Sansiri bullish on low-rise housing market

SET-listed developer Sansiri maintains a strong optimistic outlook for its low-rise housing projects scheduled for launch in the second quarter. The company attributes this positive sentiment to the current environment of easing interest rates and manageable operational expenses. Sansiri anticipates that housing prices are set to increase during the third quarter, further bolstering its confidence in the low-rise residential market. This positive forecast is based on a comprehensive assessment of both the macroeconomic landscape and prevailing real estate market trends. Lower borrowing costs are expected to enhance homebuyer affordability, thereby stimulating demand within the market. Concurrently, Sansiri's effective strategies in cost management are poised to ensure the profitability of its new developments. The company is committed to delivering high-quality low-rise residential products to meet growing market demand and looks forward to achieving significant market performance in the upcoming quarters.