Mr Uthai said that as of April, Sansiri has recorded 12.5 billion baht in presales and more than 8.1 billion baht in transfers. Mr Uthai said that as of April, Sansiri has recorded 12.5 billion baht in presales and more than 8.1 billion baht in transfers.

SET-listed developer Sansiri Plc has revised its transfer and presales target up by 15-20% to 31 billion baht each by the end of the year despite the third wave of Covid-19 in the country.

Uthai Uthaisangsuk, the firm’s chief operating officer, said key drivers are low-rise homes as the firm aims to complete 58% of its transfer target and 65% of presales target of single detached houses and townhouses.

“We’ve revised the transfer and presales targets this year as both figures have outperformed previous targets set in the first four months, driven by promotions,” he said.

Between Jan 1-Apr 30, 2021, Sansiri recorded 12.5 billion baht in presales and more than 8.1 billion baht in transfers.

The four-month presale period comprised of 7.8 billion baht from single detached houses and townhouses and 4.7 billion from condos.

Earlier this year, it expected to have 26 billion baht in presales with 62% from low-rise homes and 38% from condos.

The new target of 31 billion baht has been broken up as follows: 65% from low-rise homes and 35% from condos, he said.

The transfer target was also revised up yesterday from 27 billion baht to 31 billion baht. About 58% will be from low-rise homes and 42% from condos.

He said presales and transfers for the remaining eight months will be better than the first four months as the company plans to launch new projects later in the year.

“The majority of new projects we plan to launch this year will take place in the fourth quarter,” he said. “Despite the third wave, we are confident that vaccinations for half of the population will

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