Thailand’s listed developer Sansiri has officially opened its Singapore office at Ocean Financial Centre. It is Sansiri’s first international office outside of Bangkok, where the group’s head office is located. According to Sansiri CEO Apichart Chutrakul, the company is planning to launch nine new condominium projects in Thailand for sale in Singapore and Asia this year; this includes THE LINE Phahon-Pradipat, to be launched on the weekend of March 25 and 26.

The Singapore office will provide after-sales services for clients as well as be the point of contact for key local partners. It will also assist owners in managing their properties remotely from here.

Separately, Sansiri launched its flagship condominium — and Thailand’s most expensive — 98 Wireless on March 14. Prices start at around US$2 million ($2.8 million) for the two-bedders, the smallest of which is about 1,292 sq ft.

Chutrakul says the company has received enquiries from prospective Singaporean buyers, but adds that Singaporeans traditionally prefer mass-market condos in Bangkok.

“Singaporean buyers are astute investors [who are] always looking for good investments and rental yields,” he says.