another prospective location that is accommodating the expansion of the core zone like Thong lor-Ekkamai that are centers of business, commerce, and entertainment on Sukhumvit road, rightfully an area that is growing economically and socially. With its distinguishing locational feature that enables swift access to the city’s epicenter via sky trains and various shortcuts, such as Rama IV road, New Petchburi road, On Nut-Bangna road, Ramkhamhaeng road, adding convenient outbound traveling from the city with numerous expressway entry and exit points, furthermore, it is a community abundant with shops, restaurants, and longstanding fresh markets, including various freshly sprouted hangout zones, rightfully considerable as an area where the traditional and modern blends with perfection, making demands ever increasing, with rent space prices steadily rising 13% higher within just 2 years reaching 492 baht per square meter per month, or approximately 17,000 – 21,000 baht per month for 1 bedroom suites, accounting to an average return of 5-6%, ‘it’s a location that has garner interest from both Thais and foreigners as a residential area’ ”. Said, Mr. Uthai.
  • As for the project “THE LINE Sukhumvit71” Fully Furnished style condominium, located on 1.3 Rai of Sukhumvit 71 locale, is a 28-storey high-rise condominium that represents the concept “Opportunity is Everything  Location is Everything”, possibility belongs to those who first perceives them, get ahead in every lifestyle with locality just 400 meters from Phra Khanong sky rail station that connects to all key surrounding areas, gain quicker and easier access to greater opportunities, designed with the conception from “Urbanista” that merges the traditional cultures of Phra Khanong neighborhood with modernity creating a prominent architectural feat that towers above its surroundings to reach the beauty of a complete perspective on the city by trimming the Façade in an Unitized fashion with state of the art material, and interiors decorated with rare marble stones to reflect the values and opportunities of a superior lifestyle, enabling intimacy with the inner city while upholding the comforts of tranquility thru Wide Span Living and Full Height Window concepts that combines nature and art equitably.
     In addition, there is the comfort of leisure relaxation in all aspects of livelihood with ample facilities within the project grounds, featuring an innovative swimming pool that allows the enjoyment of music even under water, 3 different unit models are offered with living space beginning from 29.75 square meters, being; 1 bedroom 1 bathroom with areas from 29.75 – 34 square meters, 1 bedroom 1 bathroom with living areas between 40 – 44.75 square meters, and 2 bedroom 2 bathrooms in useable areas from 57.25 – 62.75 square meters. Prices start from 4 million baht. Presales are prompt to officially open in 3 countries, which are Hong Kong, Singapore, and Taiwan on 1st-2nd of this August, Hong Kong at The Parklane and Cosway bay hotel, for Singapore contact sales agents at “Huttons Asia” call (65)-6253-0030 or https://www.huttonsgroup.com, for Taiwan presales will be at W Taipei Hotel, and Bangkok on the 8th-9th this August at THE LINE Sales Center prompt with Presales Special Promotion Ready to move in Package when reservations and contracts are made. *Conditions apply are made by the company. For more information and details: www.sansiri.com or call 1685.
     “Sansiri and BTS group are preparing to launch condominiums along Bangkok’s mass transit system under the joint venture company, totaling another 25 projects with a net worth of 100,000 million baht in the next 5 years, piloting in this year with 4 more THE LINE projects and an addition urban center project that will open in the second half of 2015, comprising THE LINE Sukhumvit 71, THE LINE Wongsawang, THE LINE Phaholyothin Park, THE LINE Petchburi 18, and an addition condominium in the center of the city, accumulatively valuing approximately 20,000 million baht. As for the project THE LINE Sukhumvit 71, it is developed under the company BTS Sansiri Holdings Ltd., another project on a superb location with potential, being near the BTS Phra Khanong just 400 meters and other routes that are connected to important surrounding zones, which will give access to good opportunities quicker and easier than others, fitting for those who are ready. Every unit is Fully Furnished, ready for residence, ready for investment for renting out as soon as the constructions are done, so, there is confidence that this project will be well responded by the customers again like the first project” Mr. said in the end of his statements.